3865 Front Street Niagara Falls, Ontario L2G 8G3

$1,788,000

Rare investment opportunity situated directly across from the Chippawa Creek, this 9-unit building boasts incredible waterfront proximity with added potential to lease the land across the street for a dock or other value-enhancing features. With Tourist Commercial (TC) zoning, the property supports a wide range of uses including long-term rentals, short-term Airbnb stays, or a hybrid model, making it ideal for savvy investors.The building includes seven 1-bedroom units with scenic water views, two 2-bedroom units at the rear, all sharing a common laundry and storage area. Seven units and common areas have already been demo'd and cleaned, with updated emergency lighting, a new backflow prevention valve, and front cleanouts installed. A two-year-old roof adds peace of mind. Remaining work includes general interior finishes and final touches, with the building nearing the final stages of revitalization. Whether you're looking to reposition the property as a premium rental offering or capitalize on the area's strong short-term rental demand, this location offers exceptional flexibility, waterfront charm, and long-term upside. (id:61215)

Business

Business Type	Residential
Business Sub Type	Apartments

Property Details

MLS® Number	X12397134
Property Type	Multi-family
Community Name	223 - Chippawa
Amenities Near By	Public Transit

Building

Bedrooms Total	3
Cooling Type	Partially Air Conditioned
Heating Fuel	Natural Gas
Heating Type	Hot Water Radiator Heat
Size Interior	7,664 Ft2
Type	Multi-family
Utility Water	Municipal Water

Land

Acreage	No
Land Amenities	Public Transit
Size Depth	149 Ft ,11 In
Size Frontage	60 Ft
Size Irregular	60 X 149.92 Ft
Size Total Text	60 X 149.92 Ft
Zoning Description	Tc

https://www.realtor.ca/real-estate/28848522/3865-front-street-niagara-falls-chippawa-223-chippawa