3536 Bond Street Niagara Falls, Ontario L2G 6H8

$650,000

Discover your new home in Chippawa-an ideal investment opportunity awaits! Nestled in a charming community, this beautifully renovated duplex is just a short stroll from the serene river and a quick 5-minute drive to the breathtaking Niagara Falls. This property is perfect for both first-time buyers and savvy investors, offering the chance to live in one unit while generating rental income from the other, effectively supplementing your mortgage. If you are an investor, the tenants are both amazing, would love to stay and can show a 5.5% cap rate. The main floor unit boasts 2 large bedrooms, a 4-piece bath, a spacious kitchen, and a bright living room with a sunroom filled with natural light. The upper-level unit features 3 bedrooms, a separate entrance, a 4-piece bath, and a living room that seamlessly transitions into the kitchen and dining area, complete with a walkout balcony perfect for sipping your morning coffee. Enjoy a beautiful partially fenced lot with a detached double car garage and driveway space for at least 6 vehicles. Shared laundry in the basement is accessible to both units, along with two separate storage areas that can be included in leases if desired. The home underwent extensive renovations in 2012/2013, including new flooring, kitchens, baths, wiring, plumbing, windows, a boiler, hot water tank, and roof-ensuring peace of mind for years to come. Both tenants are eager to stay and have proven to be exceptional to work with, currently on monthly tenancies. Don't miss this rare opportunity to own a property that offers both comfort and income potential in an exceptional location. Contact us today to schedule your viewing! (id:61215)

Property Details

MLS® Number	X12545386
Property Type	Multi-family
Community Name	223 - Chippawa
Amenities Near By	Park, Public Transit, Schools
Community Features	School Bus
Equipment Type	Water Heater
Features	Carpet Free
Parking Space Total	8
Rental Equipment Type	Water Heater
Structure	Deck, Porch

Building

Bathroom Total	2
Bedrooms Above Ground	5
Bedrooms Total	5
Age	100+ Years
Amenities	Separate Electricity Meters
Appliances	Dryer, Two Stoves, Washer, Two Refrigerators
Basement Development	Unfinished
Basement Type	Full (unfinished)
Cooling Type	None
Exterior Finish	Brick
Foundation Type	Block
Heating Fuel	Natural Gas
Heating Type	Radiant Heat
Stories Total	2
Size Interior	2,000 - 2,500 Ft2
Type	Duplex
Utility Water	Municipal Water

Parking

Detached Garage
Garage

Land

Acreage	No
Land Amenities	Park, Public Transit, Schools
Sewer	Sanitary Sewer
Size Depth	135 Ft
Size Frontage	60 Ft
Size Irregular	60 X 135 Ft
Size Total Text	60 X 135 Ft
Zoning Description	R1c

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Living Room	3 m	33.3 m	3 m x 33.3 m
Second Level	Bathroom	1.8 m	1.8 m	1.8 m x 1.8 m
Second Level	Bedroom 3	2.8 m	3 m	2.8 m x 3 m
Second Level	Bedroom 4	3.9 m	3.6 m	3.9 m x 3.6 m
Second Level	Bedroom 5	3.6 m	3 m	3.6 m x 3 m
Second Level	Foyer	2.4 m	2.4 m	2.4 m x 2.4 m
Second Level	Kitchen	3.9 m	4.5 m	3.9 m x 4.5 m
Main Level	Mud Room	2.1 m	3.6 m	2.1 m x 3.6 m
Main Level	Living Room	5.4 m	3.9 m	5.4 m x 3.9 m
Main Level	Sunroom	2.4 m	3.6 m	2.4 m x 3.6 m
Main Level	Bedroom	2.7 m	3.3 m	2.7 m x 3.3 m
Main Level	Dining Room	2.7 m	1.5 m	2.7 m x 1.5 m
Main Level	Kitchen	2.9 m	3.3 m	2.9 m x 3.3 m
Main Level	Bathroom	2 m	1.6 m	2 m x 1.6 m
Main Level	Bedroom 2	3 m	3.9 m	3 m x 3.9 m

https://www.realtor.ca/real-estate/29103890/3536-bond-street-niagara-falls-chippawa-223-chippawa