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Last Updated : 600 Days ago
4424 Simcoe St, Niagara Falls, Ontario,

4424 Simcoe St, Niagara Falls MLS Number: X9859990

Niagara Falls, Niagara, ON, L2E 1T8

$2,400,000

Status: OFF MARKET

  • Property Type: Commercial (Investment)
  • Property Taxes : $20292.00 (Tax Year:2024)
  • Listing Courtesy : Colliers

4424 Simcoe St Property Description

This 9-unit multifamily building at 4424 Simcoe Street, Niagara Falls, has undergone significant improvements, positioning it as a prime investment in a sought-after location. The building features spacious two-bedroom units, providing comfortable living spaces that appeal to a wide range of tenants. Recent updates have enhanced the building's appeal and durability, including refreshed interiors and well-maintained common areas. Located at the corner of Simcoe Street and Palmer Avenue, residents enjoy easy access to the city's attractions and essential amenities. With a strong projected net operating income (NOI) of $137,465 and competitive market rental rates, this asset offers stable returns with room for future growth. Fully serviced units and 15 surface parking stalls complete the offering, making this property and excellent addition to any investment portfolio.

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4424 Simcoe St Property Facts

Property Type :Commercial
MLS Number :X9859990
Listing Type :Sale
Possession Date :
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Last Updated :31 Oct, 2024 (600 Days ago)
Source :TRREB
Area :Niagara
Postal Code : L2E 1T8
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4424 Simcoe St Property Price & Tax Insights

Price : $2,400,000
Property Taxes :$20292.00
Tax Year :2024

4424 Simcoe St, Niagara Falls Property Details

Cross Street :Simcoe St / Palmer Ave

4424 Simcoe St, Niagara Falls - Price History

2024-10

31 Oct, 2024

TREB #X9859990

Available

$2400000.0

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