Cherrywood · L2E 4P2
$365,000
$243 / sq ft5 months on market
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INVESTORS, RENOVATORS & OPPORTUNITY SEEKERS-THIS ONE IS FOR YOU!Bring your vision and unlock the potential of this vacant Niagara Falls duplex, offering an exciting opportunity for investors, renovators or buyers looking to create a home while generating future rental income.With BOTH UNITS CURRENTLY VACANT, you have the flexibility to get started right away! Renovate, select your own tenants and establish new rents, or transform one unit into your own space while preparing the second as an income-producing rental.The property features a large 2-bedroom main-floor unit along with a spacious 2-bedroom upper unit plus a finished attic, providing generous layouts and plenty of potential to add value throughout.For the savvy investor, renovate both units and create a fantastic addition to your rental portfolio. For the first-time buyer or handy homeowner, this could be your opportunity to get into the market, build equity through renovations and have future rental income help offset your monthly expenses.Thinking even bigger? The property may also offer redevelopment possibilities for those looking to start fresh, subject to applicable zoning, permits and municipal approvals.Located in Niagara Falls with convenient access to amenities, major routes and everything the city has to offer.VACANT DUPLEX. TWO SPACIOUS UNITS. VALUE-ADD POTENTIAL.Whether you're looking to renovate, rent, live in one unit or completely reimagine the property, the opportunity is here. Bring your tools, your ideas and your vision-this property is ready for its next chapter!
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced below most comparable listings — about 4% of comparable multiplex listings in Niagara Falls are asking less.
Based on 24 comparable active multiplex listings in Niagara Falls. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $365,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of REVEL Realty Inc., Brokerage. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.