Cherrywood · L2E 1S9
$579,000
$290 / sq ft3 months on market
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Great Investment Opportunity! Welcome to 4865 Armoury St. This vacant 3 unit home has great earning potential with one 3 bedroom and two spacious 1 bedroom apartments, allowing you to set your own rent! It also has basement finishing potential with a separate basement entrance. Within minutes to The Falls and the tourist area, schools, shops, restaurants and much more! Tons of character with bright new windows (2021) & beautiful floors (2021)New Roof (2019), Basement Waterproofing (2017). Spacious first floor unit with very large concrete porch for tenants. The second floor unit consists of a very spacious 1 BR and includes a large balcony. Walking up to the 3rd unit you will be met with another 1 bedroom loft style apartment. Huge private backyard as well as parking for 3+. With a little bit of work this property could bring great returns!
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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 25% 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 $579,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of EXP REALTY. 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.
Listing courtesy of REVEL Realty Inc., Brokerage
$669,900
Cherrywood
Listing courtesy of CENTURY 21 GREEN REALTY INC.