9 Bedroom
3 Bathroom
2500 sqft
Central Air Conditioning
Forced Air
$979,000
Attention investors and large families! This fully renovated 2.5 storey income property is located on a spacious corner lot just a short walk from Niagara Falls, Clifton Hill, and the vibrant tourist corridor, offering exceptional rental demand and strong cash flow. With 9 total bedrooms, 2 bathrooms, two full kitchens, and several additional versatile rooms, this property is an outstanding turnkey opportunity with a proven income stream. One unit is currently rented for $3000 monthly, while the second was previously rented for $2950 plus parking, offering potential for over a 6 percent cap rate. Extensively updated, the home features new furnace and A/C, updated electrical, new plumbing, new siding, new roof, and completely renovated kitchens with new flooring and modern appliances, including dedicated laundry for each unit. All bathrooms have been refreshed, including a fully remodeled basement bathroom. Outside, enjoy a new pool liner and filter, an oversized deck for entertaining, ample parking, and a two-car garage. Ideally positioned near schools, highway access, shopping, and the city’s top attractions, this property suits investors seeking a high performing rental or student housing option with minimal effort required. A rare chance to secure a large, modernized property in one of Niagara’s strongest rental areas. (id:49187)
Property Details
|
MLS® Number
|
40794032 |
|
Property Type
|
Single Family |
|
Amenities Near By
|
Hospital, Public Transit, Schools |
|
Community Features
|
School Bus |
|
Parking Space Total
|
6 |
Building
|
Bathroom Total
|
3 |
|
Bedrooms Above Ground
|
7 |
|
Bedrooms Below Ground
|
2 |
|
Bedrooms Total
|
9 |
|
Basement Development
|
Finished |
|
Basement Type
|
Full (finished) |
|
Construction Style Attachment
|
Detached |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Brick, Vinyl Siding |
|
Foundation Type
|
Block |
|
Heating Type
|
Forced Air |
|
Stories Total
|
3 |
|
Size Interior
|
2500 Sqft |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Access Type
|
Road Access, Highway Access, Highway Nearby |
|
Acreage
|
No |
|
Land Amenities
|
Hospital, Public Transit, Schools |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
100 Ft |
|
Size Frontage
|
35 Ft |
|
Size Total Text
|
1/2 - 1.99 Acres |
|
Zoning Description
|
R1 |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
4pc Bathroom |
|
|
Measurements not available |
|
Second Level |
Other |
|
|
19'4'' x 9'5'' |
|
Second Level |
Bedroom |
|
|
10'1'' x 7'1'' |
|
Second Level |
Bedroom |
|
|
8'4'' x 9'6'' |
|
Second Level |
Bedroom |
|
|
12'2'' x 8'10'' |
|
Basement |
4pc Bathroom |
|
|
Measurements not available |
|
Basement |
Den |
|
|
13'2'' x 11'2'' |
|
Basement |
Bedroom |
|
|
11'4'' x 10'2'' |
|
Basement |
Bedroom |
|
|
11'4'' x 10'2'' |
|
Main Level |
4pc Bathroom |
|
|
Measurements not available |
|
Main Level |
Bedroom |
|
|
10'0'' x 11'8'' |
|
Main Level |
Bedroom |
|
|
13'5'' x 8'1'' |
|
Main Level |
Bedroom |
|
|
12'2'' x 7'3'' |
|
Main Level |
Bedroom |
|
|
18'2'' x 13'5'' |
https://www.realtor.ca/real-estate/29187967/4743-ryerson-crescent-niagara-falls