4299 Second Avenue

Introducing a remarkable opportunity: a Multi-Family Home for sale in Niagara Falls , located at 4299 Second Avenue, Niagara Falls. This impressive 2-storey multiplex is not only spacious but also boasts a prime location in the heart of the Downtown community. With a building age exceeding 100 years, this property is steeped in character and history, offering a unique investment opportunity for those looking to make their mark in this vibrant area.

The layout of this Multi-Family Home for sale in Niagara Falls is designed to accommodate multiple living arrangements. It features a total of seven rooms, including two well-appointed kitchens, making it ideal for families or investors seeking rental income. The front main floor unit comprises one bedroom, a kitchen, and a living room, while the rear unit is more expansive, featuring two to three bedrooms along with its own kitchen and living room area. This configuration allows for versatility in living arrangements, catering to a variety of needs.

Situated at 4299 Second Avenue, Niagara Falls, the property is positioned on a generous lot measuring 34 by 105 feet. The outdoor space includes a detached garage that can accommodate one vehicle, providing convenient parking options. Although the property does not have a pool or a driveway, the ample space allows for potential landscaping or outdoor enhancements to suit your preferences.

As you explore this Multi-Family Home for sale in Niagara Falls, you will notice that the exterior is finished in stucco plaster, giving it a classic and timeless appearance. The building is equipped with forced air heating, ensuring comfort throughout the colder months. While there is no central vacuum system or air conditioning, the property benefits from municipal water and sewer services, providing essential utilities for everyday living.

It's important to note that the basement of the property is currently unfinished, presenting an excellent opportunity for buyers to customise the space to their liking. Whether you envision a recreational area, additional storage, or even more living space, the potential is vast.

The community surrounding 4299 Second Avenue, Niagara Falls, is vibrant and full of life. With the downtown area just a stone's throw away, residents can enjoy easy access to local amenities, shops, and dining options. The location is ideal for those who appreciate the convenience of urban living while still being close to the natural beauty that Niagara Falls is renowned for.

For those considering investment opportunities, this Multi-Family Home for sale in Niagara Falls is an enticing prospect. The recent vacancy of the rear tenant at the end of August opens the door for new rental possibilities, allowing you to set your own terms and conditions for future tenants. With the front unit currently occupied, you can begin generating income immediately while planning for the rear unit.

In summary, 4299 Second Avenue, Niagara Falls, presents a unique chance to own a Multi-Family Home for sale in Niagara Falls that combines historical charm with modern potential. With four bedrooms, two kitchens, and a spacious layout, this property is perfect for families or investors alike. Don’t miss out on this opportunity to acquire a property in a sought-after location, rich with possibilities. Act now to secure your future in this exceptional home.

Downtown Niagara Falls, designated as community 210, is a vibrant and bustling geographic area that serves as the heart of the city. Nestled close to the iconic waterfalls, it offers a unique blend of natural beauty and urban convenience. Residents can enjoy a lively atmosphere filled with shops, restaurants, and cultural attractions, all within walking distance. The area is well-connected by public transport, making it easy to explore the wider region. With its stunning views, recreational opportunities, and a diverse array of amenities, Downtown Niagara Falls presents an appealing option for those seeking a dynamic lifestyle in a picturesque setting.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school is St. Patrick Catholic Elementary School, just 0.6 km away, offering grades K to 8 with a commendable rating of 8. Simcoe Street Public School, located 1.1 km from the property, provides an English-language curriculum for grades JK to 8 and has a solid rating of 7.3. For secondary education, A N Myer Secondary School is 2.5 km away and boasts a rating of 7.4, while Stamford Collegiate, 2.8 km from the property, offers grades 9 to 12 but has a lower rating of 4.7. Additionally, Prince Philip French Immersion Public School, 3.3 km away, offers a French-language program for grades 1 to 8 with a high rating of 8.6. Other nearby Catholic schools include Notre Dame Catholic Elementary School and Our Lady of Mount Carmel Catholic Elementary School, with ratings of 5.5 and 5.2, respectively. Overall, the area is well-served by a variety of public and Catholic schools, catering to different educational needs and preferences.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 426 residents, with an average household size of 2.2. The community is characterized by a median age of 40.2 years and an average household income of $67,500. Notably, 12.8% of the population falls under the low-income category, indicating some economic diversity. The average home price in the area is $410,000, which reflects the local real estate market dynamics. A significant portion of the population, 50.68%, is single, while 45.45% of households include children, suggesting a family-friendly environment. Additionally, 21.33% of residents are immigrants, contributing to the area's cultural diversity. The rental market is modest, with 25% of residents renting their homes, and there are no condominiums available in the area. Educational attainment is relatively high, with 31.25% of residents holding a college or university degree. However, a notable 29.69% of the population is not in the labor force, which may reflect various factors influencing employment status. Overall, this demographic profile indicates a vibrant, diverse community with a mix of families, singles, and a blend of economic backgrounds.