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Barak Elihis

barak.elihis@engelvoelkers.com +1(647) 200-2725

$ 699,000

Est. payment -/mo

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Price Dropped by $51K

3536 Bond ST Niagara Falls, ON L2G 6H8

5 Beds

2 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision 223 - Chippawa

MLS Listing ID X12545386

Style 2-Storey

Bedrooms 5

Annual Tax Amount $4,019

Tax Year 2025

Property Sub-Type Duplex

Property Description

Discover your new home in Chippawa-an ideal investment opportunity awaits! Nestled in a charming community, this beautifully renovated duplex is just a short stroll from the serene river and a quick 5-minute drive to the breathtaking Niagara Falls. This property is perfect for both first-time buyers and savvy investors, offering the chance to live in one unit while generating rental income from the other, effectively supplementing your mortgage. If you are an investor, the tenants are both amazing, would love to stay and can show a 5.5% cap rate. The main floor unit boasts 2 large bedrooms, a 4-piece bath, a spacious kitchen, and a bright living room with a sunroom filled with natural light. The upper-level unit features 3 bedrooms, a separate entrance, a 4-piece bath, and a living room that seamlessly transitions into the kitchen and dining area, complete with a walkout balcony perfect for sipping your morning coffee. Enjoy a beautiful partially fenced lot with a detached double car garage and driveway space for at least 6 vehicles. Shared laundry in the basement is accessible to both units, along with two separate storage areas that can be included in leases if desired. The home underwent extensive renovations in 2012/2013, including new flooring, kitchens, baths, wiring, plumbing, windows, a boiler, hot water tank, and roof-ensuring peace of mind for years to come. Both tenants are eager to stay and have proven to be exceptional to work with, currently on monthly tenancies. Don't miss this rare opportunity to own a property that offers both comfort and income potential in an exceptional location. Contact us today to schedule your viewing!

Location

Province ON

County Niagara

Area Niagara

Rooms

Family Room No

Basement Unfinished, Full

Kitchen 2

Interior

Interior Features Primary Bedroom - Main Floor, Storage, Carpet Free, Workbench, Separate Hydro Meter

Cooling None

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Deck, Porch

Parking Features Private Double

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 60.0

Lot Depth 135.0

Total Parking Spaces 8

Building

Building Age 100+

Unit Features Park,Public Transit,School Bus Route,School

Foundation Block

Others

ParcelsYN No

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Barak Elihis

Broker | Manager

+1(647) 200-2725

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