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4553 Ferguson St 4 Unit Apartment Building $875,000 CAD ($218,750 CAD/Unit) 5.40% Cap Rate Niagara Falls, ON L2E 2Y7
Executive Summary
This well-maintained four-unit multi-family building in the heart of Niagara Falls offers a turnkey investment with strong in-place income. Fully tenanted at or near market rents, the property generates immediate cash flow with a 5.4% cap rate at the asking price. Each unit is separately metered for hydro, with tenants responsible for their own utilities, minimizing operating costs. Recent upgrades include a new boiler heating system installed two years ago and a flat roof just over ten years old, both contributing to
reduced near-term capital expenditures. The owner has kept the building in good condition, refreshing units upon turnover to maintain quality and tenant appeal. Situated in a quiet neighborhood, this asset combines low-maintenance operations with long-term value retention, making it an ideal opportunity for
both seasoned investors and those entering the market.
reduced near-term capital expenditures. The owner has kept the building in good condition, refreshing units upon turnover to maintain quality and tenant appeal. Situated in a quiet neighborhood, this asset combines low-maintenance operations with long-term value retention, making it an ideal opportunity for
both seasoned investors and those entering the market.
Property Facts
| Price | $875,000 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $218,750 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.10 AC |
| Cap Rate | 5.40% | Building Size | 2,685 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1942/2015 |
| Property Subtype | Apartment | Parking Ratio | 2.23/1,000 SF |
| Zoning | R2 - The R2 zone is for low-density residential development, including single, semi-detached, duplex, and two-unit converted dwellings | ||
| Price | $875,000 CAD |
| Price Per Unit | $218,750 CAD |
| Sale Type | Investment |
| Cap Rate | 5.40% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 2,685 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1942/2015 |
| Parking Ratio | 2.23/1,000 SF |
| Zoning | R2 - The R2 zone is for low-density residential development, including single, semi-detached, duplex, and two-unit converted dwellings |
Amenities
Unit Amenities
- Refrigerator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+2 | 4 | - | - |
1 1
1 of 2
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4553 Ferguson St
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