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Executive Summary

Nestled in the desirable Chippawa neighborhood of Niagara Falls, 8800 Willoughby Drive presents a compelling multifamily investment opportunity. This well-maintained, low-rise apartment building comprises 36 residential units across three storeys, offering a diverse suite mix that includes bachelor, one-bedroom, two bedroom, and three-bedroom apartments. The property sits on a generous 1.34-acre site with 200 feet of frontage and 51 parking stalls, ensuring ample space for residents.

Property Facts

Price $8,280,000 CAD
Price Per Unit $230,000 CAD
Sale Type Investment
No. Units 36
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.30 AC
Building Size 35,000 SF
No. Stories 3
Year Built 1965
Parking Ratio 1.43/1,000 SF
Zoning R2 - Residential

Amenities

Site Amenities

  • Controlled Access
  • Recycling
  • Smoke Free
  • Storage Space

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 - 450
1+1 8 - 750
2+1 15 - 850
3+1 12 - 950
Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
  • Listing ID: 35428090

  • Date on Market: 2025-04-09

  • Last Updated:

  • Address: 8800 Willoughby Dr, Niagara Falls, ON L2G 6X8

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