Lundy's Lane Apartment Buildings for Sale

Multifamily in Lundy's Lane available for sale

Apartment Buildings for Sale Within 5 kilometers of Lundy's Lane

4553 Ferguson St

Niagara Falls, ON L2E 2Y7

Multifamily for Sale
$875,000 CAD
2,685 SF

Niagara Falls Multifamily for Sale - Southern GGH

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.

Contact:

eXp Realty

Property Subtype:

Apartment

Date on Market:

2025-10-27

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5587-5637 Mcleod Rd

Niagara Falls, ON L2G 3E4

Multifamily for Sale
$6,500,000 CAD
83,372 SF

Controlled Access

Niagara Falls Multifamily for Sale - Southern GGH

Walk to the Falls from the Fallsview, a boutique mid-rise Site plan approved 70 unit condominium apartment building located in the Montrose Junction in Niagara Falls. Planned building will be 8 storeys with a GFA of 83,372 and 100 parking spots. The Montrose area is in the heart of Niagara Falls. This exciting new build will have immediate access to the falls, 2 casinos, the entertainment district, over 85 wineries and 40 private and public golf courses for its residents. Easy access to the Niagara Square Shopping Mall , the QEW and the US border. Also situated very close to the new South Niagara Hospital which is currently under construction. All reports, studies, and approvals available for review.