$699,000

Investment For Sale In Drummond / Victoria, Niagara Falls, Ontario

$699,000

Property Information:

Prime Investment Opportunity in a Highly Sought-After Location! Discover this exceptionally well-located investment property, perfectly positioned near the vibrant Lundy's Lane tourist area. Enjoy the convenience of being close to popular restaurants, shopping centers, public transit, schools, parks, and major tourist destinations, with easy highway access. This property is zoned R2 and offers a versatile duplex setup with an additional 2-bedroom suite in the basement. Each unit features 2 bedrooms and private entrances, providing comfort and privacy for all occupants. The property is fully occupied, month-to-month tenants. Tenants pay their own hydro, with three separate hydro meters in place. Rent for the main floor unit includes heat, water, and internet, adding extra value. Maximize your investment potential with the detached double garage, Previously leased as a workshop or storage space, it comes equipped with a separate panel that can be reconnected to the hydro meter, along with water and sewer pipes that are currently capped off. Additional features include a partially fenced yard and a storage shed behind the garage. This property is available immediately with tenants in place, offering an excellent opportunity for savvy investors to make the most of their investment dollars. Don't miss out on this fantastic property in a prime location!

Inclusions: Carbon Monoxide Detector,Smoke Detector

Building Features:

  • Floor Space: 2018 Square Feet

Property Features:

  • Bedrooms: 6
  • Acres Range: < 0.5
  • Basement: Separate Entrance, Full, Partially Finished
  • Built in: 1910
  • Construction Materials: Other
  • Cooling: None
  • Driveway Parking: Private Drive Double Wide
  • Exterior Features: Private Entrance, Separate Hydro Meters
  • Floor Space (approx): 2018 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Separate Hydro Meters
  • Laundry Features: In-Suite
  • Lot Depth: 130.76 Feet
  • Lot Features: Rectangular, Business Centre, Highway Access, Park, Public Transit, School Bus Route, Schools, Shopping Nearby
  • Lot Frontage: 50.00 Feet
  • Other Structures: Shed(s)
  • Parking Features: Detached Garage
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector, Smoke Detector, Carbon Monoxide Detector(s), Other
  • Water Source: Municipal
  • Zoning: R2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 5

Courtesy of: RE/MAX NIAGARA REALTY LTD, BROKERAGE

Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4
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