4563 Ryerson Cres, Downtown, Niagara Falls, Ontario

$650,000
New

MLS® Number: X12895594

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Key Facts

Bedrooms

2

Bathrooms

3

Square Feet

1100-1500

Property Type

Detached

Style

2 1/2 Storey

Parking Spaces

4

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Description

Prime Downtown Niagara Falls - Fully Permitted Duplex with Approved Plans. Exceptional duplex with all municipal permits in place, located in the heart of Niagara Falls, just minutes from downtown, parks, schools, and transit. Steps from the University of Niagara Falls Canada, ideal for strong student rental demand. The exterior has been fully redone with stucco, and high-end upgrades include updated plumbing, furnace, front and rear doors, front porch, covered back deck, fence, freshly sodded driveway, hardwood flooring in both units, and LED pot-lighting. This turnkey investment features two self-contained units with separate entrances, separate laundry areas, and potential for individual utility metering. The main floor unit offers a modern open-concept kitchen with stainless steel appliances, granite countertops, and a breakfast bar with peninsula, seamlessly connected to dining and living areas. It enjoys private use of the rear deck, backyard, and partially finished basement with high ceilings, offering potential for additional living space. The upper unit is a multi-level suite spanning the second floor and finished attic, with generous living space, two fully private bathrooms, and flexible sleeping arrangements ideal for professionals or students. Recent improvements include updated HVAC systems verified by BCIN-certified professionals and mechanical ventilation meeting current OBC standards. Additional features include driveway parking for four vehicles, Residential Two Zone designation, and a 36-amp EV charging cable ready for use. With the Building Permit issued in January 2025, all architectural, zoning, and mechanical approvals are in place; final inspection is pending. A rare opportunity to secure a fully permitted legal duplex in one of Niagara's most demand-driven rental markets-perfect for investors seeking positive cash flow or owner-occupiers looking to offset their mortgage.

Listing History

DatePriceStatus
over 1 year ago$714,000Ter

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