7226 Alex Avenue, Niagara Falls, ON
Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of 217 - Arad/Fallsview. Expertly crafted featuring premium brick and shingle construction, this residence presents an exceptional opportunity offered at $1,299,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 9 Bedrooms and 6 Bathrooms with 3 functional kitchens
- Generous living space spanning 3500-5000 sqft on a premium 81 x 100 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Separate Heating Controls
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Rare opportunity to own a purpose-built triplex featuring three spacious townhome-style units on one property. Each unit offers 3 bedrooms, 1.5 bathrooms, and a finished basement, providing comfortable and functional living space with excellent tenant appeal. This income-producing property features separately metered hydro, gas, and water for each unit, offering convenience and simplified utility management. The property also includes 4 parking spaces. Currently, two units are tenanted, generating immediate rental income, while one vacant unit provides the flexibility to set market rent or move in yourself. Ideally located just minutes from major highway, The Falls, grocery stores, shopping, restaurants, and other everyday amenities, this property combines convenience with exceptional investment potential. Whether you're looking to expand your investment portfolio or purchase a property with exceptional income potential, this well-maintained triplex offers strong cash flow, flexibility, and long-term value. Some of the property photos has virtual staging.
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Property Summary
This triplex located at 7226 Alex Avenue, Niagara Falls is currently for sale and has been available on SousaSells for 2 days. This property is listed at $1,299,000 with an estimated mortgage of $4,324* per month. It has 9 beds, 6 bathrooms, and is 3500-5000 square feet. 7226 Alex Avenue, Niagara Falls is in the 217 - Arad/Fallsview neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 7226 Alex Avenue, Niagara Falls, ON L2G 7K4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Niagara Falls, ON
For a property listed at $1,299,000 in Niagara Falls, the legal minimum down payment is $259,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $22,455 for this transaction. As this listing is in Niagara Falls (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $22,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.