Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of 210 - Downtown. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $699,900 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.
Exceptional Investment Opportunity in the Heart of Niagara Falls! Welcome to 4727-4729 Ferguson Street - a versatile and income-generating property offering a rare combination of residential and potential commercial use. Situated on a generous lot, this unique setup features a fourplex alongside an attached single-family home complete with a double car garage, making it an ideal opportunity for investors or multigenerational living. The fourplex consists of four separate units, one of which is currently operating as a storefront. Zoned residential, this unit can be easily converted into a residential apartment, with a full bathroom already in place-providing added flexibility and future rental income potential. All other units are tenanted, offering immediate revenue, while the storefront unit will be vacant upon possession, allowing for a smooth transition or renovation. The attached home is heated by a forced air furnace and includes central air conditioning for year-round comfort. The fourplex units are heated with water boilers and radiators, delivering efficient and consistent warmth throughout. Several units have been recently renovated, enhancing their appeal and overall rental value. The roof is approximately seven years old, offering peace of mind and reduced maintenance costs. Located in a prime area near downtown Niagara Falls, public transit, and essential amenities, this property presents a compelling opportunity for steady cash flow and long-term appreciation. Whether you're expanding your real estate portfolio or seeking a multi-unit property with strong upside, 4727-4729 Ferguson Street is a must-see.
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Data-driven valuation for 4727-4729 Ferguson Street, Niagara Falls, ON L2E 2Z4
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About Purchasing a Home in Niagara Falls, ON
For a property listed at $699,900 in Niagara Falls, the legal minimum down payment is $44,990 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 $10,473 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 $10,473.
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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.