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Listed price in listed location currency (CAD).
$629,000

000

MLS® X12893760

  • Key Facts
  • Description
  • Map

Key Facts

Type Residential Land
Levels Residential
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 0
Approx. Age 
MLS® Number X12893760

Property Address: 4446 Morrison St, Niagara Falls, ON, L2E2B3

Average square foot calculated using Size range provided by listing agent.

Description

Rare Permit-Ready Multifamily Development Opportunity.Fully approved site plan with building permit ready for construction of a six-unit residential rental project consisting of two semi-detached buildings. Each building includes three spacious three-bedroom units, including basement apartments, designed to meet strong rental demand for larger family-oriented units.The approved development offers an excellent opportunity for investors or developers seeking a small-scale multifamily project with approvals already in place, significantly reducing development timelines and entitlement risk.Based on market rental estimates of approximately $2, 200 per unit per month, the completed project may achieve gross annual rental income of approximately $158, 400. Using standard vacancy and operating assumptions, the project presents the potential for strong long-term rental performance once stabilized. Buyers are advised to conduct their own due diligence regarding rents, operating costs, construction costs, and development feasibility.This is a unique opportunity to acquire a fully entitled six-unit rental development in a growing market with strong demand for larger rental units.
MLS® NumberX12893760
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 17, 2026List Date
$629,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
4446 Morrison St, Niagara Falls, ON

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