Realtyna\MlsOnTheFly\Components\CloudPost\SubComponents\RFClient\SDK\RF\Entities\RFProperty {#12909 +post_id: "344008" +post_author: 1 +"ListingKey": "X12155250" +"ListingId": "X12155250" +"PropertyType": "Commercial" +"PropertySubType": "Investment" +"StandardStatus": "Active" +"ModificationTimestamp": "2025-05-16T20:16:39Z" +"RFModificationTimestamp": "2025-05-17T02:11:28.998795+00:00" +"ListPrice": 1100000.0 +"BathroomsTotalInteger": 0 +"BathroomsHalf": 0 +"BedroomsTotal": 0 +"LotSizeArea": 0 +"LivingArea": 0 +"BuildingAreaTotal": 10031.0 +"City": "Perth" +"PostalCode": "K7H 1J3" +"UnparsedAddress": "100 Gore Street, Perth, ON K7H 1J3" +"Coordinates": array:2 [ 0 => -76.2481502 1 => 44.8986112 ] +"Latitude": 44.8986112 +"Longitude": -76.2481502 +"YearBuilt": 0 +"InternetAddressDisplayYN": true +"FeedTypes": "IDX" +"ListOfficeName": "RE/MAX HALLMARK LAFONTAINE REALTY" +"OriginatingSystemName": "TRREB" +"PublicRemarks": "Welcome to an opportunity of a lifetime in picturesque downtown Perth on the waterfront along the Tay River! No other real estate opportunities quite like this one! On September 13, 2023, the 1827 Wine & Cheese Lounge opened, providing an elevated experience for the most refined of taste in one of the loveliest communities in the region. This extensively renovated mixed use triplex offers so much to a potential purchaser. You could take over operations of the lounge, you could create your own vision for the space or you can simply invest to add to your real estate portfolio. Over $150,000 in renovations have taken place since June of 2022. Improvements were made to the structure, electrical and plumbing systems as well as to the decor of the main floor space. The fully equipped kitchen has everything a chef needs to create gastronomic wonders and the equipment could be part of the package for a potential purchaser. Customers can enjoy the scenic views of the river from the deck. There are two apartments on the second floor to add to your revenue stream or to act as living quarters for an owner operator. The two bedroom apartment is currently rented for $1590 per month plus hydro. The three bedroom apartment is currently vacant, being repainted and would rent for close to $1750 (plus hydro) and maybe more. The parking lot can accommodate 10 cars. This building has it all, is turnkey and is in a beautiful location! Come and walk the property and its gardens to see for yourself. If visiting the restaurant, please be discreet as the staff may or may not know that the property is for sale. Come see!" +"BasementYN": true +"BuildingAreaUnits": "Square Feet" +"BusinessName": "```" +"BusinessType": array:1 [ 0 => "Apts - 2 To 5 Units" ] +"CityRegion": "907 - Perth" +"CoListOfficeName": "RE/MAX HALLMARK LAFONTAINE REALTY" +"CoListOfficePhone": "613-663-2720" +"Cooling": "Partial" +"Country": "CA" +"CountyOrParish": "Lanark" +"CreationDate": "2025-05-16T23:09:43.522736+00:00" +"CrossStreet": "Gore St E and Mill St" +"Directions": "Highway 7 to Wilson St W to North St to Gore St E" +"ElectricExpense": 5128.69 +"ExpirationDate": "2025-11-14" +"InsuranceExpense": 8511.48 +"RFTransactionType": "For Sale" +"InternetEntireListingDisplayYN": true +"ListAOR": "OREB" +"ListingContractDate": "2025-05-16" +"LotSizeSource": "MPAC" +"MainOfficeKey": "505300" +"MajorChangeTimestamp": "2025-05-16T20:16:39Z" +"MlsStatus": "New" +"NetOperatingIncome": 52705.8 +"OccupantType": "Owner+Tenant" +"OperatingExpense": "29374.2" +"OriginalEntryTimestamp": "2025-05-16T20:16:39Z" +"OriginalListPrice": 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Description
Located just steps from the Niagara River, Niagara Falls U, Clifton Hill and the GO Station, this fully remodelled multi-family property is an investors dream! Boasting a strong 6.75% cap rate and over $67,000 in annual income, this turn-key opportunity is perfect for those looking for immediate cash flow and long-term appreciation. This LEGAL 4-plex features four (above grade) fully self-contained units! Each unit is updated throughout with modern finishes and the lower level is finished with common laundry area maximizing tenant appeal and rental income potential! With strong rental demand, a prime location, and no additional work needed, this property is a rare find in the multi-family market. Ample parking for all tenants, and R5 zoning for future development use. Connect today to add this impressive asset to your investment portfolio!
Details
MLS® Number
X12027557
X12027557
Property Size
2390 Sqft
2390 Sqft
Additional details
- Utilities: Yes
- Cooling: No
- County: Niagara
- Property Type: Commercial Sale
- Community Features: Major Highway,Public Transit
Address
- Address 4768 CRYSLER Avenue
- City Niagara Falls
- State/county ON
- Zip/Postal Code L2E 3W1
- Country CA