6437 – 6423 Barker Street, Niagara Falls ON L2G 1Y6

$ 1,249,999
6437 - 6423 Barker Street, Niagara Falls ON L2G 1Y6,
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Overview

  • Updated On:
  • October 9, 2024
  • 4 Bedrooms
  • 3 Bathrooms
  • 1,552 ft2

Description

Outstanding investment opportunity! Offering two homes on a large lot w/a severable portion and pre-approved drawings for a third home, this property is a dream come true for investors or multi-generational families. The prime location, flexible living arrangements, and development potential make this property an opportunity in today’s market. House 1 is a versatile, income-generating powerhouse w/three distinct units, each designed to offer privacy & comfort: Unit 1: 2 beds, 1 bath—ideal for small families or young professionals. Unit 2: 2 beds, 2 baths—perfect for larger families or roommates seeking spacious living.
Unit 3: A cozy studio apartment—great for single occupants. Each is self-sufficient w/its own washer & dryer, providing the convenience of in-unit laundry. There’s also the potential to add a fourth unit in the bsmt, further increasing rental income. Two of the units are already tenanted, offering a steady cash flow, while one remains vacant. House 2 is a spacious single-family home that offers 4 bedrooms, 2½ bathrooms—a large, comfortable living space for growing families A potential in-law suite—perfect for multi-generational living or additional rental income
This house is currently tenanted, offering immediate income. The flexibility of month-to-month leases across both homes gives you the freedom to adjust rental terms as needed or take advantage of the vacancy for personal use. The severable lot comes complete w/approved drawings for a third home. This allows you to either expand your rental portfolio, develop and sell the additional home, or enjoy the flexibility of a custom-built property to meet your future needs. Nestled in a family-friendly neighborhood, the property is within walking distance of some of Niagara Falls’ top schools, making it attractive to families seeking long-term rentals. For entertainment and tourism, you’re just minutes from the Casino and Clifton Hill.

Address: 6437 - 6423 Barker Street, Niagara Falls ON L2G 1Y6
State/County:
Zip: L2G 1Y6
Country: CA
Open In Google Maps
Property Id : 2183800
Price: $ 1,249,999
Property Size: 1,552 ft2
Bedrooms: 4
Bathrooms: 3
Other Features
Dishwasher
Dryer
Has Garage
Has Heating System
Open Parking
Other
Refrigerator
Stove
Washer
$ 4,846.49
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,846.49

Mazher Latif

Real Estate Agent
Member of: Cityscape Real Estate Ltd., Brokerage

Contact Me

Schedule a showing?
Call +1 (519) 209-6934 WhatsApp

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Mazher Latif