Rare investment opportunity situated directly across from the Chippawa Creek, this 9-unit building boasts incredible waterfront proximity withadded potential to lease the land across the street for a dock or other value-enhancing features. With Tourist Commercial (TC) zoning, the property supports a wide range of uses including long-term rentals, short-term Airbnb stays, or a hybrid model, making it ideal for savvy investors.The building includes six 1-bedroom units with scenic water views, two 2-bedroom units at the rear, and one bachelor suite in the basement, all sharing a common laundry and storage area. Seven units and common areas have already been demo'd, cleaned, and fully rewired,with updated emergency lighting, a new backflow valve, and front cleanouts installed. A two-year-old roof adds peace of mind. Remaining workincludes general interior finishes and final touches, with the building nearing the final stages of revitalization. Whether you're looking to reposition the property as a premium rental offering or capitalize on the area's strong short-term rental demand, this location offers exceptional flexibility, waterfront charm, and long-term upside.
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
3-Storey
Total Approx Floor Area:
5000 +
Depth:
165'50.3 m
Frontage:
60'18.3 m
Lot Shape:
Rectangular
Direction Faces:
North
Bedrooms:
10
Bathrooms:
9.0
Water supply:
Municipal
Kitchens:
9
Bedrooms Above Grade:
10
Kitchens Above Grade:
9
Rooms Above Grade:
45
Zoning:
TC
Heating type:
Radiant
Heating Fuel:
Gas
Foundation:
Block
Roof:
Flat
Basement:
Finished with Walk-Out
Fireplace/Stove:
No
Alternative Power:
Unknown
Garage:
None
Garage Spaces:
0.0
Parking Features:
Unreserved, Available
Parking Spaces:
9
Total Parking Spaces:
9.0
Family Room:
No
Pool:
None
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Taxes:
$20,966 /
2025
Assessment:
$- /
2025
Niagara Falls
223 - Chippawa
Niagara
Campground, Golf, Lake Access, Marina, School, Waterfront
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