Triplex in Niagara Falls

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Triplex in Niagara Falls

For Sale $ 528,900
LOCATION: Niagara Falls Ontario Canada
CATEGORY: Commercial Real Estate
INDUSTRY: Apartment Buildings for Sale
LISTING TYPE: Multiplex for Sale | Multi Family Homes for Sale | Triplex for Sale

Legal non-conforming triplex
2 × Two-Bedroom units + 1 × Bachelor unit
Apartments have been fully functional and continuously rented from 2018 through July 2025
Recent updates prior to sale include new flooring, fresh paint, and a majority of new windows
NEW Furnace and central air conditioning
Two separate hydro meters
Additional upside:
- Current projected gross rent: ~$46,800/year
- Potential annual rent: up to $57,600 with light cosmetic improvements

Located minutes from the Tourist District, casinos, GO Train, Niagara University, transit, shopping, and major employment hubs, the area continues to experience strong rental demand. Niagara Falls is also part of a long-term vision to evolve into the "Las Vegas of the North," supported by significant investments in tourism, infrastructure, and entertainment.