$528,500
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4758 Second Avenue, Niagara Falls (cherrywood), ON L2E4H8

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5 Beds
3 Baths
- Sq Ft

Legal non-conforming triplex with upside, ideally located in the heart of Niagara Falls. It features two two-bedroom units and one bachelor unit, offering flexible living and rental options. This property presents an excellent opportunity for first-time buyers and investors seeking reliable income in a high-demand area. Live in one unit while the others help offset your mortgage, or fully lease the property for steady cash flow. The home is currently priced based on its existing interior finishes and layout, with rent projections reflecting its present livable condition. With cosmetic updates and personal touches, there is strong potential to enhance livability and rental returns. Whether you're an investor pursuing value-add upside or a buyer looking to customize over time, this property offers flexibility and long-term potential. Key upgrades include two separate hydro meters, a NEW furnace, and NEW central air. A majority of windows are NEW, providing improved efficiency and reduced operating costs. 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. With projected gross rents of approximately $46, 800 per year and an estimated net income of $37, 376, this property offers solid cash flow at an accessible price point. Updated mechanicals, separate meters, and a proven rental layout make this a compelling income-producing opportunity in one of Niagara's most active and evolving rental markets. (id:58753)

Listing By: Robby Pruthi - COSMOPOLITAN REALTY cncrea2 Realty.com
  • MLS® X12683850
  • Date Listed01/10/2026
  • Days on Realty 149 Days
  • Bedrooms 5
  • Bathrooms 3 baths
  • Lot Size -
  • Sewer Other
  • Property Type Triplex
  • Water Public

Interior Features

  • Appliances Washer, Refrigerator, Water meter, Stove, Dryer
  • Cooling Central air conditioning
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Carpet Free

Directions

Cross Streets: Morrison Street. ** Directions: From Victoria Ave, go west on Morrison St, then turn north onto Second Ave.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for L2E4H8

Discover key demographics, population statistics, and environmental insights for the Niagara Falls (cherrywood), ON area.

Walkability in ON / L2E4H8

Source: Walk Score

61/100

Somewhat Walkable

Walk Score ®

35/100

Some Transit

Transit Score ®

74/100

Very Bikeable

Bike Score ®

Overview

Some errands can be accomplished on foot. A few nearby public transportation options. Biking is convenient for most trips.

Transit Summary

10 nearby routes: 8 bus, 2 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 40/100, Transit Score: 25/100, Bike Score: 45/100.

Points of Interest near 4758 SECOND AVENUE, Niagara Falls (Cherrywood), ON L2E4H8

Frequently Asked Questions for 4758 SECOND AVENUE

Source: Realty.com

4758 SECOND AVENUE, Niagara Falls (Cherrywood), ON L2E4H8 in Niagara Falls (Cherrywood), ON L2E4H8 is a triplex listed at $528,500. Highlights include 5 bedrooms, 3 bathrooms. Realty.ca has 43 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 43 photos of 4758 SECOND AVENUE.

The full address for this home is 4758 SECOND AVENUE, Niagara Falls (Cherrywood), ON L2E4H8.

4758 SECOND AVENUE has been listed on Realty.com since Sat January 10, 2026

Some errands can be accomplished on foot. A few nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 40/100, Transit Score: 25/100, Bike Score: 45/100.

Listing provided courtesy of: COSMOPOLITAN REALTY
Listing agent: Robby Pruthi

This content last refreshed on 2026-06-08 04:12:11. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.