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Chippawa, Niagara Falls, Ontario L2G 6B8
Welcome to this versatile commercial/residential property offering endless possibilities for investors, entrepreneurs or multi-generational families! Currently configured as two residential units, this property presents exciting potential for conversion into a three-unit income property. The main floor features a 1-bedroom residential unit plus an additional space, formerly used as a storefront, offering the opportunity to create a second main-floor residential unit (subject to approvals). The upper level boasts a spacious, well-maintained 3-bedroom apartment with plenty of natural light and comfortable living space.Adding even more value is the impressive 30' x 25' heated garage/workshop at the rear, featuring a radiant gas tube heater, 60 AMP electrical service, 12-foot ceilings and two overhead doors (9' x 9' and 9' wide). An additional 14.6' x 25' storage room provides excellent space for equipment, inventory or extra storage.Situated on a generous lot along a main artery in the heart of Chippawa, this property enjoys a fantastic location just steps from the Welland River (affectionately known as "The Crick"), a nearby boat launch and the charming downtown square. Whether you're looking to live in one unit while generating rental income, expand your investment portfolio, operate a business, or explore the potential for a triplex conversion, this property offers exceptional flexibility and opportunity. A rare chance to own a property with so many possibilities in this sought-after Chippawa location!
Buy/Sell history for 4020 Main St, Niagara Falls, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $669,000 | N/A | For Sale | X14168832 |
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
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Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Province of Ontario open data
Province of Ontario open data
Province of Ontario open data · Provincial and municipal trail maps
Province of Ontario open data · Government of Canada open data
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Monthly Payment
$3,067
Total monthly payment
$3,409
Break-even down payment
100%
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$669,000
$669,000
CAD
Estimated market value
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