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210 - Downtown, Niagara Falls
$1,049,000
Fully renovated 4-UNIT residential building featuring a detached double-car garage and ample on-site parking. An excellent opportunity to enhance your real estate investment portfolio, 5448 Hamilton Street offers approximately 2,894 square feet of finished living space, comprising two 2-bedroom units and two 1-bedroom units, all updated with modern interior finishes .Significant capital improvements were completed in 2022, including the furnace, air conditioning, hot water tank, roof, and full electrical system upgrade. The property also features coin-operated laundry for additional income. Each unit is self-contained with separate hydro meters and individual electrical panels, ensuring convenience and cost efficiency for both owner and tenants. The property generates a strong annual rental income of $85,200 (as of 2025) and is fully tenanted with high-quality occupants willing to remain long term. Ideally located close to grocery stores, banking, parks, QEW access, and the Niagara Falls tourist district, this turnkey investment offers both stability and growth potential.
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | Not available |
| Size | 2500-3000 sq. ft. |
| Property Tax | $3,624 |
| Lot Size | 76 ft x 110 ft |
| mls© Number | X13020920 |
| Listed By | OLYMPIA REALTY INCORPORATED |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,369
- Property tax
- $302
- Heat allowance
- $150
- Housing costs
- $5,821 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$179,000
gross annual household income
- Payment at 4%
- $4,414 / mo
- Cash down
- $209,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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