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210 - Downtown, Niagara Falls
$1,800,000
9 BEDROOMS, 9 BATHROOMS, STEPS FROM WORLD-FAMOUS NIAGARA FALLS! An incredible estate-style property and turnkey Bed & Breakfast opportunity in the heart of Niagara Falls' tourist district, offering approximately 4,400 sq. ft. of total living space across two separate residences and 9 parking spaces!The impressive main house features 7 bedrooms and 7 ensuite bathrooms, with four bedrooms on the second floor and three on the main floor. A separate detached cottage-style guest house offers another 2 bedrooms and 2 bathrooms, complete with its own kitchen, living room and forced-air heating-creating an ideal setup for private owner's quarters or additional living space.Currently operating as Serenity Inn, the property has earned exceptional guest ratings of 9.9 and 4.9 on Airbnb and is ideally located just a short walk to River Road and a pleasant stroll to the Falls, restaurants, attractions and everything Niagara's world-famous tourist district has to offer.The property has been extensively renovated and updated, including newer flooring, kitchen and bathrooms, updated plumbing and electrical, nearly all newer windows, new hot water heater, engineered structural supports, double-drywall fire protection, updated sprinkler system with yearly inspections completed by Troy Fire, new fencing, improved drainage, waterproofing along the east side of the main house, newer driveway and parking area, deck and sunroom. The main residence features hot water heating with window-unit air conditioning.Very clean, well maintained and truly turnkey, this is a rare opportunity to own a substantial 9-bedroom, 9-bathroom property in one of Canada's most recognizable tourist destinations, with the ability to live and work in the same exceptional location.Property is being offered without existing rental tenancies. Buyer to complete their own due diligence regarding zoning, licensing, permitted use and continuation of any Bed & Breakfast or hospitality operation.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 3500-5000 sq. ft. |
| Property Tax | $8,273 |
| Lot Size | 75 ft x 171 ft |
| mls© Number | X13799952 |
| Listed By | RE/MAX NIAGARA REALTY LTD, BROKERAGE |
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%
- $9,213
- Property tax
- $689
- Heat allowance
- $150
- Housing costs
- $10,053 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$309,000
gross annual household income
- Payment at 4%
- $7,575 / mo
- Cash down
- $360,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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