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4865 ARMOURY STREET, Niagara Falls (Cherrywood) — listed at $579,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Great Investment Opportunity! Welcome to 4865 Armoury St. This vacant 3 unit home has great earning potential with one 3 bedroom and two spacious 1 bedroom apartments, allowing you to set your own rent! It also has basement finishing potential with a separate basement entrance. Within minutes to The Falls and the tourist area, schools, shops, restaurants and much more! Tons of character with bright new windows (2021) & beautiful floors (2021)New Roof (2019), Basement Waterproofing (2017). Spacious first floor unit with very large concrete porch for tenants. The second floor unit consists of a very spacious 1 BR and includes a large balcony. Walking up to the 3rd unit you will be met with another 1 bedroom loft style apartment. Huge private backyard as well as parking for 3+. With a little bit of work this property could bring great returns! (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Ground level | 4.877 x 4.445 meters |
| Bathroom | Second level | 1.818 x 2.179 meters |
| Kitchen | Second level | 3.903 x 3.068 meters |
| Living room | Third level | 3.861 x 3.632 meters |
| Bedroom | Third level | 4.242 x 2.438 meters |
| Kitchen | Third level | 4.166 x 2.464 meters |
| Bathroom | Third level | 2.54 x 2.159 meters |
| Kitchen | Ground level | 3.378 x 3.937 meters |
| Dining room | Ground level | 3.302 x 3.454 meters |
| Bedroom | Ground level | 3.302 x 3.759 meters |
| Bedroom 2 | Ground level | 2.591 x 3.378 meters |
| Bedroom 3 | Ground level | 2.438 x 3.454 meters |
| Bathroom | Ground level | 2.515 x 1.829 meters |
| Foyer | Ground level | 3.505 x 2.794 meters |
| Bedroom | Second level | 3.682 x 3.468 meters |
| Bedroom 2 | Second level | 4.884 x 3.068 meters |
What's the parking situation?+
This property includes 2 spaces — No Garage.
Is 4865 ARMOURY STREET a good fit for a growing family?+
With 6 bedrooms and 3 bathrooms, there's room for kids plus a guest room or home office. The 2.5-storey layout keeps living and sleeping areas separated.
Does it have a basement, and is it finished?+
Yes — Unfinished, N/A. A finished basement adds meaningful living space beyond the listed square footage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $4,237.71, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Is this a good starter home?+
At $579,000, this is priced in starter-home territory for Niagara Falls (Cherrywood). With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
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