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4115 MAY Avenue W, Niagara Falls — listed at $469,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Prime Niagara Falls investment and redevelopment opportunity! Located just steps from the Niagara River and Great Wolf Lodge, this updated two storey home offers exceptional flexibility for investors and developers alike. Featuring approximately 1,455 sq. ft. of living space, 3 bedrooms, 2 bathrooms, a partially finished basement, and private driveway parking, the property is currently tenanted, providing immediate rental income for investors. Its desirable location near Niagara's tourism district, casinos, downtown core, Rainbow Bridge, public transit, and major transportation routes makes it an attractive long-term investment in a growing area. Beyond its current income potential, this property also presents a unique long term opportunity. The neighboring property at 4208 Terrace Avenue is available for purchase separately, creating the possibility of a larger land assembly for future redevelopment. Buyers looking to secure a strategic position in one of Niagara Falls' most dynamic growth areas will appreciate the added flexibility and future upside. Whether you're seeking a turnkey investment with an established tenant, a strategic land holding, or a site with future development possibilities, 4115 May Avenue offers exceptional value in a highly desirable location. Buyers are encouraged to conduct their own research regarding zoning, permitted uses, and future development opportunities. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| 3pc Bathroom | Basement | 8'4'' x 9'3'' |
| 4pc Bathroom | Second level | 8'5'' x 5'8'' |
| Bedroom | Second level | 8'4'' x 9'3'' |
| Bedroom | Second level | 12'7'' x 9'1'' |
| Bedroom | Second level | 9'6'' x 12'2'' |
| Living room | Main level | 18'4'' x 12'9'' |
| Dining room | Main level | 11'8'' x 10'8'' |
| Kitchen | Main level | 12'4'' x 16'6'' |
What's the parking situation?+
This property includes 2 spaces — Detached Garage.
This home was built in 1895 — what should I watch for?+
Homes from this era may have original wiring, plumbing, or insulation. Key checks: electrical panel (100 vs 200 amp), roof age, furnace age, and whether the basement has ever had water issues. A thorough home inspection is essential.
Is this a good starter home?+
At $469,900, this is priced in starter-home territory for Niagara Falls. With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $2,240, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
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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