Attention investors and large families! This fully renovated 2.5 storey income property is located on a spacious corner lot just a short walk from Niagara Falls, Clifton Hill, and the vibrant tourist corridor, offering exceptional rental demand and strong cash flow. With 9 total bedrooms, 2 bathrooms, two full kitchens, and several additional versatile rooms, this property is an outstanding turnkey opportunity with a proven income stream. One unit is currently rented for $3000 monthly, while the second was previously rented for $2950 plus parking, offering potential for over a 6 percent cap rate. Extensively updated, the home features new furnace and A/C, updated electrical, new plumbing, new siding, new roof, and completely renovated kitchens with new flooring and modern appliances, including dedicated laundry for each unit. All bathrooms have been refreshed, including a fully remodeled basement bathroom. Outside, enjoy a new pool liner and filter, an oversized deck for entertaining, ample parking, and a two-car garage. Ideally positioned near schools, highway access, shopping, and the city's top attractions, this property suits investors seeking a high performing rental or student housing option with minimal effort required. A rare chance to secure a large, modernized property in one of Niagara's strongest rental areas.
Address
4743 Ryerson Crescent
List Price
$839,000
MLS® Status
New
Expiration Date
2026-06-08
Property Type
Residential Freehold
Type of Dwelling
Duplex
Style of Home
2 1/2 Storey
Transaction Type
Sale
Area
Niagara Falls
Sub-Area
210 - Downtown
Region
Niagara
Bedrooms
7 + 2
Bedrooms (Total)
9
Rooms Above Grade
8
Rooms Below Grade
3
Bathrooms
3
Floor Area
2000-2500 Sq. Ft.
Lot Depth
100
Lot Size Range (Acres)
< .50
Lot Size Units
Feet
Lot Width
35
Parcel Number
643370021
Occupant Type
Tenant
Cross Street
Victoria Ave
MLS® Number
X12979582
Listing Brokerage
RE/MAX ESCARPMENT GOLFI REALTY INC.
Basement Area
Finished with Walk-Out
Postal Code
L2E 1E6
Posession Details
FLEXIBLE
Parking
Boulevard, Private
Parking Places (Total)
6
Parking Spaces
4
Tax Amount
$3,510.60
Tax Year
2025
Site Influences
Hospital, Library, Public Transit, School, School Bus Route
Interior Features
Carpet Free, Separate Heating Controls
Property Features
Hospital, Library, Public Transit, School, School Bus Route
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick, Vinyl Siding
Direction Faces
North
Fireplace
No
Foundation Details
Concrete Block
Garage
Yes
Garage Type
Detached
Covered Spaces
2
Kitchens Total
2
Kitchens Above Grade
2
Pool Features
Inground
Roof
Asphalt Shingle
Tax Legal Description
PT LT 77 PL 285 TOWN OF NIAGARA FALLS; PT LT 78 PL 285 TOWN OF NIAGARA FALLS AS IN RO466068 ; NIAGARA FALLS
Waterfront
No
Sewer
Sewer
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Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Bedroom | 5.54 x 4.09 | |
| Main | Bedroom | 3.71 x 2.21 | |
| Main | Bedroom | 4.09 x 2.46 | |
| Main | Bedroom | 3.05 x 3.56 | |
| Main | Bathroom | 4 Pc Bath | |
| Second | Bedroom | 3.71 x 2.69 | |
| Second | Bedroom | 2.54 x 2.9 | |
| Second | Bedroom | 3.07 x 2.16 | |
| Second | Other | 5.89 x 2.87 | |
| Second | Bathroom | 4 Pc Bath | |
| Basement | Bedroom | 3.45 x 3.1 | |
| Basement | Bedroom | 3.45 x 3.1 | |
| Basement | Den | 4.01 x 3.4 | |
| Basement | Bathroom | 4 Pc Bath |