6235 Drummond Road Niagara Falls (Dorchester), Ontario L2G 4M5
$1,499,000
Exceptional mixed-use investment opportunity in one of Niagara Falls' most convenient and sought-after commercial corridors! Ideally situated in a high-visibility, central location just minutes from the Lundy's Lane Tourist District and the Fallsview Casino District, this well-maintained property offers outstanding long-term income potential in a thriving area.The property consists of two buildings with ample on-site parking, offering a total of nine rental units, including three commercial units and six residential apartments. Generating approximately $157,000 in annual gross rental income and offering a cap rate of approximately 7.5%, this is an excellent opportunity for investors seeking strong, reliable returns.One of the property's greatest assets is its exceptional tenant profile. Two of the commercial tenants have successfully operated their businesses here for over five years, while all six residential units are occupied by long-term tenants who take pride in their homes, maintain their units exceptionally well, and have an excellent history of on-time rent payments. Rents are largely in line with today's market, providing immediate, dependable cash flow while offering continued upside. With a stable tenant base and well-maintained buildings, this is truly a minimal-management investment.Ownership has completed numerous capital improvements, including a new electrical panel in Building #2, new owned hot water tanks in Building #1, and a new sewage system servicing Building #2, giving future owners added confidence and reducing the likelihood of major capital expenses.Whether you're expanding an existing portfolio or acquiring your first mixed-use asset, opportunities like this are becoming increasingly rare. A turnkey investment offering strong financial performance, quality tenants, and an unbeatable Niagara Falls location. Please click the links attached to for a full property virtual tour/photos. 1 of the agents will meet you there so it's easy to show. (id:43681)
房源概要
| MLS® Number | X13612460 |
| 房源类型 | Retail |
| 社区名字 | 216 - Dorchester |
| 附近的便利设施 | Highway, 公共交通 |
| 特征 | Irregular Lot Size |
详 情
| 浴室 | 9 |
| 空调 | 全物业配备空调 |
| 供暖方式 | 天然气 |
| 供暖类型 | 压力热风 |
| Size Exterior | 11786.47 Sqft |
| 内部尺寸 | 11786 Sqft |
| 类型 | Residential Commercial Mix |
| 设备间 | 市政供水 |
土地
| 英亩数 | 无 |
| 土地便利设施 | Highway, 公共交通 |
| 土地深度 | 115 Ft |
| 土地宽度 | 119 Ft ,11 In |
| 不规则大小 | Bldg=119.99 X 115 Ft ; Lot Depth N/a As Per Geo |
| 规划描述 | Nc, R1e |
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Niagara Association of REALTORS®
RE/MAX Niagara Realty Ltd, Brokerage
July 28 2026 06:53:19
