$529,900 - 4424 Ellis Street, Niagara Falls
Detached for Sale in Niagara Falls
Neighbourhood: 210 - Downtown
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- MLS Number
- X13755356
- Property Type
- Detached
- Status
- active
- Days on Site
- 29
- Bedrooms
- 6
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Niagara Falls
- Taxes (2025)
- $3,604
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
Whether you're a seasoned investor scouting your next cash-flowing asset or a smart buyer looking to live in one unit while the neighbour helps pay your mortgage, this proeprty is the kind of property that just makes financial sense. Spanning roughly 1,800 sq. ft. of above-grade living space, this full duplex is smart, flexible real estate at its finest. Configured into two light-filled 2-bedroom, 1-bathroom layouts, it pulls in approx. $3,500/month in gross rental income ($1,800/mo + utilities on the lower level, and $1,700/mo + hydro upstairs). Both units feature open-concept living spaces, classic 4-piece baths, and separate electrical meters-giving you a clean operational setup with zero headache. Beyond the numbers, the location does the heavy lifting. Tucked into a central, incredibly walkable pocket of Niagara Falls, your tenants (or you!) are just steps from daily transit routes, local coffee shops, groceries, and neighbourhood dining. You're also only minutes from the world-famous tourist district, Clifton Hill, and the WEGO transit network-making this a magnet for local service-industry professionals who want a fast, effortless commute. Plus, quick access to the QEW and the downtown core means you're perfectly plugged into the region's broader economic growth. Solid income today, endless flexibility tomorrow, and a location tenants actually want to stay in.
Estimate your monthly payments for this property
Estimated Payment
$2,718.66/mo
Includes CMHC insurance ($14,784)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover 210 - Downtown
210 - Downtown is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in 210 - Downtown
- •Convenient location in Niagara Falls
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
210 - Downtown offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
4424 Ellis Street, Niagara Falls
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $353/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 29 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Niagara Falls are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Niagara Falls.
About 210 - Downtown
I know 210 - Downtown well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Niagara Falls properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,208 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.