4744 Jepson Street, Niagara Falls

Price: $449,900

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Multi-Family

MLS#: X14095506

Excellent investment opportunity in the heart of Niagara Falls! This two-storey duplex features two self-contained one-bedroom units, each with its own kitchen, living area and bathroom. Currently generating $3,400 in monthly rental income ($40,800 annually), with the main floor rented for $1,900 and the upper unit for $1,500. Recent improvements include updated flooring, kitchens and fresh paint. The property also features a full unfinished basement, private fenced backyard and driveway parking. Conveniently located near shopping, restaurants, public transit, entertainment and the Niagara Falls tourist district. An excellent opportunity to add an income-producing property to your investment portfolio!

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New Listing
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$449,900 - 4744 Jepson Street, Niagara Falls

Multi-Family for Sale in Niagara Falls

New — Listed 4 days ago

Neighbourhood: 210 - Downtown

3Beds
2Baths
1,100 - 1,499Sq Ft
Multi-Family

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Book a private showing with Joe — pick a day and time that works for you.

Property Details
MLS Number
X14095506
Property Type
Multi-Family
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Niagara Falls
Taxes (2026)
$2,932
Listing Brokerage
REVEL Realty Inc., Brokerage
Description

Excellent investment opportunity in the heart of Niagara Falls! This two-storey duplex features two self-contained one-bedroom units, each with its own kitchen, living area and bathroom. Currently generating $3,400 in monthly rental income ($40,800 annually), with the main floor rented for $1,900 and the upper unit for $1,500. Recent improvements include updated flooring, kitchens and fresh paint. The property also features a full unfinished basement, private fenced backyard and driveway parking. Conveniently located near shopping, restaurants, public transit, entertainment and the Niagara Falls tourist district. An excellent opportunity to add an income-producing property to your investment portfolio!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,308.22/mo

Includes CMHC insurance ($12,552)

$
$
5%10%50%

5-yr fixed avg.

Principal: $404,910Interest: $275,004
Mortgage Amount$417,462
Total Interest$275,004
Est. Property Tax$319/mo
Total Cost$692,466

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.

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Neighbourhood Guide: 210 - Downtown

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

4744 Jepson Street, Niagara Falls

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
6.4%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$319
Insurance (est.)-$94
Net Cash Flow+$2,387

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $409/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Niagara Falls's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    4744 Jepson Street, Niagara Falls | $449,900 | Battaglia Team