$1,199,000 - 8006 Norton Street, Niagara Falls
Multi-Family for Sale in Niagara Falls
Neighbourhood: 223 - Chippawa
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- MLS Number
- X13769270
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 27
- Bedrooms
- 14
- Bathrooms
- 9
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Niagara Falls
- Taxes (2025)
- $9,645
- Listing Brokerage
- RE/MAX REALTY SERVICES INC.
***Triplex*** Mixed Use / Residential / Commercial - Hard To Find 3 Separate Self Contained Apartments, All 3 Bedrooms Each, *** 3 Separate Furnaces / 3 AC Units/ 3 Hot Water Tanks"Owned"/ 3 Gas Meter / 3 Hydro Meter *** Handicap, Wheel Chair Drive-Up Access, From Front Yard to the Main Floor Apartment" {{{ Too Much To Mention , Must View Virtual Tour , Pictures &Drone Shots }}}incredible 11-bedroom, 8.5-bathroom property offering exceptional Also Zoned TC( Tourist Commercial ), This unique property is ideally suited for a variety of possibilities,including Bed & Breakfast Licensed and Operate here for over 2 Decades, Continuous use is a BigPlus. Airbnb, Daycare, Multi-Generational living, long-term rental,& The List Goes On & On.Applicable approvals. each with its own Ensuite. A commercial-style kitchen. Hardwood and Ceramic-tile flooring throughout. With 3 kitchens, multiple living areas, 11 bedrooms, 8.5bathrooms, and parking for 6+ vehicles, this property presents a rare opportunity for investors, entrepreneurs, or large families seeking space, flexibility, and multiple income possibilities in a high-demand tourist destination. A truly unique property with endless potential-don't miss this exceptional opportunity!*** Main Floor ***unit #1 *** 3 bedrooms, 3 En-suite bathroom ,1 Commercial Kitchen Handicap WheelChair Access, to Den, Balcony & Yard 3 Separate Entrances to this Unit. *** Unit # 2*** / 2nd Floor, 3 Bedrooms , 3 Bathrooms, 1 Kitchen. *** Unit #3 Lower Level, 2 Bedrooms , 2 Bathrooms, 1 Kitchen.This is a unique 3 separate unit, mixed multi use, live and operate your business, of your choice here. Please find attached list that zoning allowed. 3 separate apartment, 3 gas meters,3 hydrometer, 3 furnaces, 3 Air conditioners (all owned), 5 separate entrances, 6 parking spots,2 assigned to each unit. Just can't get any better than this prime location, prime investment opportunity {{{Must See virtual tour , Pictures and Airial / Drone Views }}}
Estimate your monthly payments for this property
Estimated Payment
$5,303.58/mo
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 223 - Chippawa
223 - Chippawa 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 223 - Chippawa
- •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
223 - Chippawa 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.
8006 Norton 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 $400/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 27 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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 14 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.
Bathroom Count Matters
With 9 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
About 223 - Chippawa
I know 223 - Chippawa 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.