4394 ELLIS Street, Niagara Falls, ON L2E 1H4
210 - Downtown, Niagara Falls · Near On the corner of Ellis St and Ontario Ave. · View map
About this home
If you are looking to scale your portfolio with a highly efficient, hands-off asset, this prime four-unit building in Niagara Falls is engineered for immediate performance. Perfectly positioned within walking distance to Downtown, local parks, and premier amenities, the property is situated exactly where high-quality tenants want to be. Comprising one spacious two-bedroom and three one-bedroom units, the building offers a versatile and highly rentable mix tailored to the local market.This investment perfectly balances immediate cash flow with an effortless value-add play: three of the units are already fully renovated and tenant-ready, leaving just one remaining unit as a clean slate for you to finish, customize, and set your own premium market rent. Designed for low-touch, highly profitable management, the building is fully split-metered so tenants pay their own gas and hydro directly, shielding your bottom line from utility fluctuations. With a newer roof minimizing near-term capital expenditures and coin-operated laundry in the large lower level providing an effortless secondary income stream, this is a rare, straightforward buy-and-hold opportunity. Secure this high-upside, cash-flowing piece of Niagara's growth before the market reacts.
The home
- Type
- Investment
- Square footage
- 2693 sq ft
- Bedrooms
- 5
- Lot size
- 50 x 90 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Baseboard
Garage & parking
- Driveway spaces
- 4
- Total parking
- 4
Taxes & other
- Property taxes
- $4,777/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Immediate
- Cross street
- On the corner of Ellis St and Ontario Ave.
- Neighbourhood
- 210 - Downtown
More
- MLS® number
- X13663216
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
4394 ELLIS Street, Niagara Falls, ON L2E 1H4
210 - Downtown, Niagara Falls · Near On the corner of Ellis St and Ontario Ave.
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Listing history for 4394 ELLIS Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 4394 ELLIS Street
Answers come straight from this home’s MLS® listing.
How much is 4394 ELLIS Street listed for, and what would it cost each month?
4394 ELLIS Street is listed for $599,900. With 20% down ($119,980), the mortgage payment would be roughly $2,420 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,818 a month, all in. That figure is an illustration, not a quote.
Is 4394 ELLIS Street freehold or a condo, and is there a monthly fee?
4394 ELLIS Street is a investment in 210 - Downtown, Niagara Falls. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 4394 ELLIS Street have?
4394 ELLIS Street has 5 bedrooms.
Does 4394 ELLIS Street have a garage and parking?
The listing does not show a garage. The driveway adds 4 spaces. In total the listing counts 4 parking spaces.
What style of home is 4394 ELLIS Street?
4394 ELLIS Street is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 4394 ELLIS Street, and what is the lot size?
The lot is listed as 50 x 90 ft.
How is 4394 ELLIS Street heated and cooled?
Heating is baseboard (gas). The listing does not show air conditioning.
What are the property taxes for 4394 ELLIS Street?
Property taxes are $4,777 a year (2025), or about $398 a month.
Where is 4394 ELLIS Street?
4394 ELLIS Street is in the 210 - Downtown community of Niagara Falls. The nearest main intersection is On the corner of Ellis St and Ontario Ave.. The postal code is L2E 1H4.
Is 4394 ELLIS Street still for sale?
Yes. It is an active listing (MLS® X13663216). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 4394 ELLIS Street asking?
Similar properties for sale nearby right now include 5002 Victoria Avenue at $649,000, 4872 Victoria Avenue at $699,000 and 4454 Huron Street at $445,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 4394 ELLIS Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 4394 ELLIS Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near 210 - Downtown, picked by style, size and price.
Store w apt / office$649,0005002 Victoria Avenue, Niagara Falls210 - DowntownCourtesy of: CENTURY 21 HERITAGE GROUP LTD.View home →
Commercial retail$699,0004872 Victoria Avenue, Niagara Falls210 - DowntownCourtesy of: RIGHT AT HOME REALTYView home →
Investment$445,0004454 Huron Street, Niagara Falls3 bath · 210 - DowntownCourtesy of: RE/MAX NIAGARA REALTY LTD, BROKERAGEView home →Courtesy of: REAL BROKER ONTARIO LTD.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. 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.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.