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CAONNiagara FallsRyerson4446 Morrison St
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4446 Morrison St, Niagara Falls, ON

House

For Sale

Listed price in listed location currency (CAD).
$629,000

000

MLS® X12893760

  • Key Facts
  • Description
  • Map

Key Facts

Type Residential Land
Levels Residential
Size -
Garage 
Taxes 
Days Active 25
Lot Size 
Approx. Age 
MLS® Number X12893760

Property Address: 4446 Morrison St, Niagara Falls, ON, L2E2B3

Average square foot calculated using Size range provided by listing agent.

Description

Rare Permit-Ready Multifamily Development Opportunity in a prime location within walking distance to Niagara University, City buildings, the new GO Transit station, and the international bridge to the USA.Fully approved site plan with building permit ready for construction of a six-unit residential rental project consisting of two semi-detached buildings. Each building includes three spacious three-bedroom units, including basement apartments, designed to meet strong and growing demand for larger family-oriented rental housing.The property benefits from a demolition permit already issued, which may result in reduced development charges compared to a typical new build. In addition, recent federal housing initiatives regarding HST on new residential construction may provide further financial advantages for qualified projects. Buyers are encouraged to conduct their own due diligence to fully understand applicable incentives, exemptions, and cost savings.Based on market rental estimates of approximately $2, 200 per unit per month, the completed project may achieve gross annual rental income of approximately $158, 400. Using standard vacancy and operating assumptions, the project presents the potential for strong long-term rental performance once stabilized.This offering presents an excellent opportunity for investors or developers seeking a small-scale multifamily project with approvals already in place, significantly reducing development timelines, entitlement risk, and potentially lowering overall development costs.A rare chance to acquire a fully entitled six-unit rental development in a high-demand and rapidly evolving area.
MLS® NumberX12893760
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
-End Date
Not Sold YetSold Price

For Sale

Mar 17, 2026List Date
$629,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
4446 Morrison St, Niagara Falls, ON

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