Investment alert! Detached 1.5-storey home in the Downtown core being converted to a legal duplex. Prime location walking distance to University of Niagara Falls Canada, schools, parks,and transit-ideal for high rental demand. 2025 building permit issued with final inspections pending. Configured as two independent units, each with private entrance and laundry.Unit 1 (Main/Basement): Bright open-concept, contemporary kitchen with granite counters/peninsula, and stainless appliances. Features exclusive use of the backyard, covered deck, and a waterproofed basement with a nearly finished bedroom. Unit 2 (Upper/Loft): Multilevel layout with master bedroom/ensuite, additional bathroom, and new kitchen. The finished loft serves as a spacious living room.Exterior refinished with stucco (2020). Upgrades: plumbing, furnace, doors, porch, fencing,new driveway, hardwood floors, and LED pot lighting. HVAC meets current OBC requirements.Fenced yard with gazebo and detached shed. Parking for 3 plus 36-amp EV charging cable.The heavy lifting is done! Plumbing, framing, and basement egress window inspections have all passed for both units. Unit 2: Electrical passed; ready for final fire separation. Unit 1:Ceiling work is the final phase, including electrical, installation of new fire-rated pot lights, and fire separation. Minor interior finishes remain, including bathroom tiling,widening one interior door, and installing smoke/CO detectors and two sprinkler heads in the basement.
Details
X12925978
3
$650,000
Owner
None
2 + 2
2 1/2 Storey
1 + 1
3
1100-1500 Sqft
N/A N/A
N/A
Detached
Sale
Additional details
Forced Air / Gas
$3119.89
2025
Full Legal description in GEO is PT LT 3 PL 285 TOWN OF NIAGARA FALLS AS IN RO511379 ; NIAGARA FALLS
N/A
N
Full,Partially Finished
Central Air
Deck,Landscaped,Porch
Park,Public Transit,School,School Bus Route,Fenced Yard,Hospital
Municipal
Rooms
Kitchen
Main Level
3.28 x 3.56
Living Room
Main Level
3.86 x 7.09
Mud Room
Main Level
1.75 x 3.1
Bedroom
Second Level
3.05 x 3.81
Bedroom
Second Level
3.1 x 4.22
Kitchen
Second Level
2.57 x 3.86
Loft
Third Level
3.94 x 7.09
Schools Nearby
Mortgage Calculator
Total Amount
Down Payment
Loan Term
Interest Rate
Down Payment
Loan Amount
Monthly Mortgage Payment
Land Transfer Tax
CMHC
Estimate Your Rental Return
Enter your expected mortgage, annual expenses, and rental income to calculate monthly cash flow for this Toronto investment property.
$
$
$
3%
Monthly Cash Flow
—
net per month
Annual Cash Flow
—
net per year
Monthly Costs
—
mortgage + expenses
Cost Coverage
—
costs vs rent
—
Toronto · Ontario · Estimates only. Not financial or investment advice. Consult a licensed mortgage broker and accountant before making investment decisions.
FAQ
What is the total square footage of the X12925978 - 4563 Ryerson Crescent, Niagara Falls, ON L2E 1E3?
The total square footage of this property is 1100-1500 SqFt.
What schools near to X12925978 - 4563 Ryerson Crescent, Niagara Falls, ON L2E 1E3?