Apartment buildings for sale in Hamilton–Niagara

4394 ELLIS Street, Niagara Falls

2 to 5 units
Listed by REAL BROKER ONTARIO LTD.
Updated August 11, 2026
$599,900
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Details from the listing

Property taxes$4,777 (2025)
Lot size50 × 90 ft
Total area2,693 sq. ft.
OccupancyTenant
HeatBaseboard, Gas

From the listing

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.

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Listings refreshed September 21, 2026 at 6:47 p.m. ET