4123 Hickson Avenue, Niagara Falls

Price: $494,900

3 bedrooms, 3 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X12478599

Good opportunity for Investor or End-user!!! Detached Multi Family Home that is Fully Renovated, affordable price!!! Detached Garage and tool shed with 6+ Parking Spaces, Located off Niagara River Parkway & Near Downtown Niagara Falls. MAIN FLOOR: Two bedrooms, open concept living with kitchen and full washroom. SECOND FLOOR: one bed room with kitchen and full washroom. Lots of windows providing great natural light. LOWER LEVEL: Newly Finished Apartment with Separate Entrance, Same Modern Finishes, Open Concept Design, 2 Bedroom, 4 Pc Bath, Wood Flooring, Separate laundry. Close to all amenities. New Park, Schools, shops, restaurants, downtown. All units Leased with Great tenants and Positive Cashflow!! Tenant can be vacant over short notice!! Ideal for investor or live in one unit while Tenants pay your mortgage!!! Great Income Potential!!!

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$494,900 - 4123 Hickson Avenue, Niagara Falls

Detached for Sale in Niagara Falls

108 days on market
3Beds
3Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X12478599
Property Type
Detached
Status
active
Days on Site
108
Bedrooms
3
Bathrooms
3
Square Feet
700 - 1,099 sqft
Neighbourhood
Niagara Falls
Listing Brokerage
CENTURY 21 MILLENNIUM INC.
Description

Good opportunity for Investor or End-user!!! Detached Multi Family Home that is Fully Renovated, affordable price!!! Detached Garage and tool shed with 6+ Parking Spaces, Located off Niagara River Parkway & Near Downtown Niagara Falls. MAIN FLOOR: Two bedrooms, open concept living with kitchen and full washroom. SECOND FLOOR: one bed room with kitchen and full washroom. Lots of windows providing great natural light. LOWER LEVEL: Newly Finished Apartment with Separate Entrance, Same Modern Finishes, Open Concept Design, 2 Bedroom, 4 Pc Bath, Wood Flooring, Separate laundry. Close to all amenities. New Park, Schools, shops, restaurants, downtown. All units Leased with Great tenants and Positive Cashflow!! Tenant can be vacant over short notice!! Ideal for investor or live in one unit while Tenants pay your mortgage!!! Great Income Potential!!!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,539.09/mo

Includes CMHC insurance ($13,808)

$
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5-yr fixed avg.

Principal: $445,410Interest: $302,510
Mortgage Amount$459,218
Total Interest$302,510
Est. Property Tax$351/mo
Total Cost$761,728

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.

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Neighbourhood Guide: Niagara Falls

Discover Niagara Falls

Niagara Falls 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 Niagara Falls

  • 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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Niagara Falls 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.

70
Walk Score
Varies
Price Range

4123 Hickson Avenue, Niagara Falls

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
5.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$351
Insurance (est.)-$103
Net Cash Flow+$2,346

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $707/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.

Negotiation Opportunity

At 108 days on site, this property has exceeded the typical selling timeline for Niagara Falls. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Detached Home Advantages

Detached homes in Niagara Falls are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 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.

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    4123 Hickson Avenue, Niagara Falls | $494,900 | Battaglia Team