$699,900 - 4727-4729 Ferguson Street, Niagara Falls
Detached for Sale in Niagara Falls
31 days on market- MLS Number
- X13118498
- Property Type
- Detached
- Status
- active
- Days on Site
- 31
- Bedrooms
- 8
- Bathrooms
- 6
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Niagara Falls
- Listing Brokerage
- EXP REALTY
Exceptional Investment Opportunity in the Heart of Niagara Falls! Welcome to 4727-4729 Ferguson Street - a versatile and income-generating property offering a rare combination of residential and potential commercial use. Situated on a generous lot, this unique setup features a fourplex alongside an attached single-family home complete with a double car garage, making it an ideal opportunity for investors or multigenerational living. The fourplex consists of four separate units, one of which is currently operating as a storefront. Zoned residential, this unit can be easily converted into a residential apartment, with a full bathroom already in place-providing added flexibility and future rental income potential. All other units are tenanted, offering immediate revenue, while the storefront unit will be vacant upon possession, allowing for a smooth transition or renovation. The attached home is heated by a forced air furnace and includes central air conditioning for year-round comfort. The fourplex units are heated with water boilers and radiators, delivering efficient and consistent warmth throughout. Several units have been recently renovated, enhancing their appeal and overall rental value. The roof is approximately seven years old, offering peace of mind and reduced maintenance costs. Located in a prime area near downtown Niagara Falls, public transit, and essential amenities, this property presents a compelling opportunity for steady cash flow and long-term appreciation. Whether you're expanding your real estate portfolio or seeking a multi-unit property with strong upside, 4727-4729 Ferguson Street is a must-see.
Estimate your monthly payments for this property
Estimated Payment
$3,590.85/mo
Includes CMHC insurance ($19,527)
5-yr fixed avg.
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.
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
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.
4727-4729 Ferguson Street, Niagara Falls
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $200/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.
Market Position
At 31 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 8 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Niagara Falls.
Bathroom Count Matters
With 6 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.