We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
4446 MORRISON STREET, Niagara Falls (Downtown)
2026-05-21
Quick Summary
MLS®#X13151780
Property 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. (id:32467)
Property Features
Building
- Fireplace: No
Land
- Land Size: 50 x 150 FT
Zoning
- Description: R2
Information entered by RE/MAX NIAGARA REALTY LTD, BROKERAGE
Listing information last updated on: 2026-05-21 14:58:28
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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