Discover a Rare Gem in the Heart of Niagara Falls! Step into this fully renovated legal triplex offering unparalleled versatility and income potential in one of Canada's most iconic tourist destinations. Boasting 9 bedrooms across three self-contained units-a spacious 4-bedroom, comfortable 3-bedroom, and 2-bedroom basement suite-each with its own private entrance, separate hydro meters, and full bathroom, this property delivers maximum flexibility for savvy investors, multi-generational families, or owner-occupiers. Perfectly positioned, enjoys a prime Niagara Falls location: steps from the University of Niagara Falls Canada, walking distance to the Niagara Falls GO Station, and moments from the world-famous Clifton Hill entertainment district, major attractions, dining, the US border, and all the excitement Niagara has to offer, ensuring constant demand from students, tourists, and long-term residents for strong rental performance year-round. Endless Investment & Lifestyle Opportunities include cash-flowing investment with three separate units and individual meters for low expenses and easy management generating substantial rental income, Airbnb/Bed & Breakfast Potential to capitalize on Niagara's tourism boom with lucrative short-term rentals near the Falls and entertainment hubs, Owner-Occupied Strategy to live in the 4-bedroom while leasing the others for mortgage assistance, Multi-Family Haven ideal for extended families with privacy in fully equipped units, and Student Housing Goldmine perfect for high-occupancy rentals near the University. With nine bedrooms and flexible layout, income potential is exceptional similar to strong-performing multi-unit buildings in the area. Rarely does a property combine this renovation quality, income versatility, and unbeatable location. Whether seeking a high-yield investment, family compound, or hospitality venture, it delivers Niagara charm with modern convenience and limitless upside. Don't miss out!
Address
4417 Ellis Street
List Price
$749,888
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
2-Storey
Transaction Type
Sale
Area
Niagara Falls
Sub-Area
210 - Downtown
Region
Niagara
Bedrooms
7 + 2
Bedrooms (Total)
9
Rooms Above Grade
21
Bathrooms
3
Floor Area
2500-3000 Sq. Ft.
Lot Depth
150
Lot Size Units
Feet
Lot Width
60
Parcel Number
644450130
Occupant Type
Vacant
Cross Street
Morrison Street and Ontario Avenue
Approx. Age
51 - 99 Years
MLS® Number
X13440300
Listing Brokerage
REAL BROKER ONTARIO LTD.
Basement Area
Finished, Full, Apartment
Postal Code
L2E 1H5
Posession Details
Immediate
Parking Places (Total)
3
Parking Spaces
2
Tax Amount
$4,756.98
Tax Year
2026
Site Influences
Hospital
Interior Features
Carpet Free, In-Law Suite, Primary Bedroom - Main Floor, Separate Hydro Meter, Separate Heating Controls, Water Heater Owned, In-Law Capability, Storage
Property Features
Hospital
Central Vacuum
No
Family Room
Yes
Elevator
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling
No
Cooling Features
None
Construction Materials
Vinyl Siding, Brick
Direction Faces
North
Fireplace
No
Foundation Details
Concrete Block
Garage
Yes
Garage Type
Detached
Covered Spaces
1
Kitchens Total
3
Kitchens Above Grade
3
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
LT 56 PL 283 TOWN OF NIAGARA FALLS; PT LT 55 PL 283 TOWN OF NIAGARA FALLS AS IN RO720362 ; NIAGARA FALLS
Security Features
Smoke Detector
Waterfront
No
Waterfront
None
Sewer
Sewer
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Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Bedroom | 2.44 x 3.57 | |
| Main | Living Room | 3.96 x 4.79 | |
| Main | Kitchen | 3.77 x 3.82 | |
| Main | Bedroom 4 | 3.77 x 4.04 | |
| Main | Foyer | 1.95 x 1.53 | |
| Main | Laundry | 2.05 x 3.6 | |
| Main | Bedroom 2 | 2.45 x 4.4 | |
| Main | Bedroom 3 | 2.21 x 3.08 | |
| Second | Bedroom | 3.96 x 3.51 | |
| Second | Bedroom 2 | 3.96 x 3.45 | |
| Second | Bedroom 3 | 3.77 x 2.98 | |
| Second | Kitchen | 3.77 x 4.04 | |
| Second | Laundry | 2.05 x 3.99 | |
| Third | Family Room | 6.35 x 7.58 | |
| Basement | Bedroom | 3.96 x 4.78 | |
| Basement | Bedroom 2 | 4.78 x 3.73 | |
| Basement | Recreation | 6.86 x 4.14 | |
| Basement | Den | 1.56 x 2.39 | |
| Basement | Laundry | 1.41 x 2.48 |