4077 HICKSON Avenue
Niagara Falls, Ontario
5 bed • 4 bath • Multi-family
Turnkey triplex investment opportunity in a prime Niagara Falls location! Situated just steps from Great Wolf Lodge and minutes from the city's world-renowned tourist district, this solid brick multi-residential property offers immediate cash flow with all three units currently occupied. Featuring spacious and well-maintained suites, this income-producing asset has benefited from several key updates, including a high-efficiency furnace, central air conditioning, updated roof shingles, chimney liner, and a hardwired fire alarm system. The property sits on a fully fenced lot and includes a detached double-car garage along with private driveway parking, providing additional convenience and tenant appeal. Located in a strong rental market with proximity to attractions, employment, shopping, schools, and public transit, this is an excellent opportunity for investors seeking stable rental income and long-term appreciation. A rare chance to acquire a fully tenanted, low-maintenance triplex in one of Niagara Falls' most desirable investment corridors.
Price History
Property
- Lot Size
- 0.07 acres
Schools
Elementary
- St Patrick Catholic Elementary School1 km
Catholic · Niagara CDSB · 185 students
Grade 3 reading: 100% met the provincial standard
- Simcoe Street Public School1.5 km
Public · DSB Niagara · 285 students
Grade 3 reading: 83% met the provincial standard · Grade 6 math: 56% met the provincial standard
- Valley Way Public School1.9 km
Public · DSB Niagara · 300 students
Grade 3 reading: 79% met the provincial standard · Grade 6 math: 40% met the provincial standard
Secondary
- A N Myer Secondary School3 km
Public · DSB Niagara · 1155 students
Grade 10 literacy: 89% met the provincial standard
- Saint Paul Catholic High School3.5 km
Catholic · Niagara CDSB · 790 students
Grade 10 literacy: 84% met the provincial standard
- Stamford Collegiate3.7 km
Public · DSB Niagara · 805 students
Grade 10 literacy: 80% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L2E
- Population
- 18,587
- Private dwellings
- 9,017
- Median age
- 46.4
- Average household size
- 2.2
- Median household income
- $60,800
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Multi-family in Niagara Falls · last 12 months
- Median sold price
- $560,772
- Homes sold
- 1,076
- Median days on market
- 31
- Sale-to-list price
- 96.1%
Based on 1,076 recorded sales of multi-family properties in Niagara Falls over the last 12 months.
Location
Mortgage Calculator
$139,980
Estimated Monthly Payment
$3,438
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,438/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $175/mo
Estimates only. Consult a financial advisor.