Located in the desirable and established Ascot community of Niagara Falls at 4751 Baldwin Ave , this exceptional property offers a rare blend of immediate cash flow, financial leverage, and tremendous future development potential near Montrose Rd. Situated on an expansive 53.06 x 131.4-foot lot , the well-maintained bungalow features a practical layout without a basement, making it ideal for families seeking an affordable transitional home with long-term investment upside. For savvy investors and builders, this is a premier opportunity to secure a prime piece of land using conventional residential mortgage leverage, as the existing structure can be completely relocated and sold for instant cash, leaving a vacant lot ready for a brand-new build. Generating an immediate rental income of $1,850 per month from a reliable AAA tenant, combined with a separate detached garage equipped with hydro, an owned water heater, and absolutely no monthly fees, this turn-key asset ensures completely stress-free cash flow while you plan your next move. (id:13843)
| MLS # | X13114450 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Days On Site | 187 |
| Listing Provided By | HOMELIFE LANDMARK REALTY INC. | Crystal S Li |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 700 |
| Garage | 5 |
| Basement | Y |
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Water Heater |
| Fireplace Yes / No | No |
| Foundation Details | Concrete |
|---|
| Parking Features | Detached Garage, Garage |
|---|---|
| Parking Total | 5 |
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 3319 |
|---|---|
| Tax Year | 2025 |
| Province | ON |
|---|---|
| City | Niagara Falls (Ascot) |
| Postal Code | L2H1P1 |
| Listing VS Median (in L2H1P1) | |
Price: $399,000 low | high Med: $399,000 sqft: 700 low | high Med: 700 $ / sqft: $570 low | high Med: $570 On site: 187 low | high Med: 187 | |
| Province | ON |
|---|---|
| City | Niagara Falls (Ascot) |
| Postal Code | L2H1P1 |
| Listing VS Median (in L2H1P1) | |
Price: $399,000 low | high Med: $399,000 sqft: 700 low | high Med: 700 $ / sqft: $570 low | high Med: $570 On site: 187 low | high Med: 187 | |