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Investment signal

$850,000

4733 RIVER Road

Save this home

Beds

4

Baths

2

Sqft

Year

1890

Type

Multi-family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Niagara Falls. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome to 4733 River Road, Niagara Falls, located in a prime tourist area along the Niagara River, and just minutes to Clifton Hill, Downtown, the Rainbow Bridge, Casino Niagara, plus so much more. This extensively updated two-storey home offers flexible living with a finished in-law suite and separate private entrances for both units. Blending character and contemporary design, the home features modern kitchens and bathrooms, updated flooring, sleek lighting, and newer mechanicals - making it truly move-in ready. The main floor offers an open-concept layout with a stylish eat-in kitchen complete with stone countertops, modern cabinetry, and stainless steel appliances. The bright living space, two bedrooms, stacked laundry, and a full bathroom complete the level. This unit also includes exclusive access to a private hot tub, perfect for relaxing year-round. Upstairs, the second living space features its own eat-in kitchen with contemporary finishes, a comfortable living room, two bedrooms, full bathroom, and separate laundry. Step out onto the private balcony to enjoy morning sunrises, or to unwind after a full day exploring the city. Set on a private lot with parking for four vehicles, this property is ideal for multi-generational living or buyers seeking income potential. Here is your turnkey opportunity to get into one of Niagara Falls' most desirable riverfront locations-do not miss out! (id:65958)

Subtype
Multi-family
Structure
Duplex
Community
210 - Downtown
Common interest
Freehold
Living area
2,076 square feet
Parking
4 total
Stories
2
On market
Feb 20, 2026
Status changed
Apr 27, 2026
Annual tax
$5,321
Zoning
DC
Photos
22
MLS#
40806527
Area
NIAGARA_FALLS

Features and systems

Basement

UnfinishedPartial

Heating

Forced airNatural gas

Cooling

Ductless

Exterior

Stucco

Foundation

Stone

Lot

Private Yard
Negative cash flow ~$940/mo at these assumptions

Cash on cash

-6.64%

Cap rate

3.54%

GRM

16.7

Break-even rent

$5,240

Financing

Down payment$170,000
Loan amount$680,000
Mortgage$3,445/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$390
Insurance$80
Maintenance$708
CapEx reserve$354
Vacancy loss$213

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $3,445/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.

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