GTA LOCAL REALTY logoGTA LOCAL REALTY

$1,499,000

6235 Drummond Road, Niagara Falls, ON L2G 4M5

Niagara Falls

Bathrooms
9
Square feet
11,786
Type
Store W Apt/Office
AI summary
Reading the listing details…

About this listing

Exceptional mixed-use investment opportunity in one of Niagara Falls' most convenient and sought-after commercial corridors! Ideally situated in a high-visibility, central location just minutes from the Lundy's Lane Tourist District and the Fallsview Casino District, this well-maintained property offers outstanding long-term income potential in a thriving area.The property consists of two buildings with ample on-site parking, offering a total of nine rental units, including three commercial units and six residential apartments. Generating approximately $157,000 in annual gross rental income and offering a cap rate of approximately 7.5%, this is an excellent opportunity for investors seeking strong, reliable returns.One of the property's greatest assets is its exceptional tenant profile. Two of the commercial tenants have successfully operated their businesses here for over five years, while all six residential units are occupied by long-term tenants who take pride in their homes, maintain their units exceptionally well, and have an excellent history of on-time rent payments. Rents are largely in line with today's market, providing immediate, dependable cash flow while offering continued upside. With a stable tenant base and well-maintained buildings, this is truly a minimal-management investment.Ownership has completed numerous capital improvements, including a new electrical panel in Building #2, new owned hot water tanks in Building #1, and a new sewage system servicing Building #2, giving future owners added confidence and reducing the likelihood of major capital expenses.Whether you're expanding an existing portfolio or acquiring your first mixed-use asset, opportunities like this are becoming increasingly rare. A turnkey investment offering strong financial performance, quality tenants, and an unbeatable Niagara Falls location. Please click the links attached to for a full property virtual tour/photos. 1 of the agents will meet you there so it's easy to show.

Property details

Price per sqft
$127
Days on market
6 days
Property taxes
$20,443/yr (2025)
Lot size
119.99 × 115 Feet
Heating
Gas Forced Air Open
Cooling
Yes
Garage
Plaza

Payment calculator

$299,800 (20%)
%
Estimated payment
$6,637 /mo
Mortgage amount
$1,199,200

Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.

Location

Walkability

View Walk Score, Transit Score & Bike Score

Walkability, transit, and bike-friendliness for 6235 Drummond Road, Niagara Falls, ON L2G 4M5

Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.

MLS# X13612460

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

On market since Jul 28, 2026

Similar listings

About 6235 Drummond Road, Niagara Falls, ON L2G 4M5

How much is 6235 Drummond Road, Niagara Falls, ON L2G 4M5?

6235 Drummond Road, Niagara Falls, ON L2G 4M5 is listed for $1,499,000 CAD.

How many bedrooms and bathrooms does 6235 Drummond Road, Niagara Falls, ON L2G 4M5 have?

6235 Drummond Road, Niagara Falls, ON L2G 4M5 has 9 bathrooms.

What type of property is 6235 Drummond Road, Niagara Falls, ON L2G 4M5?

6235 Drummond Road, Niagara Falls, ON L2G 4M5 is a Store W Apt/Office, 11,786 sq ft.

What neighbourhood is 6235 Drummond Road, Niagara Falls, ON L2G 4M5 in?

6235 Drummond Road, Niagara Falls, ON L2G 4M5 is in Niagara Falls, Ontario.

Is 6235 Drummond Road, Niagara Falls, ON L2G 4M5 for sale or for rent?

6235 Drummond Road, Niagara Falls, ON L2G 4M5 is currently for sale.

How do I book a showing for 6235 Drummond Road, Niagara Falls, ON L2G 4M5?

Contact Michael Mezheritsky to arrange a private showing of 6235 Drummond Road, Niagara Falls, ON L2G 4M5 (MLS# X13612460). You can also send a message through the contact form on this site.