7226 Alex Avenue
217 - Arad/Fallsview, Niagara Falls, L2G 7K4
FOR SALE
$1,299,000
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9
BEDROOMS 6
BATHROOMS 3
KITCHENS 15
ROOMS X13582700
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Property Description
Rare opportunity to own a purpose-built triplex featuring three spacious townhome-style units on one property. Each unit offers 3 bedrooms, 1.5 bathrooms, and a finished basement, providing comfortable and functional living space with excellent tenant appeal. This income-producing property features separately metered hydro, gas, and water for each unit, offering convenience and simplified utility management. The property also includes 4 parking spaces. Currently, two units are tenanted, generating immediate rental income, while one vacant unit provides the flexibility to set market rent or move in yourself. Ideally located just minutes from major highway, The Falls, grocery stores, shopping, restaurants, and other everyday amenities, this property combines convenience with exceptional investment potential. Whether you're looking to expand your investment portfolio or purchase a property with exceptional income potential, this well-maintained triplex offers strong cash flow, flexibility, and long-term value. Some of the property photos has virtual staging.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2025-01-23 | 2025-02-18 | 26 | $1,150,000 | $1,000,000 |
| 2025-01-23 | 2025-02-18 | 26 | $1,150,000 | $1,000,000 |
Property Features
Separate Heating Controls
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Property Details
Address
7226 Alex Avenue
Community
City
Postal Code
L2G 7K4
Property Type
Triplex, Triplex
Zoning
R4
Lot Size
81' x 100'
Taxes
$8,132 (2026
Basement
Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
None
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Listing contracted with Exp Realty
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