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216 - Dorchester, Niagara Falls
$899,000
A rare opportunity to acquire a fully renovated and highly versatile property in one of Niagara Falls' most desirable and high-traffic locations. Also being sold with a secondary dwelling that can offer additional value-add potential and provide a unique opportunity for future expansion, guest accommodations, or supplementary income opportunities for the visionary investor. All existing furnishings and appliances are included. Positioned in the heart of Niagara Falls' vibrant tourist and commercial district, 6043 & 6047 Main Street presents an exceptional investment opportunity with strong income and lifestyle potential. This prominent corner commercial property has undergone an extensive top-to-bottom renovation, stripped back to the studs and thoughtfully rebuilt with quality improvements including new wiring with 200-amp electrical service, updated plumbing, new insulation, a new roof, and a new furnace. The beautifully renovated main building showcases a sophisticated open-concept design highlighted by engineered hardwood flooring throughout, a cozy gas fireplace, and modern finishes that blend comfort with contemporary style. The upper level features two spacious bedrooms, an updated bathroom, convenient second-floor laundry, and a private rear balcony overlooking the backyard retreat. Adding to the property's appeal is the stunning outdoor oasis complete with a pool and hot tub, creating the perfect space for personal enjoyment or an attractive feature for short-term rental accommodations. With parking for multiple vehicles and flexible commercial zoning potential, the property is well suited for a variety of retail, mixed-use, or short-term rental opportunities.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 100+ |
| Size | 700-1100 sq. ft. |
| Property Tax | $6,976 |
| Lot Size | 50 ft x 102.1 ft |
| mls© Number | X13446282 |
| Listed By | RE/MAX NIAGARA REALTY LTD, BROKERAGE |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,601
- Property tax
- $581
- Heat allowance
- $150
- Housing costs
- $5,333 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$164,000
gross annual household income
- Payment at 4%
- $3,783 / mo
- Cash down
- $179,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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