




4424 Ellis Street, Niagara Falls, ON
L2E 1H4
Listed September 8, 2026
About this property
Whether you're a seasoned investor scouting your next cash-flowing asset or a smart buyer looking to live in one unit while the neighbour helps pay your mortgage, this proeprty is the kind of property that just makes financial sense. Spanning roughly 1,800 sq. ft. of above-grade living space, this full duplex is smart, flexible real estate at its finest. Configured into two light-filled 2-bedroom, 1-bathroom layouts, it pulls in approx. $3,500/month in gross rental income ($1,800/mo + utilities on the lower level, and $1,700/mo + hydro upstairs). Both units feature open-concept living spaces, classic 4-piece baths, and separate electrical meters-giving you a clean operational setup with zero headache. Beyond the numbers, the location does the heavy lifting. Tucked into a central, incredibly walkable pocket of Niagara Falls, your tenants (or you!) are just steps from daily transit routes, local coffee shops, groceries, and neighbourhood dining. You're also only minutes from the world-famous tourist district, Clifton Hill, and the WEGO transit network-making this a magnet for local service-industry professionals who want a fast, effortless commute. Plus, quick access to the QEW and the downtown core means you're perfectly plugged into the region's broader economic growth. Solid income today, endless flexibility tomorrow, and a location tenants actually want to stay in.
Features
Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 4424 Ellis Street — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$105,980 · Minimum $27,990
Use the rate your lender or broker quotes you.
Monthly costs
From the listing (2025 tax bill).
Leave at $0 if there isn't one.
Typical for this kind of home.
Hydro, heating, water and sewer.
About 1% of the price a year, set aside.
One-time costs
A typical estimate — your lawyer will confirm.
Estimated monthly cost of ownership
$3,541/mo
About $42,492 a year
- $2,344
- $300
- Home insurance$125
- Utilities$330
- Maintenance & repairs$442
Cash needed to close
- Down payment (20%)
- $105,980
- Ontario land transfer tax
- $7,073
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $115,553
Estimates only — not a mortgage approval, quote or tax advice. Payments assume a fixed rate compounded semi-annually; minimum down payments, mortgage insurance and land transfer tax follow current CMHC and Ontario rules. Insurance, utilities and upkeep are typical figures for the area. Your lender, lawyer and insurer will confirm your exact costs.
Location & Walkability
4424 Ellis Street, Niagara Falls, ON
Map data © GoogleOpen in Google Maps ↗
Similar Properties Nearby
View all →
For SaleNiagara Falls
$525,000
6022 Brookfield Avenue
For SaleVideo tourNiagara Falls
$539,900
4227 Pettit Avenue
For SaleNiagara Falls
$549,000
5821 Leonard Avenue
For SaleNiagara Falls
$549,000
2862 Dorchester Road
For SaleNiagara Falls
$549,000
5429 Second Avenue
For SaleNiagara Falls
$549,000
7714 Cortina Crescent
Last Updated: September 8, 2026
Listing Office: REAL BROKER ONTARIO LTD.
This listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.