




4961 Armoury Street, Niagara Falls, ON
L2E 1T3
Listed October 29, 2026
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About this property
Welcome to 4961 Armoury Street, this solid brick 1927 triplex sits on a corner lot in the established Cherrywood neighbourhood, all currently tenanted, with roughly 3,385 sq ft of finished space across four levels. The main-floor unit offers 2 bedrooms, 1 bathroom, a separate dining area, and a kitchen updated in 2019 across 894 sq ft. The second-floor unit features 2 bedrooms, 1 bathroom, and a sitting room across 1,041 sq ft. Up top, the third-floor loft unit offers 2 bedrooms, 1 bathroom, a walk-in closet, and an eat-in kitchen across 653 sq. ft., perfect for a long-term tenant. The finished lower level has its own separate entrance, along with 2 bedrooms, 1 bathroom, an egress window and a kitchen updated in 2019 across 797 sq. ft., plus a coin-operated laundry room (2019) shared by the building. The big-ticket items are already done, roof (2017), windows and doors (2017), PEX plumbing and updated electrical (2019), two gas furnaces, two central air conditioning units, and two owned hot water tanks (2019), eavestroughs (2020), and full exterior waterproofing complete with two sump pumps. The private driveway parks six cars minimum, and a back patio and shed round out the yard. Close to Valley Way Public School and Stamford Collegiate, with quick access to the shops and restaurants of Queen Street, Clifton Hill, the Falls, and Highway 420, this is a well-kept building that generates cash flow for you from day one.
Features
Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 4961 Armoury Street — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$210,000 · Minimum $80,000
Use the rate your lender or broker quotes you.
Monthly costs
From the listing (2026 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
$6,399/mo
About $76,788 a year
- $4,645
- $424
- Home insurance$125
- Utilities$330
- Maintenance & repairs$875
Cash needed to close
- Down payment (20%)
- $210,000
- Ontario land transfer tax
- $17,475
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $229,975
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
4961 Armoury Street, Niagara Falls, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: October 29, 2026
Listing Office: KELLER WILLIAMS EDGE REALTY
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