61 QUEEN STREET
Niagara · L2A1T7
$459,900
About this residence
Truly unique opportunity for homeowners, investors, or entrepreneurs. This versatile property features an owner-occupied unit plus two additional residential units, offering flexible living and income potential. The spacious owner's unit boasts exclusive access to a full basement spanning the entire building, providing exceptional storage or workspace options. Meanwhile, the two additional residential units are currently vacant, allowing for immediate occupancy or tenant selection. Adding to the appeal, the existing zoning (RM1-595) permits the operation of a small business from the front unit, making this an ideal setup for those seeking a live-work opportunity. At the rear of the property, you'll find a large detached structure that includes a covered porch, a workshop, and plenty of additional storage space perfect for hobbyists, entrepreneurs, or those simply needing extra room. It also has a separate electrical service and a Plug hook up for an RV. Located just a short walk from the Niagara River Parkway and the Friendship Trail, outdoor enthusiasts will love the easy access to scenic trails and waterfront activities. Plus, with proximity to shopping, restaurants, and convenient QEW access, everyday needs and commuting are a breeze. Don't miss this rare opportunity to own a multi-functional property in a prime location! Roof shingles on the garage / shop are less than 5 years old. Specific zoning (RM1-595) permits a Take-out Restaurant Use shall be limited to selling ready-to-eat items that do not require commercial kitchen equipment, such as coffee, tea, ice cream, muffins, and cookies prepared off-site. (id:61366)
Property details
- Property type
- Multi-family
- Style
- Multi-Family
- Bathrooms
- 3
- Living area
- 2,000 sq ft
- Lot size
- 66 x 132 FT
- Frontage
- 66 feet
- Parking
- 11 spaces
- Annual tax
- $3,511
- MLS®
- X12393901
- Board
- Niagara
- Status
- Inactive
- Listed
- Sep 10, 2025
- Updated
- Jun 1, 2026
Features & finishes
Heating
- Forced air
- Natural gas
Cooling
- Fully air conditioned
Financing
Estimated monthly payment
$2,151/mo
Loan amount
$367,920
Down payment
$91,980
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Niagara
Nearby
About the area
Census · L2A- 17,293
- Population
- 49
- Median age
- $72,500
- Median income
- $500,000
- Median home value
- 74%
- Home ownership
- 22 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 61 QUEEN STREET?
61 QUEEN STREET is listed for $459,900, in Niagara.
How many bedrooms and bathrooms does 61 QUEEN STREET have?
It offers — bedrooms and 3 bathrooms.
What type of home is 61 QUEEN STREET?
61 QUEEN STREET is a Multi-family, Multi-Family.
How large is 61 QUEEN STREET?
The home offers approximately 2,000 sq ft of living space on a lot measuring 66 x 132 FT.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $2,151. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $3,511 per year.
Is there parking?
Yes — 61 QUEEN STREET includes 11 parking spaces.
What is the Niagara area like?
Niagara has a population of about 17,293, a median age of 49, a 74% home-ownership rate, with an average commute of about 22 minutes.
What is the average home value in Niagara?
The median dwelling value in this area is approximately $500,000, based on census data via Neighbourly.
What is the median household income in Niagara?
The median household income in this area is approximately $72,500.
Similar residences
Comparable Multi-Family near Niagara at a similar price.
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