4020 Main Street
4020 Main Street
$699,900
144 days on market
About This Listing
Welcome to an incredible multi-residential opportunity in the heart of Chippawa! This versatile property is ideal for investors or multi-generational living, currently set up with two units and offering exciting potential to convert into a triplex. The main floor features a 1-bedroom unit plus additional space that was previously used as a storefront-perfect for conversion into a second main-floor residential unit, creating a third income stream with ease. Upstairs, you'll find a spacious and well-maintained 3-bedroom unit, offering comfortable living space with great natural light. At the rear, enjoy a 30 ft x 25 ft heated garage/workshop, complete with: Radiant gas tube heater, 60 AMP service, 12 ft ceilings, Two overhead doors (9 ft x 9 ft and 9 ft) and an attached 14.6 ft x 25 ft storage room at the back. Set on a large lot along a main artery, this property offers both convenience and future upside. Located just steps from the Welland River ("the Crick"), a nearby boat launch, and the charming downtown square, tenants will love the walkable lifestyle. Live in one unit and rent the others, or maximize your investment with a triplex conversion-opportunities like this don't come often!
| Monthly Mortgage (P&I) | $3,049 |
| Property Tax (MLS) | $342 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $3,391 |
Down payment: $139,980 (20.0%) · Mortgage: $559,920
Property tax uses MLS annual tax of $4,105/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by REALTY EXECUTIVES PLUS LTD, BROKERAGE
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Data last updated: August 23, 2026 at 12:26 p.m.