5451 Ontario Avenue, Niagara Falls, Ontario L2E 3S4

Listed for:
$1,298,000
10 beds
5 baths
Listed 7 days ago
Duplex for rent: 5451 Ontario Avenue, Niagara Falls, Ontario L2E 3S4

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Learn more about this property
Listing provided by:
RE/MAX EXPERTS
MLS® number:
X12042535
Agent:
Alfred Martinelli
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About

Niagara River Pkwy & Eastwood Cres Zoned R2 Prime Investment Opportunity. This well-maintained 2.5-story converted fourplex is just minutes from the Niagara Falls tourist district, the Bridge to the USA, and Hwy 420, offering excellent accessibility and convenience. Situated in a predominantly residential area with a mix of multi-residential and bed and breakfast properties, this property benefits from Tourist Commercial Zoning nearby. Property Highlights: Four Fully Rented Units with strong rental income. Double-Wide Driveway Parking for four vehicles. Proximity to All Amenities - Shopping, dining, and entertainment are nearby. Ideal for Investors - Turnkey rental property with reliable cash flow. Unit #1 - 4 Bed, 2 Bath (3rd Floor) 986 sq. ft. Kitchen, dining, living area, Front & rear entry, Laminate, vinyl & hardwood flooring. Unit #2 - 3 Bed, 1 Bath (2nd Floor) 905 sq. ft. Kitchen, living room, New vinyl plank flooring & renovated bathroom. Front & rear entry. Unit #3 - Bachelor (Ground Floor) 341 sq. ft. Open-concept layout with kitchen & new 3-pc bath. Ceramic flooring throughout. Private ground-floor front entry. Unit #4 - 1 Bed, 1 Bath (Ground Floor, Partially Below Grade) 443 sq. ft. Kitchen, living room, bedroom & 3-pc bath. Vinyl plank & Ceramic flooring. Private side entry. (Financials and Property Improvements Attached.) Note: Zoning will allow for a Bed & Breakfast. Concept Plan attached. (id:27476)

Property Highlights

MLS® Number
X12042535
Type
Multi-family
Community Name
210 - Downtown
Land Size
50 x 127.6 FT
Parking Space Total
4

Building

Building Type
Duplex
Storeys
2.00
Square Footage
1999.983 - 2499.9795 sqft
Bathrooms Total
5
Bedrooms Above Ground
8
Bedrooms Total
10
Exterior Finish
Brick
Fireplace Present
No
Basement Type
N/A
Basement Features
Apartment in basement
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

Bedroom 3
Second level
3.23 m x 3.89 m
Kitchen
Second level
3.23 m x 3.89 m
Living room
Second level
3 m x 3.89 m
Bedroom
Second level
3.58 m x 3.61 m
Bedroom 2
Second level
4.23 m x 3.61 m
Kitchen
Third level
3.3 m x 3.73 m
Dining room
Third level
3 m x 3.53 m
Bedroom
Third level
3.15 m x 3.84 m
Bedroom 2
Third level
3.15 m x 3.84 m
Bedroom 3
Third level
3.15 m x 4.04 m
Bedroom 4
Third level
3.02 m x 3.53 m
Kitchen
Basement
2.59 m x 2.41 m
Bedroom
Basement
2.26 m x 2.41 m
Bedroom 2
Basement
2.24 m x 4.04 m
Living room
Ground level
3.66 m x 3.02 m
Living room
Ground level
3.66 m x 3.02 m
Bedroom
Ground level
3.43 m x 2.41 m

Location