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Sean Kim

Broker
RE/MAX Real Estate Centre Inc., Brokerage Independently owned and operated. 1140 Burnhamthorpe Rd W #141-A, Mississauga, Ontario L5C4E9 Cell: 416-998-1113Office: 905-270-2000Fax: 905-270-0047

$1,198,000
Available - For Sale
Listing ID: X12042535
5451 Ontario Aven , Niagara Falls, L2E 3S4, Niagara


Zoned R2 Prime Investment Opportunity. This well-maintained 2.5-story with four separate units 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.
Price $1,198,000
Taxes: $3915.61
Occupancy: Tenant
Address: 5451 Ontario Aven , Niagara Falls, L2E 3S4, Niagara
Directions/Cross Streets: Niagara River Pkwy & Eastwood Cres
Rooms: 14
Rooms +: 3
Bedrooms: 8
Bedrooms +: 2
Family Room: F
Basement: Apartment
  Level/Floor Room Length(m) Width(m) Descriptions
Room 1 Third Kitchen 3.3 3.73 Vinyl Floor, Window, Breakfast Area
Room 2 Third Dining Ro 3 3.53 Vinyl Floor, Window, Overlooks Frontyard
Room 3 Third Bedroom 3.15 3.84 Vinyl Floor, Window, Closet
Room 4 Third Bedroom 2 3.15 3.84 Vinyl Floor, Window, Closet
Room 5 Third Bedroom 3 3.15 4.04 Vinyl Floor, W/O To Balcony, Closet
Room 6 Third Bedroom 4 3.02 3.53 Vinyl Floor, Window, Overlooks Frontyard
Room 7 Second Kitchen 3.23 3.89 Vinyl Floor, Window, W/O To Balcony
Room 8 Second Living Ro 3 3.89 Vinyl Floor, Window, Overlooks Backyard
Room 9 Second Bedroom 3.58 3.61 Vinyl Floor, Large Window, Overlooks Frontyard
Room 10 Second Bedroom 2 4.23 3.61 Vinyl Floor, Large Window, Closet
Room 11 Second Bedroom 3 3.23 3.89 Vinyl Floor, Window, Closet
Room 12 Ground Living Ro 3.66 3.02 Ceramic Floor, Combined w/Dining, Large Window
Room 13 Ground Living Ro 3.66 3.02 Ceramic Floor, Combined w/Living, Combined w/Kitchen
Room 14 Ground Bedroom 3.43 2.41 Ceramic Floor, Combined w/Dining, Window
Room 15 Basement Kitchen 2.59 2.41 Ceramic Floor, Breakfast Area
Washroom Type No. of Pieces Level
Washroom Type 1 3 Third
Washroom Type 2 4 Second
Washroom Type 3 3 Second
Washroom Type 4 3 Basement
Washroom Type 5 0
Total Area: 0.00
Property Type: Duplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private Do
Drive Parking Spaces: 4
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Pool: None
Approximatly Square Footage: 2000-2500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX EXPERTS
Personal Picture
Sean Kim
Broker
Dir:
416-998-1113
Bus:
905-270-2000
Fax:
905-270-0047
 
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At a Glance:
Type: Freehold - Duplex
Area: Niagara
Municipality: Niagara Falls
Neighbourhood: 210 - Downtown
Style: 2-Storey
Lot Size: x 127.60(Feet)
Approximate Age:
Tax: $3,915.61
Maintenance Fee: $0
Beds: 8+2
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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