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 |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX EXPERTS |
|
Book Showing | Email a Friend |
Type: | Freehold - Duplex |
Area: | Niagara |
Municipality: | Niagara Falls |
Neighbourhood: | 210 - Downtown |
Style: | 2-Storey |
Tax: | $3,915.61 |
Beds: | 8+2 |
Baths: | 5 |
Fireplace: | N |
Pool: | None |