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5451 Ontario Avenue Image 1

$1,198,000

$1,298,000
7.7% dropped

Last price change Apr 11

Mar 26Duplex For Sale
bedrooms10bed
washrooms7bath
MLS - #X12042535

5451 Ontario Avenue, Niagara Falls, ON L2E 3S4

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Similar Homes Found
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Average Price
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Price Comparison

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Property Description

Property type

Duplex

Lot size

N/A

Style

2-Storey

Approx. Area

N/A

Room Information

Room TypeDimension (length x width)FeaturesLevel
Kitchen3.3 x 3.73 mVinyl Floor, Window, Breakfast AreaThird
Dining Room3 x 3.53 mVinyl Floor, Window, Overlooks FrontyardThird
Bedroom3.15 x 3.84 mVinyl Floor, Window, ClosetThird
Bedroom 23.15 x 3.84 mVinyl Floor, Window, ClosetThird

About 5451 Ontario Avenue

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.

Home Overview

Last updated

Apr 11

Virtual tour

None

Basement information

Apartment

Building size

--

Status

In-Active

Property sub type

Duplex

Maintenance fee

$N/A

Year built

--

Listed by RE/MAX EXPERTS

Additional Details

Basement:Apartment
Cooling:Central Air
Heating:Forced Air
Parking Features:Private Double

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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