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Home ON St. Catharines - Niagara Niagara Falls Drummond - Victoria
5451 ONTARIO AVENUE
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5451 ONTARIO AVENUE $1,298,000
7 days ago
$1,298,000
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5451 ONTARIO AVENUE
Niagara Falls (210 - Downtown), Ontario L2E3S4

MLS® Number: X12042535
8 + 2
Bedrooms
5
Bathrooms
2000 - 2500
Square Feet

Listing Description

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. (40118832)

Location Description

Niagara River Pkwy & Eastwood Cres

Property Summary

Property Type
Multi-family
Building Type
Duplex
Storeys
2
Square Footage
2000 - 2500 sqft
Community Name
210 - Downtown
Land Size
50 x 127.6 FT
Annual Property Taxes
$3,915.61
Parking Type
No Garage
Time on REALTOR.ca
7 days

Building

Bedrooms
Above Grade
8
Below Grade
2
Bathrooms
Total
5
Interior Features
Appliances Included
Dishwasher, Dryer, Furniture, Stove, Window Coverings, Refrigerator
Flooring
Vinyl, Ceramic
Basement Features
Apartment in basement
Basement Type
N/A
Building Features
Foundation Type
Stone
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
No Garage
Total Parking Spaces
4

Measurements

Square Footage
2000 - 2500 sqft

Rooms

MetricImperial
Second level
Bedroom 3
Kitchen
Living room
Bedroom
Bedroom 2
Third level
Kitchen
Dining room
Bedroom
Bedroom 2
Bedroom 3
Bedroom 4
Basement
Kitchen
Bedroom
Bedroom 2
Ground level
Living room
Living room
Bedroom

Land

Lot Features
Frontage
50 ft
Land Depth
127 ft ,7 in
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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