5368 MENZIE Street, Niagara Falls, Ontario, L2E2V8

Property Description

Own a Rare Piece of Niagara's History - Endless Possibilities Await!Step into a truly one-of-a-kind estate where timeless elegance meets modern convenience. Legal 5-plex, this extraordinary property is currently configured as a spacious single-family home, and can be effortlessly returned back to a 5-plex income producer. It also presents an amazing bed & breakfast opportunity, especially with the impressive Viking pool. A rare luxury that sets this property apart. Boasting over 4,000 sq. ft. of living space, the home features remarkable architectural character, including 12' ceilings, original hardwood floors, solid 8' doors, intricate cove moulding, detailed plaster trim, a grand staircase, and a stunning solid marble fireplace mantel. Located just minutes from Niagara Falls' premier entertainment district, this property also offers dual street access, a rare advantage in Niagara plus ample parking. Additional highlights include: Empty apartments, allowing the new owner to set market rents. Development opportunities at the rear of the property. You can build 3 homes or possibly 5 towns. Ideal for a home-based business: perfect for a salon, daycare, accounting office, law office, or other professional use. If geared toward students, the layout offers numerous rooms, maximizing income potential. Revenue potential of up to $10,000 per month, depending on use and configuration. Over the past 26 years, nearly every major system has been updated, including: High-efficiency furnace & AC, newer windows and exterior doors, a 200-amp electrical panel, rebuilt back porch, updated fencing, and more (see the full upgrade sheet for details). Whether you're seeking a distinctive residence, a high-yield investment property, or a boutique hospitality venture, this rare gem delivers unmatched versatility, historic charm, and modern reliability. Envision the possibilities! (id:64974)

Quick Facts

• Property Type: Multi-family
• Bedrooms: 6
• Bathrooms: 5
• Living Area: 4,128 sq ft (383.5 m²)
• Above Grade: 4,128 sq ft (383.5 m²)
• Year Built: 1850
• Ownership: Freehold
• Parking: 10 spaces (Open)
• Frontage: 96 ft (29.3 m)

Costs

• Annual Taxes: $6,705.00

Listing Provided by: RE/MAX Niagara Realty Ltd.
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.