5459 ONTARIO AVENUE, Niagara Falls (Downtown), Ontario, L2E3S4
MLS: X12695386 | Fourplex
$1,198,000
Property Description
Welcome to 5459 Ontario Ave - A Prime Investment Opportunity in Niagara Falls. Discover a fullystabilized, cash-flowing asset in one of Canada's most iconic tourist destinations. Thisdetached home features five self-contained 1-bedroom suites and one 2-bedroom suite, offeringsix fully rented units - each partially furnished and occupied by reliable tenants whoconsistently pay on time. Situated on a 50 x 127 ft. lot, this well-maintained propertyincludes two non-conforming basement apartments and rear parking for six vehicles. It providesa turnkey investment with strong rental performance and minimal ongoing management. PropertyHighlights include six fully leased units producing strong, consistent income. Excellenttenants in good standing with a history of on-time payment. 200-amp electrical service and roofreplaced in 2016. This Unbeatable Location is Minutes to Casino Niagara, Clifton Hill, TheFalls, shopping, dining, and entertainment. Quick access to the USA border and Hwy 420.Peaceful residential street surrounded by parks, trails, and campsites. This is a rareopportunity to acquire a fully stabilized, income-producing property in a high-demand rentalmarket with exceptional long-term potential. Perfect for investors looking for reliable cashflow and strategic future upside. (id:64974)
Quick Facts
- Property Type: Fourplex
- Bedrooms: 7 (5 above, 2 below)
- Bathrooms: 6
- Attached: Yes
- Parking: 6 spaces (No Garage)
- Frontage: 50 ft (15.3 m)
Costs
- Annual Taxes: $6,170.00
Listing Provided by: RE/MAX EXPERTS
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Cooling: None
- Basement: Finished, Apartment in basement, N/A, N/A
- Appliances: Refrigerator, Stove, Microwave
- Flooring: Laminate, Carpeted, Ceramic
Exterior & Construction
- Exterior: Aluminum siding
- Foundation: Concrete
- Sewer: Sanitary sewer
- Water: Municipal water
Lot & Land
- Frontage: 50 ft (15.3 m)
Community & Neighbourhood
- Neighbourhood: 210 - Downtown
Room Details (17 rooms)
Listing Information
Listing History
Buy/Sell/Terminated/Expired listing history for 5459 ONTARIO AVENUE, Niagara Falls (Downtown), Ontario, L2E3S4
Location & Neighborhood
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
Nearby Homes (Within 2km)
Similar Homes
Similar Properties
No rental comparables found in this area.
Sold Comparables
Access to sold property data requires a registered and verified account with TRREB DDF integration.
Coming SoonRented Comparables
Access to rented property data requires a registered and verified account with TRREB DDF integration.
Coming Soon