7 Bedroom
6 Bathroom
2,500 - 3,000 ft2
None
$1,198,000
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:61594)
Property Details
|
MLS® Number
|
X12695386 |
|
Property Type
|
Multi-family |
|
Community Name
|
210 - Downtown |
|
Parking Space Total
|
6 |
Building
|
Bathroom Total
|
6 |
|
Bedrooms Above Ground
|
5 |
|
Bedrooms Below Ground
|
2 |
|
Bedrooms Total
|
7 |
|
Age
|
51 To 99 Years |
|
Appliances
|
Microwave, Stove, Refrigerator |
|
Basement Development
|
Finished |
|
Basement Features
|
Apartment In Basement |
|
Basement Type
|
N/a, N/a (finished) |
|
Cooling Type
|
None |
|
Exterior Finish
|
Aluminum Siding |
|
Flooring Type
|
Laminate, Ceramic, Carpeted |
|
Foundation Type
|
Concrete |
|
Stories Total
|
2 |
|
Size Interior
|
2,500 - 3,000 Ft2 |
|
Type
|
Fourplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
127 Ft ,10 In |
|
Size Frontage
|
50 Ft ,1 In |
|
Size Irregular
|
50.1 X 127.9 Ft |
|
Size Total Text
|
50.1 X 127.9 Ft |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
Living Room |
3.55 m |
3.98 m |
3.55 m x 3.98 m |
|
Second Level |
Bedroom 4 |
3.08 m |
5.09 m |
3.08 m x 5.09 m |
|
Second Level |
Bedroom 5 |
2.46 m |
5.11 m |
2.46 m x 5.11 m |
|
Second Level |
Kitchen |
3.56 m |
3.98 m |
3.56 m x 3.98 m |
|
Second Level |
Living Room |
3.56 m |
3 m |
3.56 m x 3 m |
|
Second Level |
Bedroom 3 |
3.56 m |
5.09 m |
3.56 m x 5.09 m |
|
Second Level |
Kitchen |
3.55 m |
4.05 m |
3.55 m x 4.05 m |
|
Lower Level |
Kitchen |
4.34 m |
3.33 m |
4.34 m x 3.33 m |
|
Lower Level |
Bedroom |
4.34 m |
3.41 m |
4.34 m x 3.41 m |
|
Lower Level |
Kitchen |
4.23 m |
2.06 m |
4.23 m x 2.06 m |
|
Lower Level |
Bedroom 2 |
4.36 m |
3.3 m |
4.36 m x 3.3 m |
|
Ground Level |
Kitchen |
3.53 m |
3.99 m |
3.53 m x 3.99 m |
|
Ground Level |
Living Room |
3.53 m |
2.37 m |
3.53 m x 2.37 m |
|
Ground Level |
Bedroom |
3.53 m |
3.91 m |
3.53 m x 3.91 m |
|
Ground Level |
Kitchen |
2.29 m |
1.73 m |
2.29 m x 1.73 m |
|
Ground Level |
Living Room |
3.3 m |
3.23 m |
3.3 m x 3.23 m |
|
Ground Level |
Bedroom 2 |
3.53 m |
3.51 m |
3.53 m x 3.51 m |
https://www.realtor.ca/real-estate/29250113/5459-ontario-avenue-niagara-falls-downtown-210-downtown
