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$ 1,198,000
Est. payment /mo
New
5459 ONTARIO AVENUE Niagara Falls (downtown), ON L2E3S4
7 Beds
6 Baths
2,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $479
Subdivision 210 - Downtown
MLS® Listing ID X12695386
Bedrooms 7
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:24570)
Location
Province ON
Rooms
Kitchen 6.0
Extra Room 1 Second level 3.55 m X 3.98 m Living room
Extra Room 2 Second level 3.08 m X 5.09 m Bedroom 4
Extra Room 3 Second level 2.46 m X 5.11 m Bedroom 5
Extra Room 4 Second level 3.56 m X 3.98 m Kitchen
Extra Room 5 Second level 3.56 m X 3 m Living room
Extra Room 6 Second level 3.56 m X 5.09 m Bedroom 3
Interior
Cooling None
Flooring Laminate, Ceramic, Carpeted
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 6
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by RE/MAX EXPERTS