5459 ONTARIO AVENUE new Save Request In-Person Tour Request Virtual Tour
Niagara Falls (downtown),ON L2E3S4
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $499
Subdivision 210 - Downtown
MLS Listing ID X12562496
Bedrooms 7
Property Sub-Type Freehold
Source Toronto Regional Real Estate Board
Property Description
Welcome to 5459 Ontario Ave - A Prime Investment Opportunity in Niagara Falls. Discover a fully stabilized, cash-flowing asset in one of Canada's most iconic tourist destinations. This detached home features five self-contained 1-bedroom suites and one 2-bedroom suite, offering six fully rented units - each partially furnished and occupied by reliable tenants who consistently pay on time. Situated on a 50 x 127 ft. lot, this well-maintained property includes two non-conforming basement apartments and rear parking for six vehicles. It provides a turnkey investment with strong rental performance and minimal ongoing management. Property Highlights include six fully leased units producing strong, consistent income. Excellent tenants in good standing with a history of on-time payment. 200-amp electrical service and roof replaced in 2016. This Unbeatable Location is Minutes to Casino Niagara, Clifton Hill, The Falls, 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 rare opportunity to acquire a fully stabilized, income-producing property in a high-demand rental market 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
Others
Ownership Freehold
Virtual Tour https://www.youtube.com/watch?v=s-eZudqvyJ8