ON > Niagara Falls (downtown) > 210 - Downtown
Niagara Falls (downtown), ON L2E3S4,5451 ONTARIO AVENUE
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Niagara Falls (downtown), ON L2E3S4,5451 ONTARIO AVENUE
Niagara Falls (downtown), ON L2E3S4,5451 ONTARIO AVENUE
Niagara Falls (downtown), ON L2E3S4,5451 ONTARIO AVENUE
Niagara Falls (downtown), ON L2E3S4,5451 ONTARIO AVENUE
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Simon Danis

Simon Danis

+1(613) 413-5355
$ 1,198,000
Est. payment /mo
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Price Dropped by $100K

5451 ONTARIO AVENUE Niagara Falls (downtown), ON L2E3S4

10 Beds

5 Baths

2,000 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $599

Subdivision 210 - Downtown

MLS® Listing ID X12042535

Bedrooms 10

Originating Board Toronto Regional Real Estate Board

Property Description

Zoned R2 Prime Investment Opportunity. This well-maintained 2.5-story with four separate units is just minutes from the Niagara Falls tourist district, the Bridge to the USA, and Hwy 420, offering excellent accessibility and convenience. Situated in a predominantly residential area with a mix of multi-residential and bed and breakfast properties, this property benefits from Tourist Commercial Zoning nearby. Property Highlights: Four Fully Rented Units with strong rental income. Double-Wide Driveway Parking for four vehicles. Proximity to All Amenities - Shopping, dining, and entertainment are nearby. Ideal for Investors - Turnkey rental property with reliable cash flow. Unit #1 - 4 Bed, 2 Bath (3rd Floor) 986 sq. ft. Kitchen, dining, living area, Front & rear entry, Laminate, vinyl & hardwood flooring. Unit #2 - 3 Bed, 1 Bath (2nd Floor) 905 sq. ft. Kitchen, living room, New vinyl plank flooring & renovated bathroom. Front & rear entry. Unit #3 - Bachelor (Ground Floor) 341 sq. ft. Open-concept layout with kitchen & new 3-pc bath. Ceramic flooring throughout. Private ground-floor front entry. Unit #4 - 1 Bed, 1 Bath (Ground Floor, Partially Below Grade) 443 sq. ft. Kitchen, living room, bedroom & 3-pc bath. Vinyl plank & Ceramic flooring. Private side entry. (Financials and Property Improvements Attached.) Note: Zoning will allow for a Bed & Breakfast. Concept Plan attached. (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 3.23 m X 3.89 m Bedroom 3

Extra Room 2 Second level 3.23 m X 3.89 m Kitchen

Extra Room 3 Second level 3 m X 3.89 m Living room

Extra Room 4 Second level 3.58 m X 3.61 m Bedroom

Extra Room 5 Second level 4.23 m X 3.61 m Bedroom 2

Extra Room 6 Third level 3.3 m X 3.73 m Kitchen

Interior

Heating Forced air

Cooling Central air conditioning

Flooring Vinyl, Ceramic

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 2

Sewer Sanitary sewer

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Simon Danis

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+1(613) 413-5355

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5451 ONTARIO AVENUE