5451 Ontario Avenue Niagara Falls, Ontario L2E 3S4
$1,198,000
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:61852)
Property Details
| MLS® Number | X12042535 |
| Property Type | Multi-family |
| Community Name | 210 - Downtown |
| ParkingSpaceTotal | 4 |
Building
| BathroomTotal | 5 |
| BedroomsAboveGround | 8 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 10 |
| Appliances | Dishwasher, Dryer, Furniture, Stove, Window Coverings, Refrigerator |
| BasementFeatures | Apartment In Basement |
| BasementType | N/a |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick |
| FlooringType | Vinyl, Ceramic |
| FoundationType | Stone |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 2000 - 2500 Sqft |
| Type | Duplex |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 127 Ft ,7 In |
| SizeFrontage | 50 Ft |
| SizeIrregular | 50 X 127.6 Ft |
| SizeTotalText | 50 X 127.6 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom 3 | 3.23 m | 3.89 m | 3.23 m x 3.89 m |
| Second Level | Kitchen | 3.23 m | 3.89 m | 3.23 m x 3.89 m |
| Second Level | Living Room | 3 m | 3.89 m | 3 m x 3.89 m |
| Second Level | Bedroom | 3.58 m | 3.61 m | 3.58 m x 3.61 m |
| Second Level | Bedroom 2 | 4.23 m | 3.61 m | 4.23 m x 3.61 m |
| Third Level | Kitchen | 3.3 m | 3.73 m | 3.3 m x 3.73 m |
| Third Level | Dining Room | 3 m | 3.53 m | 3 m x 3.53 m |
| Third Level | Bedroom | 3.15 m | 3.84 m | 3.15 m x 3.84 m |
| Third Level | Bedroom 2 | 3.15 m | 3.84 m | 3.15 m x 3.84 m |
| Third Level | Bedroom 3 | 3.15 m | 4.04 m | 3.15 m x 4.04 m |
| Third Level | Bedroom 4 | 3.02 m | 3.53 m | 3.02 m x 3.53 m |
| Basement | Kitchen | 2.59 m | 2.41 m | 2.59 m x 2.41 m |
| Basement | Bedroom | 2.26 m | 2.41 m | 2.26 m x 2.41 m |
| Basement | Bedroom 2 | 2.24 m | 4.04 m | 2.24 m x 4.04 m |
| Ground Level | Living Room | 3.66 m | 3.02 m | 3.66 m x 3.02 m |
| Ground Level | Living Room | 3.66 m | 3.02 m | 3.66 m x 3.02 m |
| Ground Level | Bedroom | 3.43 m | 2.41 m | 3.43 m x 2.41 m |
https://www.realtor.ca/real-estate/28076297/5451-ontario-avenue-niagara-falls-downtown-210-downtown
Interested?
Contact us for more information
Alfred Martinelli
Broker
277 Cityview Blvd Unit: 16
Vaughan, Ontario L4H 5A4
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
April 22 2025 09:31:05
Toronto Real Estate Board
RE/MAX Experts
