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5459 Ontario Avenue Niagara Falls, Ontario L2E 3S4

7 Bedroom 6 Bathroom 2500 - 3000 sqft
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:61852)

Property Details

MLS® Number X12695386
Property Type Multi-family
Community Name 210 - Downtown
ParkingSpaceTotal 6

Building

BathroomTotal 6
BedroomsAboveGround 5
BedroomsBelowGround 2
BedroomsTotal 7
Age 51 To 99 Years
Appliances Microwave, Stove, Refrigerator
BasementDevelopment Finished
BasementFeatures Apartment In Basement
BasementType N/a, N/a (finished)
CoolingType None
ExteriorFinish Aluminum Siding
FlooringType Laminate, Ceramic, Carpeted
FoundationType Concrete
StoriesTotal 2
SizeInterior 2500 - 3000 Sqft
Type Fourplex
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 127 Ft ,10 In
SizeFrontage 50 Ft ,1 In
SizeIrregular 50.1 X 127.9 Ft
SizeTotalText 50.1 X 127.9 Ft

Rooms

Level Type Dimensions
Second Level Living Room 3.55 m x 3.98 m
Second Level Bedroom 4 3.08 m x 5.09 m
Second Level Bedroom 5 2.46 m x 5.11 m
Second Level Kitchen 3.56 m x 3.98 m
Second Level Living Room 3.56 m x 3 m
Second Level Bedroom 3 3.56 m x 5.09 m
Second Level Kitchen 3.55 m x 4.05 m
Lower Level Kitchen 4.34 m x 3.33 m
Lower Level Bedroom 4.34 m x 3.41 m
Lower Level Kitchen 4.23 m x 2.06 m
Lower Level Bedroom 2 4.36 m x 3.3 m
Ground Level Kitchen 3.53 m x 3.99 m
Ground Level Living Room 3.53 m x 2.37 m
Ground Level Bedroom 3.53 m x 3.91 m
Ground Level Kitchen 2.29 m x 1.73 m
Ground Level Living Room 3.3 m x 3.23 m
Ground Level Bedroom 2 3.53 m x 3.51 m

https://www.realtor.ca/real-estate/29250113/5459-ontario-avenue-niagara-falls-downtown-210-downtown

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Alfred Martinelli
Broker


RE/MAX Experts
277 Cityview Blvd Unit 16
Vaughan, Ontario L4H 5A4

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