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$ 980,000
$ 1,098,000 10.7%
Est. payment /mo
Sold on 07/26/2025
5451 Ontario AVE Niagara Falls, ON L2E 3S4
10 Beds
5 Baths
UPDATED:
Key Details
Sold Price $980,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 210 - Downtown
MLS Listing ID X12155057
Sold Date 07/25/25
Style 2-Storey
Bedrooms 10
Annual Tax Amount $3,915
Tax Year 2024
Property Sub-Type Duplex
Property Description
Zoned R2 Prime Investment Opportunity. This well-maintained 2.5-story converted fourplex 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 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-pcbath 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.
Location
State ON
County Niagara
Community 210 - Downtown
Area Niagara
Rooms
Family Room No
Basement Apartment
Kitchen 4
Separate Den/Office 2
Interior
Interior Features Other
Cooling Central Air
Exterior
Parking Features Private Double
Pool None
Roof Type Asphalt Shingle
Lot Frontage 50.0
Lot Depth 127.6
Total Parking Spaces 4
Building
Foundation Stone
Others
Senior Community No
Listed by RE/MAX EXPERTS