5451 ONTARIO AVENUE Active Save Request In-Person Tour Request Virtual Tour
Niagara Falls (210 - Downtown),ON L2E3S4
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,999 sqft
Price per Sqft $649
Subdivision 210 - Downtown
MLS Listing ID X12042535
Bedrooms 10
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 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
Interior
Heating Forced air
Cooling Central air conditioning
Flooring Vinyl,Ceramic
Exterior
Parking Features No
View Y/N No
Building
Story 2
Sewer Sanitary sewer