39
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$1,298,000
Est. payment /mo
10 Beds
5 Baths
1,999 SqFt
Active
5451 ONTARIO AVENUE Niagara Falls (210 - Downtown), ON L2E3S4
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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
Originating Board Toronto Regional Real Estate Board
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
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
Listed by RE/MAX EXPERTS
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