$1,198,000
Available - For Sale
Listing ID: X12695386
5459 Ontario Avenue , Niagara Falls, L2E 3S4, Niagara
| 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. |
| Price | $1,198,000 |
| Taxes: | $6170.00 |
| Occupancy: | Tenant |
| Address: | 5459 Ontario Avenue , Niagara Falls, L2E 3S4, Niagara |
| Directions/Cross Streets: | Niagara River Pkwy & Eastwood Cres |
| Rooms: | 13 |
| Rooms +: | 5 |
| Bedrooms: | 5 |
| Bedrooms +: | 2 |
| Family Room: | F |
| Basement: | Apartment, Finished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Ground | Kitchen | 11.58 | 13.09 | Laminate, Large Window |
| Room 2 | Ground | Living Ro | 11.58 | 7.77 | Laminate, Combined w/Kitchen |
| Room 3 | Ground | Bedroom | 11.58 | 12.82 | Laminate, Large Window |
| Room 4 | Ground | Kitchen | 7.51 | 5.67 | Ceramic Floor, W/O To Sundeck |
| Room 5 | Ground | Living Ro | 10.82 | 10.59 | Laminate, Combined w/Kitchen |
| Room 6 | Ground | Bedroom 2 | 11.58 | 11.51 | Broadloom, Large Window |
| Room 7 | Second | Kitchen | 11.68 | 13.05 | Ceramic Floor, W/O To Sundeck |
| Room 8 | Second | Living Ro | 11.68 | 9.84 | Laminate, Combined w/Kitchen |
| Room 9 | Second | Bedroom 3 | 11.68 | 16.7 | Laminate, Large Window |
| Room 10 | Second | Kitchen | 11.64 | 13.28 | Ceramic Floor, W/O To Sundeck |
| Room 11 | Second | Living Ro | 11.64 | 13.05 | Laminate, Large Window |
| Room 12 | Second | Bedroom 4 | 10.1 | 16.7 | Laminate, Large Window |
| Room 13 | Second | Bedroom 5 | 8.07 | 16.76 | Laminate, Large Window |
| Room 14 | Lower | Kitchen | 14.24 | 10.92 | Laminate, Walk-Up |
| Room 15 | Lower | Bedroom | 14.24 | 11.18 | Laminate, Window |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | |
| Washroom Type 2 | 4 | |
| Washroom Type 3 | 3 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 51-99 |
| Property Type: | Fourplex |
| Style: | 2-Storey |
| Exterior: | Aluminum Siding |
| Garage Type: | None |
| Drive Parking Spaces: | 6 |
| Pool: | None |
| Approximatly Age: | 51-99 |
| Approximatly Square Footage: | 2500-3000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Water |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX EXPERTS |
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|
Rocky Li
Realtor
Dir:
416-567-3688
Bus:
905-604-6855
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At a Glance:
| Type: | Freehold - Fourplex |
| Area: | Niagara |
| Municipality: | Niagara Falls |
| Neighbourhood: | 210 - Downtown |
| Style: | 2-Storey |
| Approximate Age: | 51-99 |
| Tax: | $6,170 |
| Beds: | 5+2 |
| Baths: | 6 |
| Fireplace: | N |
| Pool: | None |
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