$1,248,000
Available - For Sale
Listing ID: X12562496
5459 Ontario Avenue , Niagara Falls, L2E 3S4, Niagara
| Welcome to 5459 Ontario Ave - A Prime Investment Opportunity in Niagara Falls. Discover a fully stabilized, cash-flowing asset in one of Canada's most iconic tourist destinations. This detached home features five self-contained 1-bedroom suites and one 2-bedroom suite, offering six fully rented units - each partially furnished and occupied by reliable tenants who consistently pay on time. Situated on a 50 x 127 ft. lot, this well-maintained property includes two non-conforming basement apartments and rear parking for six vehicles. It provides a turnkey investment with strong rental performance and minimal ongoing management. Property Highlights include six fully leased units producing strong, consistent income. Excellent tenants in good standing with a history of on-time payment. 200-amp electrical service and roof replaced in 2016. This Unbeatable Location is Minutes to Casino Niagara, Clifton Hill, The Falls, 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 rare opportunity to acquire a fully stabilized, income-producing property in a high-demand rental market with exceptional long-term potential. Perfect for investors looking for reliable cashflow and strategic future upside. |
| Price | $1,248,000 |
| Taxes: | $6170.00 |
| Assessment Year: | 2025 |
| 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 | |
| Washroom Type 6 | 4 | |
| Washroom Type 7 | 4 | |
| Washroom Type 8 | 3 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 4 | |
| Washroom Type 12 | 4 | |
| Washroom Type 13 | 3 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 4 | |
| Washroom Type 17 | 4 | |
| Washroom Type 18 | 3 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 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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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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