5459 Ontario Avenue, Niagara Falls, Ontario L2E 3S4

Listed for:
$1,248,000
7 beds
6 baths
Listed 41 days ago
Fourplex for rent: 5459 Ontario Avenue, Niagara Falls, Ontario L2E 3S4

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Learn more about this property
Listing provided by:
RE/MAX EXPERTS
MLS® number:
X12562496
Agent:
Alfred Martinelli
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About

Niagara River Pkwy & Eastwood Cres 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. (id:27476)

Property Highlights

MLS® Number
X12562496
Type
Multi-family
Community Name
210 - Downtown
Ownership Type
Freehold
Land Size
50.1 x 127.9 FT
Parking Space Total
6

Building

Building Type
Fourplex
Storeys
2.00
Square Footage
2500 - 3000 sqft
Bathrooms Total
6
Bedrooms Above Ground
5
Bedrooms Total
7
Exterior Finish
Aluminum siding
Fireplace Present
No
Basement Type
N/A, N/A (Finished)
Basement Features
Apartment in basement
Building Heating Type
Heating Fuel
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

Living room
Second level
3.55 m x 3.98 m
Bedroom 4
Second level
3.08 m x 5.09 m
Bedroom 5
Second level
2.46 m x 5.11 m
Kitchen
Second level
3.56 m x 3.98 m
Living room
Second level
3.56 m x 3 m
Bedroom 3
Second level
3.56 m x 5.09 m
Kitchen
Second level
3.55 m x 4.05 m
Kitchen
Lower level
4.34 m x 3.33 m
Bedroom
Lower level
4.34 m x 3.41 m
Kitchen
Lower level
4.23 m x 2.06 m
Bedroom 2
Lower level
4.36 m x 3.3 m
Kitchen
Ground level
3.53 m x 3.99 m
Living room
Ground level
3.53 m x 2.37 m
Bedroom
Ground level
3.53 m x 3.91 m
Kitchen
Ground level
2.29 m x 1.73 m
Living room
Ground level
3.3 m x 3.23 m
Bedroom 2
Ground level
3.53 m x 3.51 m

Location