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5459 Ontario Avenue Niagara Falls, Ontario L2E 3S4

7 Bedroom 6 Bathroom 2500 - 3000 sqft
None

$1,248,000

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:60365)

Property Details

MLS® Number X12562496
Property Type Single Family
Community Name 210 - Downtown
ParkingSpaceTotal 6

Building

BathroomTotal 6
BedroomsAboveGround 5
BedroomsBelowGround 2
BedroomsTotal 7
Age 51 To 99 Years
Appliances Microwave, Stove, Refrigerator
BasementDevelopment Finished
BasementFeatures Apartment In Basement
BasementType N/a, N/a (finished)
ConstructionStyleAttachment Detached
CoolingType None
ExteriorFinish Aluminum Siding
FlooringType Laminate, Ceramic, Carpeted
FoundationType Concrete
StoriesTotal 2
SizeInterior 2500 - 3000 Sqft
Type House
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 127 Ft ,10 In
SizeFrontage 50 Ft ,1 In
SizeIrregular 50.1 X 127.9 Ft
SizeTotalText 50.1 X 127.9 Ft

Rooms

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

https://www.realtor.ca/real-estate/29122133/5459-ontario-avenue-niagara-falls-downtown-210-downtown

Alfred Martinelli
Broker


RE/MAX Experts
277 Cityview Blvd Unit 16
Vaughan, Ontario L4H 5A4

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