5 Beds 6 Bath

5459 Ontario Avenue, Niagara Falls, ON L2E 3S4

Niagara Falls L2E 3S4 Ontario

MLS: X12562496

$1,248,000

Added 10 hours ago | For Sale

Listed by: RE/MAX EXPERTS

About Property

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.

Features

  • House Style:Detached
  • Bathrooms:6
  • Land Size: 50.12 X 127.88
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Niagara River Pkwy & Eastwood Cres
  • Basement:Apartment,Finished , Apartment,Finished
  • Possession Date:TBD
  • Annual Property taxes: $6170
  • Bedrooms:5 +2
  • Total Parking Spaces:6
  • Parking Places:6
  • Heating Type:Water
  • Pool Type:None
  • Exterior:
  • Direction Facing:North
  • Front Footage:
  • Listing ID:X12562496

Level Type Features Dimensions
Ground Kitchen Laminate, Large Window 11 ft, 7 in x 13 ft, 1 in
Living Room Laminate, Combined w/Kitchen 11 ft, 7 in x 7 ft, 9 in
Bedroom Laminate, Large Window 11 ft, 7 in x 12 ft, 10 in
Kitchen Ceramic Floor, W/O To Sundeck 7 ft, 6 in x 5 ft, 8 in
Living Room Laminate, Combined w/Kitchen 10 ft, 10 in x 10 ft, 7 in
Bedroom 2 Broadloom, Large Window 11 ft, 7 in x 11 ft, 6 in
Second Kitchen Ceramic Floor, W/O To Sundeck 11 ft, 8 in x 13 ft, 1 in
Living Room Laminate, Combined w/Kitchen 11 ft, 8 in x 9 ft, 10 in
Bedroom 3 Laminate, Large Window 11 ft, 8 in x 16 ft, 8 in
Kitchen Ceramic Floor, W/O To Sundeck 11 ft, 8 in x 13 ft, 3 in
Living Room Laminate, Large Window 11 ft, 8 in x 13 ft, 1 in
Bedroom 4 Laminate, Large Window 10 ft, 1 in x 16 ft, 8 in
Bedroom 5 Laminate, Large Window 8 ft, 1 in x 16 ft, 9 in
Lower Kitchen Laminate, Walk-Up 14 ft, 3 in x 10 ft, 11 in
Bedroom Laminate, Window 14 ft, 3 in x 11 ft, 2 in
Kitchen Laminate, Large Window 13 ft, 11 in x 6 ft, 9 in
Bedroom 2 Laminate, Window 14 ft, 4 in x 10 ft, 10 in

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