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Home ON St. Catharines - Niagara Niagara Region Niagara Falls Drummond - Victoria
5459 ONTARIO AVENUE
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5459 ONTARIO AVENUE $1,248,000
$1,248,000
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5459 ONTARIO AVENUE
Niagara Falls (Downtown), Ontario L2E3S4

MLS® Number: X12562496
5 + 2
Bedrooms
6
Bathrooms
2500 - 3000
Square Feet

Listing Description

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. (41684629)

Location Description

Niagara River Pkwy & Eastwood Cres

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Storeys
2
Square Footage
2500 - 3000 sqft
Community Name
210 - Downtown
Land Size
50.1 x 127.9 FT
Age Of Building
51 to 99 years
Annual Property Taxes
$6,170
Parking Type
No Garage
Time on REALTOR.ca
25 days

Building

Bedrooms
Above Grade
5
Below Grade
2
Bathrooms
Total
6
Interior Features
Appliances Included
Dishwasher, Microwave, Stove, Refrigerator
Flooring
Laminate, Ceramic, Carpeted
Basement Features
Apartment in basement
Basement Type
Finished
Building Features
Foundation Type
Concrete
Rental Equipment
Dryer(s)
Heating & Cooling
Cooling
None
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Aluminum siding
Parking
Parking Type
No Garage
Total Parking Spaces
6

Measurements

Square Footage
2500 - 3000 sqft

Rooms

MetricImperial
Second level
Living room
Bedroom 4
Bedroom 5
Kitchen
Living room
Bedroom 3
Kitchen
Lower level
Kitchen
Bedroom
Kitchen
Bedroom 2
Ground level
Kitchen
Living room
Bedroom
Kitchen
Living room
Bedroom 2

Land

Lot Features
Frontage
50 ft ,1 in
Land Depth
127 ft ,10 in
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