$ 564,000
5042 ONTARIO Avenue Niagara Falls, ON L2E3R9
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$ 564,000
Est. payment | /mo
3 Beds
2 Baths
1,555 SqFt
$ 564,000
Est. payment | /mo
3 Beds
2 Baths
1,555 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,555 sqft
Price per Sqft $362
Subdivision 210 - Downtown
MLS® Listing ID 40536832
Bedrooms 3
Originating Board Cornerstone - Mississauga
Year Built 1920
Property Description
Excellent investment opportunity to own a two-storey legal duplex (main floor & upper level) that is already fully rented by two AAA tenants. ( monthly rent $2820 includes heat, hydro & water). This downtown Niagara Falls property is a stone's throw from the Niagara River, minutes to the Casino, attractions and the USA. Both units have been professionally renovated, are freshly painted, and complete with vinyl plank flooring throughout. Main floor is one bedroom with a bright spacious kitchen, combined living room / dining room, and 9 foot ceiling. Entrance to the main floor unit is through the rear entrance mudroom with closet & large window. Upper unit is a bright, two bedroom spacious apartment with a large eat-in kitchen, and modern 3-piece bath featuring a glass shower. Common access basement has two dedicated storage units and laundry. Upper tenant is a long term tenant who is now month to month. Lower tenant has been in the unit since Feb 2024 (id:24570)
Location
Province ON
Interior
Heating Forced air,
Cooling None
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Re/Max REALTY SERVICES INC M
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Andy Katoch
Agent | License ID: LDKATOCAN