5451 Ontario Avenue, Niagara Falls (210 – Downtown), Ontario L2E 3S4 (28076297)


LOADING

10 Bedroom 5 Bathroom 2,000 - 2,500 ft2
Central Air Conditioning Forced Air

$1,298,000

Zoned R2 Prime Investment Opportunity. This well-maintained 2.5-story converted fourplex is just minutes from the Niagara Falls tourist district, the Bridge to the USA, and Hwy 420, offering excellent accessibility and convenience. Situated in a predominantly residential area with a mix of multi-residential and bed and breakfast properties, this property benefits from Tourist Commercial Zoning nearby. Property Highlights: Four Fully Rented Units with strong rental income. Double-Wide Driveway Parking for four vehicles. Proximity to All Amenities - Shopping, dining, and entertainment are nearby. Ideal for Investors - Turnkey rental property with reliable cash flow. Unit #1 - 4 Bed, 2 Bath (3rd Floor) 986 sq. ft. Kitchen, dining, living area, Front & rear entry, Laminate, vinyl & hardwood flooring. Unit #2 - 3 Bed, 1 Bath (2nd Floor) 905 sq. ft. Kitchen, living room, New vinyl plank flooring & renovated bathroom. Front & rear entry. Unit #3 - Bachelor (Ground Floor) 341 sq. ft. Open-concept layout with kitchen & new 3-pc bath. Ceramic flooring throughout. Private ground-floor front entry. Unit #4 - 1 Bed, 1 Bath (Ground Floor, Partially Below Grade) 443 sq. ft. Kitchen, living room, bedroom & 3-pc bath. Vinyl plank & Ceramic flooring. Private side entry. (Financials and Property Improvements Attached.) Note: Zoning will allow for a Bed & Breakfast. Concept Plan attached. (id:54662)

Property Details

MLS® Number X12042535
Property Type Multi-family
Community Name 210 - Downtown
Parking Space Total 4

Building

Bathroom Total 5
Bedrooms Above Ground 8
Bedrooms Below Ground 2
Bedrooms Total 10
Appliances Dishwasher, Dryer, Furniture, Stove, Window Coverings, Refrigerator
Basement Features Apartment In Basement
Basement Type N/a
Cooling Type Central Air Conditioning
Exterior Finish Brick
Flooring Type Vinyl, Ceramic
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2,000 - 2,500 Ft2
Type Duplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 127 Ft ,7 In
Size Frontage 50 Ft
Size Irregular 50 X 127.6 Ft
Size Total Text 50 X 127.6 Ft

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Alfred Martinelli
Broker

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