$1,198,000

5459 Ontario Avenue, Niagara Falls (downtown), Ontario

7

Beds

6

Baths

2,500

Square feet

X12695386

MLS® Number

88

Days on Website

For Sale

Listing Type

$1,198,000 | Downtown Niagara Falls (downtown) Fourplex for Sale at 5459 Ontario Avenue Niagara Falls (downtown)

Welcome to 5459 Ontario Ave - A Prime Investment Opportunity in Niagara Falls. Discover a fullystabilized, cash-flowing asset in one of Canada's most iconic tourist destinations. Thisdetached home features five self-contained 1-bedroom suites and one 2-bedroom suite, offeringsix fully rented units - each partially furnished and occupied by reliable tenants whoconsistently pay on time. Situated on a 50 x 127 ft. lot, this well-maintained propertyincludes two non-conforming basement apartments and rear parking for six vehicles. It providesa turnkey investment with strong rental performance and minimal ongoing management. PropertyHighlights include six fully leased units producing strong, consistent income. Excellenttenants in good standing with a history of on-time payment. 200-amp electrical service and roofreplaced in 2016. This Unbeatable Location is Minutes to Casino Niagara, Clifton Hill, TheFalls, 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 rareopportunity to acquire a fully stabilized, income-producing property in a high-demand rentalmarket with exceptional long-term potential. Perfect for investors looking for reliable cashflow and strategic future upside. (id:6289)

Financial and Mortgage

List Price $1,198,000
Original Price $1,198,000
Monthly Payment $4,995/month
Get Prequalified
Days on Website 88
Price per square foot $479

5459 Ontario Avenue Details

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Construction and Lot

Square Footage 2,500
Bedrooms 7
Bathrooms 6.00
Parking Spaces 6
Parking No Garage
Has Basement Yes
Basement Apartment in basement
Foundation Concrete
Cooling None
Exterior Aluminum siding
# of Stories 2

Exterior of 5459 Ontario Avenue

Type Multi-family

Interior

Appliances Microwave, Stove, Refrigerator
Fireplace No

Measurements

Square Footage 2,500

Downtown Information

About Downtown in Niagara Falls (downtown)

Address 5459 Ontario Avenue
Subdivision Downtown
City Niagara Falls (downtown)
Province Ontario
Postal Code L2E3S4
Office/Brokerage RE/MAX EXPERTS

Downtown Map, Demographics, Characteristics

Book a Viewing of 5459 Ontario Avenue and other Downtown homes.

See 5459 Ontario Avenue and other Downtown homes for sale! Call 1 (866) 255-9555 to book a viewing of MLS® #X12695386 5459 Ontario Avenue in Downtown, Niagara Falls (downtown) Ontario, or fill out the form below. Looking for more Downtown homes for sale in Niagara Falls (downtown)? Our top Niagara Falls (downtown) real estate specialists are ready to help you buy or sell in the Downtown area. Contact us today!

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