Niagara Falls (Clifton Hill) ON, L2G 3R7
Property Information:
Prime Investment with Severance Potential! Welcome to 5464 Lewis Avenue, in the heart of Niagara Falls. This renovated triplex offers 5 bedrooms across three fully rented units, an ideal turn-key investment. Extensively updated just three years ago with over $150,000 in renovations, including a new roof and modern finishes throughout, each unit has been thoughtfully refreshed to attract quality tenants and maximize rental income. Sitting on a massive lot, this property also presents rare future development potential. The seller is only one step away from completing the severance process, positioning this as not just an immediate income generator, but also a future growth opportunity for savvy buyers. With all units currently occupied, major upgrades complete, and severance nearly finalized, this triplex is a true gem in Niagara Falls. Whether you're expanding your rental portfolio or looking to capitalize on redevelopment, 5464 Lewis Avenue offers exceptional value and opportunity. (id:27)
Building Features:
- Style: Multiplex
- Building Type: Triplex
- Basement Type: Full
- Exterior Finish: Vinyl siding
- Fireplace: Yes
- Floor Space: 1100 - 1500 sqft
- Foundation Type: Concrete
- Heating Type: Forced air
- Heating Fuel: Natural gas
- Cooling Type: Central air conditioning
Property Features:
- Property Type: Multi-family
- Bedrooms: 5
- Bathrooms: 4
- Half Bathrooms: 1
- Floor Space (approx): 1100 - 1500 Square Feet
- Irregular: Yes
- Lot Size: 67.6 x 140 Acre
- Zoning: DTC
- Sewer: Sanitary sewer
- Parking Type: No Garage
- No. of Parking Spaces: 2
Rooms:
- Bedroom 2nd Level 3.45 m x 4.79 m 11.32 ft x 15.72 ft
- Dining 2nd Level 1.66 m x 2.58 m 5.45 ft x 8.46 ft
- Kitchen 2nd Level 1.73 m x 2.58 m 5.68 ft x 8.46 ft
- Living 2nd Level 1.58 m x 3.07 m 5.18 ft x 10.07 ft
- Bathroom 2nd Level 1.51 m x 1.89 m 4.95 ft x 6.20 ft
- Bathroom Basement Level 2.52 m x 2.17 m 8.27 ft x 7.12 ft
- Bedroom Basement Level 2.97 m x 2.97 m 9.74 ft x 9.74 ft
- Kitchen Basement Level 3.16 m x 3.10 m 10.37 ft x 10.17 ft
- Bedroom Basement Level 2.99 m x 3.18 m 9.81 ft x 10.43 ft
- Recreation Room Basement Level 2.54 m x 8.15 m 8.33 ft x 26.74 ft
- Utility Basement Level 1.92 m x 1.71 m 6.30 ft x 5.61 ft
- Other Lower Level 5.40 m x 16.57 m 17.72 ft x 54.36 ft
- Other Lower Level 2.83 m x 5.73 m 9.28 ft x 18.80 ft
- Other Lower Level 2.71 m x 7.42 m 8.89 ft x 24.34 ft
- Bathroom Main Level 2.42 m x 0.90 m 7.94 ft x 2.95 ft
- Bathroom Main Level 1.45 m x 2.62 m 4.76 ft x 8.60 ft
- Bedroom Main Level 2.36 m x 3.60 m 7.74 ft x 11.81 ft
- Dining Main Level 3.54 m x 1.68 m 11.61 ft x 5.51 ft
- Foyer Main Level 5.55 m x 1.91 m 18.21 ft x 6.27 ft
- Kitchen Main Level 3.73 m x 2.86 m 12.24 ft x 9.38 ft
- Living Main Level 3.41 m x 3.94 m 11.19 ft x 12.93 ft
- Bedroom Main Level 2.57 m x 4.16 m 8.43 ft x 13.65 ft
- Other Main Level 2.22 m x 1.56 m 7.28 ft x 5.12 ft
Convert Measurement to:
Courtesy of: Real Broker Ontario Ltd.
⚠ Potential Investment Performance
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Market Price Trends
Location of 5464 LEWIS AVENUE, Niagara Falls (Clifton Hill), Ontario, L2G 3R7
Demographic Information of 5464 LEWIS AVENUE, Niagara Falls (Clifton Hill), Ontario, L2G 3R7
Life Stage
Young CouplesEmployment Type
Blue Collar/Primary, Blue Collar/Service SectorAverage Household Income
$78,561.02Average Number of Children
1.55Household Population
Household Structure
Age of Population
Education
Education Level
No certificate/diploma/degree
21.34 %High school certificate or equivalent
32.23 %Apprenticeship trade certificate/diploma
6.18 %College/non-university certificate
20.21 %University certificate (below bachelor)
0.47 %University Degree
19.56 %Commuter
Travel To Work
By Car
90.04 %By Public Transit
0.0 %By Walking
5.14 %By Bicycle
0.0 %By Other Methods
4.82 %Cultural Diversity
Knowledge of Official Language
Mother Tongue
Building Information
Building Type
Apartments (Low and High Rise)
21.35 %Houses
78.65 %