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Royal LePage
Royal LePage
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$564,000

Niagara Falls ON, L2E 3R9

MLS® # X12177903

Property Information:

An incredible opportunity in the heart of Niagara Falls! This legal duplex offers versatility, charm, and reliable rental income-perfect for investors or those looking to live in on unit while renting the other. Situated just steps from the Niagara River, and minutes to Clifton Hill, the Casino, Go Station, and the USA border, this centrally located property features features two self-contained units with separate entrance and shared laundry/storage space in the basement. Main floor unit: A spacious one-bedroom layout with soaring 9-foot ceilings, a large , bright kitchen, a 4-piece bath and a mudroom with closet and window. This unit blends old-world charm with modern updates. Upper Unit: A sun-drenched two-bedroom unit with an open-concept kitchen and living room, and a modern feel throughout. Great natural light and functional living space. Additional Features: Professionally waterproofed basement with sump pump, shared laundry (new Washer 2025), two storage lockers for tenants + one for owner, updated electrical panel. Private, mature fenced yard. Both units are currently tenanted from long -term tenants with a month-to-month lease. Whether you're adding to your portfolio or house-hacking your way into the market, 5042 Ontario Avenue is a great opportunity. (id:27)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Basement Development: Unfinished
  • Basement Type: N/A
  • Exterior Finish: Stucco, Vinyl siding
  • Floor Space: 1500 - 2000 sqft
  • Flooring Type: Laminate
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Dryer, Two stoves, Washer

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 3
  • Bathrooms: 2
  • Amenities Nearby: Public Transit
  • Features: Carpet Free
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Landscape Features: Landscaped
  • Lot Depth: 125.0 Feet
  • Lot Frontage: 30.0 Feet
  • Lot Size: 30 x 125 FT
  • Structure Type: Porch, Shed
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

Rooms:

  • Kitchen 2nd Level 3.77 m x 3.66 m
  • Living 2nd Level 4.82 m x 2.36 m
  • Primary Bedroom 2nd Level 4.24 m x 2.26 m
  • Bathroom 2nd Level 3.40 m x 3.27 m
  • Kitchen Ground Level 3.94 m x 3.27 m
  • Mudroom Ground Level 1.96 m x 1.26 m
  • Living Ground Level 4.70 m x 3.44 m
  • Primary Bedroom Ground Level 3.48 m x 3.37 m
  • Foyer Ground Level 2.53 m x 2.23 m

Convert Measurement to:


Courtesy of: RE/MAX REALTY SERVICES INC.

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 5042 ONTARIO AVENUE, Niagara Falls, Ontario, L2E 3R9

Demographic Information of 5042 ONTARIO AVENUE, Niagara Falls, Ontario, L2E 3R9

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$78,181.13

Average Number of Children

1.56

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.48 %

High school certificate or equivalent

32.25 %

Apprenticeship trade certificate/diploma

4.42 %

College/non-university certificate

19.7 %

University Degree

21.15 %

Commuter

Travel To Work

By Car

84.72 %

By Public Transit

3.88 %

By Walking

5.17 %

By Bicycle

0.0 %

By Other Methods

6.23 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

28.94 %

Houses

71.06 %

Own Vs. Rent

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