5042 Ontario Avenue Niagara Falls, Ontario L2E 3R9
$564,000
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:50584)
Property Details
| MLS® Number | 40536832 |
| Property Type | Multi-family |
| AmenitiesNearBy | Public Transit |
| Features | Sump Pump |
| ParkingSpaceTotal | 4 |
| Structure | Shed |
Building
| BathroomTotal | 2 |
| BedroomsTotal | 3 |
| BasementDevelopment | Unfinished |
| BasementType | Full (unfinished) |
| ConstructedDate | 1920 |
| CoolingType | None |
| ExteriorFinish | Stucco, Vinyl Siding |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 1555 Sqft |
| Type | Duplex |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Public Transit |
| Sewer | Municipal Sewage System |
| SizeDepth | 125 Ft |
| SizeFrontage | 30 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | Residential |
https://www.realtor.ca/real-estate/26477999/5042-ontario-avenue-niagara-falls
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November 19 2024 08:37:16
Mississauga Real Estate Board
RE/MAX Realty Services Inc M