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$ 564,000
Est. payment /mo
New
5042 Ontario AVE Niagara Falls, ON L2E 3R9
3 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 210 - Downtown
MLS Listing ID X12177903
Style 2-Storey
Bedrooms 3
Annual Tax Amount $2,862
Tax Year 2024
Property Sub-Type Duplex
Property Description
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.
Location
State ON
County Niagara
Community 210 - Downtown
Area Niagara
Rooms
Family Room No
Basement Unfinished
Kitchen 2
Interior
Interior Features Carpet Free
Cooling None
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Landscaped, Privacy, Porch
Parking Features Front Yard Parking
Pool None
Roof Type Asphalt Shingle
Lot Frontage 30.0
Lot Depth 125.0
Total Parking Spaces 4
Building
Unit Features Public Transit
Foundation Concrete
Others
Virtual Tour https://sites.odyssey3d.ca/mls/191999076
Listed by RE/MAX REALTY SERVICES INC.