Tom Linkletter

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5042 ONTARIO Avenue, Niagara Falls, Ontario

$564,000

3 Beds
2 Baths
1,555 Square Feet

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:23309)

Listing ID: 40536832
Property Type: Multi-family
Year Built: 1920

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Details

Amenities Nearby: Public Transit
Features: Sump Pump
Ownership: Freehold
Parking Spaces: 4
Structure: Shed
Transaction: For sale
Zoning Description: Residential

Building

BasementType: Full (Unfinished)
Basement Development: Unfinished
Constructed Date: 1920
Cooling: None
Exterior Finish: Stucco, Vinyl siding
Fireplace Present: False
Bathrooms (Total): 2
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1555 sqft
Stories Total: 2
Type: Duplex
Utility Water: Municipal water

Land

Amenities: Public Transit
Sewer: Municipal sewage system
Size Frontage: 30 ft

Listing provided by Re/Max REALTY SERVICES INC M
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 5042 ONTARIO Avenue in Niagara Falls Ontario. It was last modified on April 18th, 2024. Contact Tom Linkletter to schedule a viewing or to discover other Niagara Falls real estate for sale.

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