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$564,000
Status: For Sale
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
| Property Type | :Residential Income |
|---|---|
| MLS Number | :40536832 |
| Listing Type | :Sale |
| Property Age | :100+ Years |
| Possession Date | : |
| Last Updated | :20 Nov, 2024 (2 Days ago) |
| Source | :Mississauga |
| Area | :Niagara |
|---|---|
| City | :Niagara Falls |
| Area Major | :Niagara Falls |
| Area Minor | :210 - Downtown |
| Postal Code | :
L2E 3R9
|
| Directions | :One block east of Niagara River Parkway, south of Simcoe Street |
| Price | : $564,000 |
|---|---|
| Property Taxes | :$2739.21 |
| Tax Year | :2023 |
|---|
| Bedrooms | :3 + |
|---|---|
| Heating | :Forced Air |
| Place of Worship | :No |
| Bathrooms | :2 |
|---|---|
| Approx Square Footage | :1555 sqft |
19 Nov, 2024
TREB #40536832
Price Change
$564000
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$564,000
5042 Ontario Avenue, Niagara, ON
Listing ID #40536832
Price drop by $5,000
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Price drop by $5,000