Welcome to 5459 Ontario Ave - A Prime Investment Opportunity in Niagara Falls. Discover a fully stabilized, cash-flowing asset in one of Canada's most iconic tourist destinations. This detached home features five self-contained 1-bedroom suites and one 2-bedroom suite, offering six fully rented units - each partially furnished and occupied by reliable tenants who consistently pay on time. Situated on a 50 x 127 ft. lot, this well-maintained property includes two non-conforming basement apartments and rear parking for six vehicles. It provides a turnkey investment with strong rental performance and minimal ongoing management. Property Highlights include six fully leased units producing strong, consistent income. Excellent tenants in good standing with a history of on-time payment. 200-amp electrical service and roof replaced in 2016. This Unbeatable Location is Minutes to Casino Niagara, Clifton Hill, The Falls, shopping, dining, and entertainment. Quick access to the USA border and Hwy 420.Peaceful residential street surrounded by parks, trails, and campsites. This is a rare opportunity to acquire a fully stabilized, income-producing property in a high-demand rental market with exceptional long-term potential. Perfect for investors looking for reliable cashflow and strategic future upside. (id:63879)
| MLS® Number | X12562496 |
| Property Type | Single Family |
| Community Name | 210 - Downtown |
| Equipment Type | Dryer(s) |
| Parking Space Total | 6 |
| Rental Equipment Type | Dryer(s) |
| Bathroom Total | 6 |
| Bedrooms Above Ground | 5 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 7 |
| Age | 51 To 99 Years |
| Appliances | Dishwasher, Microwave, Stove, Refrigerator |
| Basement Development | Finished |
| Basement Features | Apartment In Basement |
| Basement Type | N/a, N/a (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Aluminum Siding |
| Flooring Type | Laminate, Ceramic, Carpeted |
| Foundation Type | Concrete |
| Stories Total | 2 |
| Size Interior | 2,500 - 3,000 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 127 Ft ,10 In |
| Size Frontage | 50 Ft ,1 In |
| Size Irregular | 50.1 X 127.9 Ft |
| Size Total Text | 50.1 X 127.9 Ft |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Living Room | 3.55 m | 3.98 m | 3.55 m x 3.98 m |
| Second Level | Bedroom 4 | 3.08 m | 5.09 m | 3.08 m x 5.09 m |
| Second Level | Bedroom 5 | 2.46 m | 5.11 m | 2.46 m x 5.11 m |
| Second Level | Kitchen | 3.56 m | 3.98 m | 3.56 m x 3.98 m |
| Second Level | Living Room | 3.56 m | 3 m | 3.56 m x 3 m |
| Second Level | Bedroom 3 | 3.56 m | 5.09 m | 3.56 m x 5.09 m |
| Second Level | Kitchen | 3.55 m | 4.05 m | 3.55 m x 4.05 m |
| Lower Level | Kitchen | 4.34 m | 3.33 m | 4.34 m x 3.33 m |
| Lower Level | Bedroom | 4.34 m | 3.41 m | 4.34 m x 3.41 m |
| Lower Level | Kitchen | 4.23 m | 2.06 m | 4.23 m x 2.06 m |
| Lower Level | Bedroom 2 | 4.36 m | 3.3 m | 4.36 m x 3.3 m |
| Ground Level | Kitchen | 3.53 m | 3.99 m | 3.53 m x 3.99 m |
| Ground Level | Living Room | 3.53 m | 2.37 m | 3.53 m x 2.37 m |
| Ground Level | Bedroom | 3.53 m | 3.91 m | 3.53 m x 3.91 m |
| Ground Level | Kitchen | 2.29 m | 1.73 m | 2.29 m x 1.73 m |
| Ground Level | Living Room | 3.3 m | 3.23 m | 3.3 m x 3.23 m |
| Ground Level | Bedroom 2 | 3.53 m | 3.51 m | 3.53 m x 3.51 m |
https://www.realtor.ca/real-estate/29122133/5459-ontario-avenue-niagara-falls-downtown-210-downtown
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