For Sale · MLS# X13132744
Active

$998,000

5459 ONTARIO AVENUE

7Bedrooms 6Bathrooms 2,500Sq Ft

About this home

Welcome to 5459 Ontario Ave - A Prime Investment Opportunity in Niagara Falls. Discover a fullystabilized, cash-flowing asset in one of Canada's most iconic tourist destinations. Thisdetached home features five self-contained 1-bedroom suites and one 2-bedroom suite, offeringsix fully rented units - each partially furnished and occupied by reliable tenants whoconsistently pay on time. Situated on a 50 x 127 ft. lot, this well-maintained propertyincludes two non-conforming basement apartments and rear parking for six vehicles. It providesa turnkey investment with strong rental performance and minimal ongoing management. PropertyHighlights include six fully leased units producing strong, consistent income. Excellenttenants in good standing with a history of on-time payment. 200-amp electrical service and roofreplaced in 2016. This Unbeatable Location is Minutes to Casino Niagara, Clifton Hill, TheFalls, 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 rareopportunity to acquire a fully stabilized, income-producing property in a high-demand rentalmarket with exceptional long-term potential. Perfect for investors looking for reliable cashflow and strategic future upside. (id:66036)

Property facts

Property type
Fourplex
Building type
Fourplex
Living area
2,500 sqft
Lot size
50.1 x 127.9 FT
Lot frontage
50 ft ,1 in
Lot depth
127 ft ,10 in
Basement
N/A, N/A (Finished) Finished
Cooling
None

Listing courtesy of

RE/MAX EXPERTS
Listed by: ALFRED MARTINELLI
Phone: (905) 499-8800

The trademarks REALTOR®, REALTORS® and MLS® are controlled by The Canadian Real Estate Association (CREA). Listing data via CREA DDF®.

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