5451 Ontario Ave, Niagara Falls, Ontario L2E 3S4
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
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Price/Sqft-
Est. Mortgage$5,574/mo
Tax Amount (2024)$3,916/yr
Days On Market5 days
Description
Zoned R2 Prime Investment Opportunity. This well-maintained 2.5-story converted fourplex is just minutes from the Niagara Falls tourist district, the Bridge to the USA, and Hwy 420, offering excellent accessibility and convenience. Situated in a predominantly residential area with a mix of multi-residential and bed and breakfast properties, this property benefits from Tourist Commercial Zoning nearby. Property Highlights: Four Fully Rented Units with strong rental income. Double-Wide Driveway Parking for four vehicles. Proximity to All Amenities - Shopping, dining, and entertainment are nearby. Ideal for Investors - Turnkey rental property with reliable cash flow. Unit #1 - 4 Bed, 2 Bath (3rd Floor) 986 sq. ft. Kitchen, dining, living area, Front & rear entry, Laminate, vinyl & hardwood flooring. Unit #2 - 3 Bed, 1 Bath (2nd Floor) 905 sq. ft. Kitchen, living room, New vinyl plank flooring & renovated bathroom. Front & rear entry. Unit #3 - Bachelor (Ground Floor) 341 sq. ft. Open-concept layout with kitchen & new 3-pc bath. Ceramic flooring throughout. Private ground-floor front entry. Unit #4 - 1 Bed, 1 Bath (Ground Floor, Partially Below Grade) 443 sq. ft. Kitchen, living room, bedroom & 3-pc bath. Vinyl plank & Ceramic flooring. Private side entry. (Financials and Property Improvements Attached.) Note: Zoning will allow for a Bed & Breakfast. Concept Plan attached.
Property Details
Interior
Features
3rd Floor
Dining
3.0 x 3.53Vinyl Floor / Window / O/Looks Frontyard
Br
3.15 x 3.84Vinyl Floor / Window / Closet
2nd Br
3.15 x 3.84Vinyl Floor / Window / Closet
3rd Br
3.15 x 4.04Vinyl Floor / W/O To Balcony / Closet
Exterior
Features
Parking
Garage spaces -
Garage type -
Total parking spaces 4
Property History



