7 hours on Market

5459 Ontario Ave, Niagara Falls, Ontario L2E 3S4

Detached
5 + 2
6
~2500-3000 sqft
$1,248,000
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Detached
5 + 2
6
~2500-3000 sqft

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Highlights

Property Estimate

Days on market7 hours

Estimated valueNot available

Price/Sqft$458/sqft

Monthly cost

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Description

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.


Property Details

Style2-Storey
View-
Age of property51-99
SqFt~2500-3000 SqFt
Lot Size6,409 SqFt(127.88 x 50.12)
Parking Spaces6
MLS ®NumberX12562496
Community NameDrummond / Victoria
Data SourceTRREB
Listing byRE/MAX EXPERTS

Features

Heating: Water
Basement: Apartment, Finished

2nd Floor

Kitchen

3.56 x 3.98

Ceramic Floor / W/O To Sundeck

Living

3.56 x 3.0

Laminate / Combined W/Kitchen

3rd Br

3.56 x 5.09

Laminate / Large Window

Kitchen

3.55 x 4.05

Ceramic Floor / W/O To Sundeck


Features

Lot size: 6,409 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property listed by RE/MAX EXPERTS, Brokerage
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Market Data - Drummond / Victoria

Geo Zone Map ThumbnailDrummond / Victoria

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

34 days

Compared to

2024

40 days

2023

29 days

2022

28 days

New Listings

Past 30 days

40 listings

Compared to

2024

50 listings

2023

46 listings

2022

45 listings

Units sold

Past 30 days

23 units

Compared to

2024

25 units

2023

20 units

2022

14 units

Median Sold Price

Past 30 days

$510,000

Compared to

2024

$545,000

2023

$538,000

2022

$567,500


Population and Demographics

Overview

Total population 19892
Average household income $83,057

Age (%)

0 to 19
18%
20 to 34
21%
35 to 49
18%
50 to 64
21%
65 and plus
22%

Household composition (%)

Single family
55%
Single person
37%
Multi person
7%
Multi family
1%

Mother tongue (%)

English
81%
Others
4%
Italian
3%
Tagalog (Pilipino, Filipino)
3%
French
2%
Punjabi (Panjabi)
2%
Spanish
2%

House tenancy (%)

Owners
56%
Renters
44%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget