A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, city buildings view from balcony for 5464 Lewis Ave, Niagara Falls Ontario L2G 3R7
4 days on Market

5464 Lewis Ave, Niagara Falls, Ontario L2G 3R7

Townhouse
5
4
~1100-1500 sqft
$1,250,000
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Townhouse
5
4
~1100-1500 sqft

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Highlights

Property Estimate

Days on market4 days

Estimated valueNot available

Price/Sqft$985/sqft

Monthly cost

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Description

Prime Investment with Severance Potential! Welcome to 5464 Lewis Avenue, in the heart of Niagara Falls. This renovated triplex offers 5 bedrooms across three fully rented units, an ideal turn-key investment. Extensively updated just three years ago with over $150,000 in renovations, including a new roof and modern finishes throughout, each unit has been thoughtfully refreshed to attract quality tenants and maximize rental income. Sitting on a massive lot, this property also presents rare future development potential. The seller is only one step away from completing the severance process, positioning this as not just an immediate income generator, but also a future growth opportunity for savvy buyers. With all units currently occupied, major upgrades complete, and severance nearly finalized, this triplex is a true gem in Niagara Falls. Whether you're expanding your rental portfolio or looking to capitalize on redevelopment, 5464 Lewis Avenue offers exceptional value and opportunity.


Property Details

StyleOther
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size9,464 Ac(140 x 67.6)
Parking Spaces2
MLS ®NumberX12424757
Community NameDrummond / Victoria
Data SourceTRREB
Listing byReal Broker Ontario Ltd.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Full

Main Floor

Bathroom

2.42 x 0.9

2 Pc Bath

Bathroom

1.45 x 2.62

3 Pc Bath

Br

2.36 x 3.6

Dining

3.54 x 1.68


Features

Lot size: 9,464 Ac

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

Sep 25, 2025
ListedActive
$1,250,000
4 days on market
history photo preview30
Listing by trreb®
Property listed by Real Broker Ontario Ltd., Brokerage
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Market Data - Drummond / Victoria

Geo Zone Map ThumbnailDrummond / Victoria

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

45 days

Compared to

2024

40 days

2023

13 days

2022

47 days

New Listings

Past 30 days

6 listings

Compared to

2024

5 listings

2023

10 listings

2022

4 listings

Units sold

Past 30 days

2 units

Compared to

2024

3 units

2023

2 units

2022

1 unit

Median Sold Price

Past 30 days

$686,500

Compared to

2024

$580,000

2023

$662,500

2022

$627,500


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