Frontside or backside of a home, cottage for 5748 Leonard Ave, Niagara Falls Ontario L2G 4R1
85 days on Market

5748 Leonard Ave, Niagara Falls, Ontario L2G 4R1

Townhouse
-
3
~2444 sqft
$699,000
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Townhouse
-
3
~2444 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$286/sqft

Est. Mortgage$3,002/mo

Tax Amount (2023)$3,025/yr

Days On Market85 days


Description

Prime Investment Opportunity in a Highly Sought-After Location! Discover this exceptionally well-located investment property, perfectly positioned near the vibrant Lundy's Lane tourist area. Enjoy the convenience of being close to popular restaurants, shopping centers, public transit, schools, parks, and major tourist destinations, with easy highway access. This property is zoned R2 and offers a versatile duplex setup with an additional 2-bedroom suite in the basement. Each unit features 2 bedrooms and private entrances, providing comfort and privacy for all occupants. The property is fully occupied, month-to-month tenants. Tenants pay their own hydro, with three separate hydro meters in place. Rent for the main floor unit includes heat, water, and internet, adding extra value. Maximize your investment potential with the detached double garage, Previously leased as a workshop or storage space, it comes equipped with a separate panel that can be reconnected to the hydro meter, along with water and sewer pipes that are currently capped off. Additional features include a partially fenced yard and a storage shed behind the garage. This property is available immediately with tenants in place, offering an excellent opportunity for savvy investors to make the most of their investment dollars. Don't miss out on this fantastic property in a prime location!


Property Details

StyleResidential Income
View-
Age of property1910
SqFt~2444 SqFt
Lot Size6,538 SqFt(130.76 x 50)
Parking Spaces5
MLS ®Number40658629
Community NameDrummond / Victoria
Data SourceITSO
Listing byRE/MAX NIAGARA REALTY LTD, BROKERAGE

Features

Heating: Forced Air, Natural Gas
Basement: Separate Entrance, Full, Partially Finished

Features

Lot size: 6,538 SqFt
Sewer (Municipal)

Parking

Garage spaces 2

Garage type -

Other parking spaces 3

Total parking spaces 5


Property listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE, Brokerage
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Population and Demographics

Overview

Total population 19892
Average household income $83,057

Age (%)

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

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%

Schools and amenities

Estimated Budget