A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 5145 Rice Cres, Niagara Falls Ontario L2E 4A1
6 days on Market

5145 Rice Cres, Niagara Falls, Ontario L2E 4A1

Townhouse
3 + 2
4
~1100-1500 sqft
$599,000
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Townhouse
3 + 2
4
~1100-1500 sqft

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Highlights

Property Estimate

Days on market6 days

Estimated valueNot available

Price/Sqft$472/sqft

Monthly cost

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Description

Strong investment opportunity with multiple income streams and excellent flexibility for investors or owner-occupants. This legal duplex features a spacious 2-bedroom main floor unit and a bright 1-bedroom upper unit, each with separate entrances. Additionally there is a lower-level living space with in-law potential offering separate entrance, kitchen, bathroom and two bedrooms. Coin laundry on site provides added revenue opportunity. Property offers parking for 3 vehicles and a low-maintenance backyard for tenant enjoyment. Centrally located in a convenient downtown area within walking distance to shopping, restaurants, amenities, and the Falls. Excellent opportunity to add value and maximize cash flow in a high-demand rental location. Current total monthly rents are $4,600 and include all utilities. 24 hours notice required for all showings.


Property Details

Style2-Storey
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size4,500 SqFt(90 x 50)
Parking Spaces3
MLS ®NumberX13104854
Community NameElgin
Data SourceTRREB
Listing byBOLDT REALTY INC., BROKERAGE

Features

Heating: Forced Air
Cooling: Central Air
Basement: Sep Entrance, Finished

Main Floor

Bathroom

2.32 x 1.68

3 Pc Bath

Br

3.2 x 3.44

2nd Br

3.11 x 3.41

Bathroom

1.13 x 2.32

3 Pc Ensuite


Features

Lot size: 4,500 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property History

May 8, 2026
ListedActive
$599,000
6 days on market
history photo preview25
Listing by trreb®
Property listed by BOLDT REALTY INC., BROKERAGE, Brokerage
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Market Data - Elgin

Geo Zone Map ThumbnailElgin

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

7 days

Compared to

2025

77 days

2024

0 day

2023

0 day

New Listings

Past 30 days

3 listings

Compared to

2025

7 listings

2024

1 listing

2023

2 listings

Units sold

Past 30 days

1 unit

Compared to

2025

1 unit

2024

0 unit

2023

0 unit

Median Sold Price

Past 30 days

$350,000

Compared to

2025

$280,000


Population and Demographics

Overview

Total population 9664
Average household income $80,133

Age (%)

0 to 19
17%
20 to 34
20%
35 to 49
18%
50 to 64
23%
65 and plus
22%

Household composition (%)

Single family
49%
Single person
43%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
86%
Others
6%
Italian
3%
French
2%
Spanish
2%

House tenancy (%)

Owners
54%
Renters
46%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget