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5451 Ontario Avenue
Niagara
L2E 3S4
$1,298,000
Residential Freehold
beds: 8+2
baths: 5.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- X12042535
- Bedrooms:
- 8+2
- Bathrooms:
- 5
- Photos (39)
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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 Type:
- Residential Freehold
- Property Sub Type:
- Duplex
- Home Style:
- 2-Storey
- Depth:
- 127'7"
- Frontage:
- 50'
- Lot Shape:
- Rectangular
- Direction Faces:
- North
- Bedrooms:
- 8+2
- Bathrooms:
- 5.0
- Water supply:
- Municipal
- Kitchens:
- 4
- Kitchens in Basement:
- 1
- Bedrooms Above Grade:
- 8
- Bedrooms Below Grade:
- 2
- Kitchens Above Grade:
- 3
- Rooms Above Grade:
- 14
- Rooms Below Grade:
- 3
- Ensuite Laundry:
- No
- Heating type:
- Forced Air
- Heating Fuel:
- Gas
- Foundation:
- Stone
- Roof:
- Asphalt Shingle
- Basement:
- Apartment
- Fireplace/Stove:
- No
- Garage:
- None
- Garage Spaces:
- 0.0
- Parking Features:
- Private Double
- Parking Spaces:
- 4
- Total Parking Spaces:
- 4.0
- Family Room:
- No
- Possession Details:
- TBD
- Pool:
- None
- HST Applicable To Sale Price:
- Included In
- Taxes:
- $3,915.61 / 2024
- Assessment:
- $- / -
- Niagara Falls
- 210 - Downtown
- Niagara
- Other
- Hot water Tank
- All Existing Electrical Light Fixtures, All Existing Window Coverings, Shed, All Furniture, Three Existing Stoves, Three Existing Fan Hoods, Four Existing Refrigerators, One Existing Dishwasher(as is), One Existing Washing Machine, One Existing Dryer. One Flat-Screen TV and wall mount in the Main Floor apartment.
- Tenant's Belongings
- Brick
- Floor
- Type
- Size
- Other
- Third
- Kitchen
- 3'8¾" × 3'4"
- Vinyl Floor, Window, Breakfast Area
- Third
- Dining Room
- 3'6" × 3'
- Vinyl Floor, Window, Overlooks Frontyard
- Third
- Bedroom
- 3'10" × 3'1¾"
- Vinyl Floor, Window, Closet
- Third
- Bedroom 2
- 3'10" × 3'1¾"
- Vinyl Floor, Window, Closet
- Third
- Bedroom 3
- 4'½" × 3'1¾"
- Vinyl Floor, W/O To Balcony, Closet
- Third
- Bedroom 4
- 3'6" × 3'¼"
- Vinyl Floor, Window, Overlooks Frontyard
- Second
- Kitchen
- 3'11" × 3'2¾"
- Vinyl Floor, Window, W/O To Balcony
- Second
- Living Room
- 3'11" × 3'
- Vinyl Floor, Window, Overlooks Backyard
- Second
- Bedroom
- 3'7" × 3'7"
- Vinyl Floor, Large Window, Overlooks Frontyard
- Second
- Bedroom 2
- 4'2¾" × 3'7"
- Vinyl Floor, Large Window, Closet
- Second
- Bedroom 3
- 3'11" × 3'2¾"
- Vinyl Floor, Window, Closet
- Ground
- Living Room
- 3'8" × 3'¼"
- Ceramic Floor, Combined w/Dining, Large Window
- Ground
- Living Room
- 3'8" × 3'¼"
- Ceramic Floor, Combined w/Living, Combined w/Kitchen
- Ground
- Bedroom
- 3'5" × 2'5"
- Ceramic Floor, Combined w/Dining, Window
- Basement
- Kitchen
- 2'7" × 2'5"
- Ceramic Floor, Breakfast Area
- Basement
- Bedroom
- 2'5" × 2'3⅛"
- Vinyl Floor, Window
- Basement
- Bedroom 2
- 4'½" × 2'2⅞"
- Vinyl Floor, Window
- Special Designation:
- Unknown
- Sewers:
- Sewer
- Air Conditioning:
- Central Air
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
- Laundry Level:
- Lower Level
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Listed by RE/MAX EXPERTS
Data was last updated March 31, 2025 at 02:15 PM (UTC)
- Peak Group Realty Ltd.
- 289-271-2020
- admin@peakgrouprealty.ca
Peak Group Realty Ltd., Brokerage
Office Address:
239 Four Mile Creek Road
Niagara-on-the-Lake, ON, L0S 1P0