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5459 Ontario Avenue
Niagara Falls
L2E 3S4
$1,248,000
Residential Freehold
beds: 5+2
baths: 6.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- X12562496
- Bedrooms:
- 5+2
- Bathrooms:
- 6
- Photos (38)
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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 Type:
- Residential Freehold
- Property Sub Type:
- Detached
- Home Style:
- 2-Storey
- Approx. Age:
- 51-99
- Total Approx Floor Area:
- 2500-3000
- Lot Depth:
- 127'10½"
- Lot Frontage:
- 50'1½"
- Direction Faces:
- North
- Bedrooms:
- 5+2
- Bathrooms:
- 6.0
- Water supply:
- Municipal
- Kitchens:
- 6
- Kitchens in Basement:
- 2
- Bedrooms Above Grade:
- 5
- Bedrooms Below Grade:
- 2
- Kitchens Above Grade:
- 4
- Rooms Above Grade:
- 13
- Rooms Below Grade:
- 5
- Heating type:
- Water
- Heating Fuel:
- Gas
- Foundation:
- Concrete
- Roof:
- Asphalt Shingle
- Basement:
- Apartment, Finished
- Fireplace/Stove:
- No
- Garage:
- None
- Garage Spaces:
- 0.0
- Parking Spaces:
- 6
- Total Parking Spaces:
- 6.0
- Family Room:
- No
- Possession Details:
- TBD
- Pool:
- None
- Link:
- No
- HST Applicable To Sale Price:
- Included In
- Assessment Year:
- 2025
- Taxes:
- $6,170 / 2025
- Assessment:
- $- / 2025
- Niagara
- Niagara Falls
- 210 - Downtown
- None
- Coin Operated Washing Machine and Dryer
- All Existing Electrical Light Fixtures, Six Existing Stoves, Three Built-in Microwaves, Six Existing Fan Hoods, Six Existing Refrigerators, Two Dishwashers
- Aluminum Siding
- Floor
- Type
- Size
- Other
- Ground
- Kitchen
- 13'1" × 11'7"
- Laminate, Large Window
- Ground
- Living Room
- 11'7" × 7'9"
- Laminate, Combined w/Kitchen
- Ground
- Bedroom
- 12'10" × 11'7"
- Laminate, Large Window
- Ground
- Kitchen
- 7'6" × 5'8"
- Ceramic Floor, W/O To Sundeck
- Ground
- Living Room
- 10'10" × 10'7"
- Laminate, Combined w/Kitchen
- Ground
- Bedroom 2
- 11'7" × 11'6"
- Broadloom, Large Window
- Second
- Kitchen
- 13'1" × 11'8"
- Ceramic Floor, W/O To Sundeck
- Second
- Living Room
- 11'8" × 9'10"
- Laminate, Combined w/Kitchen
- Second
- Bedroom 3
- 16'8" × 11'8"
- Laminate, Large Window
- Second
- Kitchen
- 13'3½" × 11'7¾"
- Ceramic Floor, W/O To Sundeck
- Second
- Living Room
- 13'1" × 11'7¾"
- Laminate, Large Window
- Second
- Bedroom 4
- 16'8" × 10'1¼"
- Laminate, Large Window
- Second
- Bedroom 5
- 16'9" × 8'1"
- Laminate, Large Window
- Lower
- Kitchen
- 14'3" × 10'11"
- Laminate, Walk-Up
- Lower
- Bedroom
- 14'3" × 11'2¼"
- Laminate, Window
- Lower
- Kitchen
- 13'10½" × 6'9"
- Laminate, Large Window
- Lower
- Bedroom 2
- 14'4" × 10'10"
- Laminate, Window
- Special Designation:
- Unknown
- Sewers:
- Sewer
- Air Conditioning:
- None
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
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Virtual Tour
Listed by RE/MAX EXPERTS
Data was last updated November 20, 2025 at 06:15 PM (UTC)
Area Statistics
- Listings on market:
- 47
- Avg list price:
- $474,900
- Min list price:
- $229,000
- Max list price:
- $2,399,000
- Avg days on market:
- 85
- Min days on market:
- 2
- Max days on market:
- 503
These statistics are generated based on the current listing's property type
and located in
210 - Downtown. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- 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