Welcome to 5459 Ontario Ave - A Prime Investment Opportunity in Niagara Falls. Discover a fullystabilized, cash-flowing asset in one of Canada's most iconic tourist destinations. Thisdetached home features five self-contained 1-bedroom suites and one 2-bedroom suite, offeringsix fully rented units - each partially furnished and occupied by reliable tenants whoconsistently pay on time. Situated on a 50 x 127 ft. lot, this well-maintained propertyincludes two non-conforming basement apartments and rear parking for six vehicles. It providesa turnkey investment with strong rental performance and minimal ongoing management. PropertyHighlights include six fully leased units producing strong, consistent income. Excellenttenants in good standing with a history of on-time payment. 200-amp electrical service and roofreplaced in 2016. This Unbeatable Location is Minutes to Casino Niagara, Clifton Hill, TheFalls, 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 rareopportunity to acquire a fully stabilized, income-producing property in a high-demand rentalmarket with exceptional long-term potential. Perfect for investors looking for reliable cashflow and strategic future upside.
Property Type:
Residential Freehold
Property Sub Type:
Fourplex
Home Style:
2-Storey
Approx. Age:
51-99
Total Approx Floor Area:
2500-3000
Lot Depth:
127'10½"39 m
Lot Frontage:
50'1½"15.3 m
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
HST Applicable To Sale Price:
In Addition To, Included In
Taxes:
$6,170 /
2025
Assessment:
$- /
-
Niagara
Niagara Falls
210 - Downtown
None
All Existing Electrical Light Fixtures, Six Existing Stoves, Two- Built-in Microwaves with undermounted fan exhaust, Four Existing Fan Hoods, Six Existing Refrigerators.
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