5166 Morrison Street
211 - Cherrywood, Niagara Falls, L2E 2E4
FOR SALE
$649,000
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5 + 2
BEDROOMS 3
BATHROOMS 2 + 1
KITCHENS 10 + 4
ROOMS X14031054
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Property Description
Great Investment property is waiting for you, Live your own or rent it. Legal Duplex five bedrooms home with additional two-Bedrooms Basement, located in a prime central Niagara Falls location close to shopping, schools, parks, tourist attractions, and all amenities. Featuring three bedrooms on the main floor, a spacious living room, and a large size family room. The upper level has 2 bedrooms, one of the bedrooms, which is a full height of attic space, you will love it. The finished basement includes a family room, kitchen, bathroom, and laundry room with two Bed rooms offering excellent in-law suite or income potential. This property could truly shine perfect for investors, renovators, or buyers looking to customize their dream home. Gross Rental Income is $4120/month, Tenants Would Like To Stay.
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Property Features
Carpet Free, In-Law Suite, Private
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Property Details
Address
5166 Morrison Street
Community
City
Postal Code
L2E 2E4
Property Type
Duplex, Duplex
Zoning
R2
Lot Size
33' x 120'
Acreage
3,853.0 Feet
Taxes
$4,005 (2026
Basement
Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
Detached
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Listing contracted with Century 21 Green Realty Inc.
Exceptional multi-unit investment opportunity, currently operated as a short-term rental! Ideally located just one minute from Great Wolf Lodge and five minutes from Niagara Falls. The main-floor unit features two bedrooms, a spacious living area, a kitchen, a four-piece bathroom, and patio doors leading to the backyard. The second-floor unit offers three additional bedrooms, a living room, a kitchen, and a full bathroom. The third-floor unit is a private one-bedroom apartment complete with a kitchenette and a three-piece bathroom. Situated on a generous 50 x 150 ft lot, this property offers excellent potential for investors, short-term-rental operators, or buyers seeking flexible multi-generational living.
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Welcome home to a piece of Niagara Falls history! Built in 1923, this beautiful brick legal duplex has kept everything people love about century homes: glowing original stained glass, rich wood trim and a classic covered front porch. Best of all, the big updates are already done, including the roof (2019), most windows (2019-2023), and refreshed main and upper bathrooms. The main-floor unit offers a bedroom, a generous kitchen, a bright living room with a bay window, a bath, laundry and easy access to the garden. Its finished lower level has a separate entrance and adds a bedroom, 3-piece bath, rec room and flex room, offering potential for a third unit, subject to City approvals. Upstairs, the second unit has 3 bedrooms, a kitchen, dining area and bath, plus a finished loft level. Separate hydro meters, a detached 1.5-car garage and a private driveway round it all out. Live in one unit and let the other help with the mortgage, welcome extended family under one roof, or grow your investment portfolio. Prefer one big home? The shared front foyer and interior staircase make it easy to convert back to a single-family residence. With its century charm and easy walk to Clifton Hill, it could also suit a bed and breakfast. All this on a quiet crescent in a family-friendly neighbourhood, just a short walk to Simcoe Street PS, Ontario Park, the Olympic Torch Trail, downtown Queen Street, Clifton Hill and the GO station. Homes with this much heart and flexibility don't come along often. Please note some photos are virtually staged
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SET YOUR OWN RENT! VACANT DUPLEX INVESTMENT OPPORTUNITY IN A GREAT NIAGARA FALLS LOCATION! Located just minutes from Great Wolf Lodge, the scenic Niagara Parkway, parks, attractions, shopping and amenities, this freshly painted duplex offers an excellent opportunity for investors or those looking to live in one unit while generating rental income from the other.The main floor unit features 2 bedrooms, a bright living room, kitchen and 3-piece bath, plus an unfinished basement offering excellent storage and potential for future use. The second-floor unit offers flexible living space that can be configured as either 3 bedrooms or 2 bedrooms plus a living room, along with a kitchen and 3-piece bath.With its separate living spaces, versatile layouts and highly desirable location, this property is well suited to the long-term rental market. The proximity to Great Wolf Lodge, the Niagara Parkway and Niagara Falls attractions makes this a particularly attractive area for tenants. Whether you're looking to expand your investment portfolio, have a large single family home or explore an owner-occupied duplex opportunity, this property is worth a look.
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