5042 Ontario Ave

Niagara Falls, L2E 3R9
FOR SALE
$569,000
Expired
$0
5042 Ontario Ave, Niagara Falls
5042 Ontario Ave
5042 Ontario Ave
5042 Ontario Ave
5042 Ontario Ave
5042 Ontario Ave
5042 Ontario Ave
5042 Ontario Ave
5042 Ontario Ave
5042 Ontario Ave
3
BEDROOMS
2
BATHROOMS
2
KITCHENS
11 + 1
ROOMS
X8042800
MLSID
Contact Us
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-02-03 2024-11-18 289 $564,000 - Expired
Property Description
Excellent investment opportunity to own a two-storey legal duplex (main floor & upper level) that is already fully rented by two A+ tenants. ( monthly rent $2820 includes heat, hydro & water). This downtown Niagara Falls property is a stone's throw from the Niagara River, minutes to the Casino, attractions and the USA. Both units have been professionally renovated, are freshly painted, and complete with vinyl plank flooring throughout. Main floor is one bedroom with a bright spacious kitchen, combined living room / dining room, and 9 foot ceilings. Also a 4-piece bathroom with a backyard facing window. Entrance to main floor unit is through the rear entrance mudroom with closet & large window. Upper unit is a bright, two bedroom spacious apartment with a large eat-in kitchen, and modern 3-piece bath featuring a glass shower. Common access basement has been professionally waterproofed, has s sump pump, two dedicated storage units, and clothes washer & dryer.
Property Details
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
30' x 125'
Acreage
< .50
Fronting
West
Taxes
$2,739 (2023)
Basement
Walk-Up
Exterior
Stucco/Plaster, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Front Yard
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenGround10.73' x 12.93'Plank Floor, Large Window, Walk-Out
MudroomGround4.13' x 6.43'Plank Floor, Large Window, Closet
LivingGround11.29' x 15.42'Plank Floor, Pot Lights, French Doors
Prim BdrmGround11.06' x 11.42'French Doors, Large Window, Double Closet
BathroomGround5.71' x 7.19'Plank Floor, 4 Pc Bath, Window
KitchenUpper12.01' x 12.37'Plank Floor, Eat-In Kitchen, Large Window
LivingUpper7.74' x 15.81'Plank Floor, Open Concept, Large Window
Prim BdrmUpper7.41' x 13.91'Plank Floor, Large Window, Closet
2nd BrUpper10.73' x 11.15'Plank Floor, Window, Closet
BathroomUpper6.00' x 7.25'Plank Floor, 3 Pc Bath, Large Window
FoyerUpper7.32' x 8.30'Plank Floor, Window, Closet
Similar Listings
6510 Drummond Rd, Niagara Falls
4
BEDS
2
BATHS
$599,000
FOR SALE
Excellent Investment Opportunity! LEGAL DUPLEX at corner of Drummond & Dixon - less than 2km from Fallsview Blvd, close to public transit, highways, schools, shopping and amenities. Two self-contained units with separate entrances. Spacious 1Bed, 1Bath suite on main level. Larger 3Bed suite occupying rest of main level & all of 2nd floor. Unit offers primary bdrm with bright windows on mail level and 2 well-sized bdrms and bath on upper level. Large corner lot provides plenty of parking. Great tenants willing to stay or vacate with adequate notice. Take over and start collecting revenue right away or live in one unit and keep the rent coming in from the other one. Amazing location, close to Niagara Falls. Strong potential for future development. Buy a detached, 1.5 storey legal duplex, on a large lot in prime location for the price of a condo! 24hrs for showings please. Don't delay!
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