5451 Ontario Avenue, Niagara Falls - Sold for $980,000 | Modern Solution Realty

5451 Ontario Avenue, Niagara Falls

5451 Ontario Avenue in Niagara Falls - 10 bedroom, 5 bathroom. Sold for $980,000. Listed at $1,098,000.

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 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-pcbath 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.

Property Details

  • Property Type: Mortgage
  • Style: 2-Storey
  • Square Footage: 2250 sqft
  • Basement: Apartment
  • Heating: Gas
  • Cooling: Central Air
  • Parking: 4 spaces
  • Property Taxes: $3,915.61/yr
  • Neighbourhood: 210 - Downtown
  • Postal Code: L2E 3S4

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