For Sale: 5459 Ontario Avenue, Niagara Falls, ON - REW
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$998,000
7 bd • 6 ba • 2500 - 2999 sf • Multifamily
5459 Ontario Avenue
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$998,000
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5459 Ontario AvenueNiagara Falls, ON, L2E 3S4

  • 7 Bed
  • 6 Bath
  • 2500 - 2999 Sqft
  • Multifamily

About this home

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. (id:63626)
Listed by: ALFRED MARTINELLI, Broker, RE/MAX EXPERTS

Home facts and features

Price details
List Price
$998,000
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Gross Taxes for 2026
$6,170
Home facts
Bedrooms
7
Full Bathrooms
6
Parking Spaces
6
Parking Details
No Garage
Property Type
Multifamily
Depth
127.9 feet
Frontage
50.1 feet
Exterior Finish
Aluminum siding
Heating Type
Natural gas
Basement Details
Finished, Apartment in basement, ,
Appliances
Microwave, Refrigerator, Stove
Agent details
Primary Agent
Primary Broker
RE/MAX EXPERTS
Listing details
Days on REW
27 Days
Property Views
22
MLS® Number
X13132744
Source
Canadian Real Estate Association
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25 Years
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Property Insights

Simcoe Street Public School
  • Public
  • JK - 8
St Patrick Catholic Elementary School
  • Catholic
  • JK - 8
Valley Way Public School
  • Public
  • JK - 8
St Mary Catholic Elementary School
  • Catholic
  • JK - 8
ÉÉC Saint-Antoine
  • Catholic
  • JK - 8
Stamford Collegiate
  • Public
  • 9 - 12
É Élém LaMarsh
  • Public
  • JK - 8
Father Hennepin Catholic Elementary School
  • Catholic
  • JK - 8
Princess Margaret Public School
  • Public
  • JK - 8
Heximer Avenue Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Broker
ALFRED MARTINELLI
Phone:
(416) 839-3599
Office:
905-499-8800
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