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 are 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-pc bath. 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. Financials Attached. Note: Zoning will allow for a Bed & Breakfast. Concept Plan attached.
Listing courtesy of RE/MAX EXPERTS.
Listing data ©2025 Toronto Real Estate Board. Information deemed reliable but not guaranteed by TREB. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Data last updated: Wednesday, March 26th, 2025?05:02:10 PM.
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| Price: | $$1,298,000 |
| Address: | 5451 Ontario Avenue |
| City: | Niagara Falls |
| County: | Niagara |
| State: | Ontario |
| Zip Code: | L2E 3S4 |
| MLS: | X12042535 |
| Bedrooms: | 10 |
| Bathrooms: | 5 |
