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Front of 5042 Ontario Avenue
5042 Ontario AvenueNiagara Falls (Downtown)
For Sale
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Ontario Real Estate › Niagara Falls › Downtown
Front of 5042 Ontario Avenue
5042 Ontario AvenueNiagara Falls (Downtown)
For Sale
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MultiplexMLS X8042800
Listed for:Listed 2 years ago
$564,000
Estimated Rebate:$5,640Cashback
3 Bedrooms
2 Bathrooms
4 Parking
1.5K~2K Sq.Ft.
30 x 125 ft Lot
$2,739 Tax/yr
Nima Mirderrickvand
Nima Mirderrickvand

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416-616-6676
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About this home

5042 Ontario Avenue, Niagara Falls

Excellent investment opportunity to own a two-storey legal duplex (main floor & upper level) that is already fully rented by two AAA 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 ceiling. Entrance to the 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 two dedicated storage units and laundry. Upper tenant is a long term tenant who is now month to month. Lower tenant has been in the unit since Feb 2024

Carpet Free

Facts & features

TypeMultiplex
Style2-storey
Built100+
Size1.5K~2K Sq.Ft.
Lot30 x 125 ft
Tax$2,739 (2023)
HeatingForced air, gas
BasementWalk-up
Parking4 drive
WaterMunicipal

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Rooms

11 rooms · 2 bathrooms
Main floor5 rooms
  • Kitchen12′11″ × 10′9″139 sq.ft.
  • Mud room6′5″ × 4′2″27 sq.ft.
  • Living room15′5″ × 11′3″174 sq.ft.
  • Primary bedroom11′5″ × 11′1″126 sq.ft.
  • Bathroom7′2″ × 5′9″41 sq.ft.
Upper floor6 rooms
  • Kitchen12′4″ × 12′149 sq.ft.
  • Living room15′10″ × 7′9″122 sq.ft.
  • Primary bedroom13′11″ × 7′5″103 sq.ft.
  • Bedroom 211′2″ × 10′9″120 sq.ft.
  • Bathroom7′3″ × 6′44 sq.ft.
  • Foyer8′4″ × 7′4″61 sq.ft.
Bathrooms2
4-pcMain3-pcUpper

Around this home

1 Block East of Niagara River
3Walking

Schools nearby

School rating, out of 10.

Simcoe Streetelementary · Public · 0.6 km
7.3/10
St Patrickelementary · Private · 1.0 km
8.0/10
Valley Wayelementary · Public · 1.4 km
3.6/10

Listing details

MLS® numberX8042800
Listed onFeb 3, 2024
Days on market998
UpdatedNov 25, 2024
Listing brokerageRE/MAX REALTY SERVICES INC.

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© 2026 HOMEH Inc., Brokerage · RECO Registration #6000380 · 505 Highway 7 East, Units 308 & 309, Thornhill, ON L3T 7T1 · Listing data courtesy of the MLS® System of the listing brokerage, deemed reliable but not guaranteed.

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HOMEH is operated by HOMEH Inc., a licensed Ontario real estate brokerage regulated by the Real Estate Council of Ontario (RECO) under the Trust in Real Estate Services Act, 2002 (TRESA). Under TRESA, consumers are entitled to the RECO Information Guide before entering into a representation agreement. Broker of Record Licence #5034208. Toronto Regional Real Estate Board Member #20004000.

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