5145 Rice Crescent
Niagara Falls (Downtown), ON L2E 4A1
- 3+2Bedrooms
- 4Bathrooms
- 3Parking
- 1100–1500Sq Ft
- $2,620Tax
- 50×90 ftLot Size
Free EstimateSee Free Estimate Report
Sale & Price History for 5145 Rice Crescent, Niagara Falls, Downtown
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 5145 Rice Crescent, Niagara Falls, Downtown
Summarized Description
- Legal duplex with two separate units.
- Multiple income streams for investors.
- In-law suite potential with separate entrance.
- Coin laundry provides additional revenue.
- Parking available for three vehicles.
- Low-maintenance backyard for tenants.
- Centrally located near shopping and restaurants.
- High-demand area for maximizing cash flow.
Strong investment opportunity with multiple income streams and excellent flexibility for investors or owner-occupants. This legal duplex features a spacious 2-bedroom main floor unit and a bright 1-bedroom upper unit, each with separate entrances. Additionally there is a lower-level living space with in-law potential offering separate entrance, kitchen, bathroom and two bedrooms. Coin laundry on site provides added revenue opportunity. Property offers parking for 3 vehicles and a low-maintenance backyard for tenant enjoyment. Centrally located in a convenient downtown area within walking distance to shopping, restaurants, amenities, and the Falls. Excellent opportunity to add value and maximize cash flow in a high-demand rental location. 24 hours notice required for all showings.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,620
- Land Transfer Tax Fee
- $6,455
Rental Items
- Rental Equipment
- Hot water tank and furnace
- Basement Type
- Separate Entrance, Finished
Interior Features
- Laundry Level
- Main Level
- Interior Extras
- In-Law Capability
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Aluminum Siding, Metal/Steel Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete Block
- Special Designation
- Unknown
Lot
- Lot Front
- 50.00 ft
- Lot Depth
- 90.00 ft
Inclusions
- Inclusions
- 3 fridges, 3 stoves, washing machine, dryer
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 3
- Total Garage And Parking Spaces
- 3
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 3 + 2
- Washrooms
- 4
- Kitchens
- 3
- Family / bonus room
- Yes
Room sizes
- Bedroom—Second level
- Kitchen—Main level
- Living Room—Basement level
- Bathroom—Main level, 3 Pc Ensuite
- Kitchen—Second level
- Living Room—Second level
- Living Room—Main level
- Bathroom—Second level, 3 Pc Bath
- Bathroom—Basement level, 3 Pc Bath
- Bathroom—Main level, 3 Pc Bath
- Bedroom—Basement level
- Bedroom 2—Main level
- Bedroom 2—Basement level
- Kitchen—Basement level
- Bedroom—Main level
Washrooms
- 3-piece, Main
- 3-piece, Basement
- 3-piece, Second
- Municipality
- Niagara Falls
- Neighbourhood
- Downtown
- Main cross streets
- Rice and Ryerson
- Zoning
- R2
- Directions
- Victoria Ave to Ryerson
- MLS® number
- X13720124
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-08-27
- Updated on
- 2026-08-27
- Days on market
- 49 days
- Possession type
- Flexible
- Co-op commission
- 2% + HST
- Seller
- Listed by
- BOLDT REALTY INC., BROKERAGE
Home Market Value
Current home valuation for 5145 Rice Crescent, Niagara Falls, Downtown, Niagara Falls, ON. Listed for $499,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 5145 Rice Crescent, Niagara Falls, Downtown
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$24,950
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $18,962 | $13,922 | $11,876 | $0 |
=Total mortgage | $493,012 | $463,022 | $436,026 | $399,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,407monthly | $2,261monthly | $2,129monthly | $1,949monthly |
Land Transfer Tax
$6,455
$6,455
Around this home
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