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Front of 5459 Ontario Avenue
5459 Ontario AvenueNiagara Falls (Downtown)
Expired
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Ontario Real Estate › Niagara Falls › Downtown
Front of 5459 Ontario Avenue
5459 Ontario AvenueNiagara Falls (Downtown)
Expired
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MultiplexMLS X13132744
Last asked:Expired Jul 15, 2026
$998,000
5+2 Bedrooms
6 Bathrooms
6 Parking
2.5K~3K Sq.Ft.
50.12 x 127.88 ft Lot
$6,170 Tax/yr

Property history

$1,288,000first asked
$998,000last asked
▼ 23%since April
AprSepFebJul
ExpiredJul 15, 2026
$998,000MLS® X13132744
Listed for saleMay 15, 2026
$998,000MLS® X13132744
ExpiredMay 15, 2026
$1,198,000MLS® X12695386
Listed for saleJan 14, 2026
$1,198,000MLS® X12695386
TerminatedJan 14, 2026
$1,248,000MLS® X12562496
Listed for saleNov 20, 2025
$1,248,000MLS® X12562496
ExpiredJul 7, 2025
$1,288,000MLS® X12067217
Listed for saleApr 7, 2025
$1,288,000MLS® X12067217
Nima Mirderrickvand
Nima Mirderrickvand

Real Estate Broker

416-616-6676

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About this home

5459 Ontario Avenue, Niagara Falls

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.

Facts & features

TypeMultiplex
Style2-storey
Built51-99
Size2.5K~3K Sq.Ft.
Lot50.12 x 127.88 ft
Tax$6,170 (2025)
HeatingWater, gas
BasementApartment, finished
Parking6 drive
WaterMunicipal

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Rooms

17 rooms · 6 bathrooms
Main floor6 rooms
  • Kitchen11′7″ × 13′1″152 sq.ft.
  • Living room11′7″ × 7′9″90 sq.ft.
  • Bedroom11′7″ × 12′10″149 sq.ft.
  • Kitchen7′6″ × 5′8″43 sq.ft.
  • Living room10′10″ × 10′7″115 sq.ft.
  • Bedroom 211′7″ × 11′6″133 sq.ft.
Second floor7 rooms
  • Kitchen11′8″ × 13′1″153 sq.ft.
  • Living room11′8″ × 9′10″115 sq.ft.
  • Bedroom 311′8″ × 16′8″195 sq.ft.
  • Kitchen11′8″ × 13′3″155 sq.ft.
  • Living room11′8″ × 13′1″152 sq.ft.
  • Bedroom 410′1″ × 16′8″169 sq.ft.
  • Bedroom 58′1″ × 16′9″135 sq.ft.
Lower level4 rooms
  • Kitchen14′3″ × 10′11″156 sq.ft.
  • Bedroom14′3″ × 11′2″159 sq.ft.
  • Kitchen13′11″ × 6′9″94 sq.ft.
  • Bedroom 214′4″ × 10′10″155 sq.ft.
Bathrooms6
4-pc4-pc4-pc4-pc3-pc3-pc
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Around this home

Niagara River Pkwy & Eastwood Cres
3Walking

Schools nearby

School rating, out of 10.

Simcoe Streetelementary · Public · 0.7 km
7.3/10
St Patrickelementary · Private · 1.2 km
8.0/10
Valley Wayelementary · Public · 1.3 km
3.6/10

Listing details

MLS® numberX13132744
Listed onMay 15, 2026
Days on market61
UpdatedJul 15, 2026
Listing brokerageRE/MAX EXPERTS
PossessionFlexible

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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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