5042 Ontario Avenue, Niagara Falls, Ontario L2E 3R9

Excellent investment opportunity to own a two-storey legal duplex (main floor & upper level) that is already fully rented by two A+ 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 ceilings. Also a 4-piece bathroom with a backyard facing window. Entrance to 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 been professionally waterproofed, has s sump pump, two dedicated storage units, and clothes washer & dryer. (id:27476)

This duplex property offers a total of 4 parking spaces, presenting an excellent investment opportunity for potential buyers. The two-storey legal duplex is currently fully rented by two A+ tenants, with a monthly rent of $2820 that includes heat, hydro, and water. Situated in downtown Niagara Falls, the property is conveniently located near the Niagara River, the Casino, various attractions, and the USA.

Both units within the property have undergone professional renovations, featuring fresh paint and vinyl plank flooring throughout. The main floor unit consists of one bedroom, a bright and spacious kitchen, a combined living room and dining room, and 9-foot ceilings. Additionally, it includes a 4-piece bathroom with a window facing the backyard, with entrance through the rear entrance mudroom equipped with a closet and large window. The upper unit is a bright and spacious two-bedroom apartment with a large eat-in kitchen and a modern 3-piece bathroom with a glass shower.

The common access basement has been professionally waterproofed and includes a sump pump, two dedicated storage units, and a clothes washer and dryer. The property is for sale and has a land size of 30 x 125 FT, located at 5042 Ontario Ave in the city of Niagara Falls, Ontario, with a postal code of L2E3R9. It features a total of 2 bathrooms and 3 bedrooms above ground, with a total of 3 bedrooms overall. The basement entrance is a walk-up, and the building exterior finish consists of stucco and vinyl siding.

Heating fuel for the property is natural gas, with a forced air heating type and a total of 2.00 stories. The property type is a duplex, offering a promising investment opportunity in a prime location.