$564,000
4.11 BTC
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5042 Ontario Avenue, Niagara Falls
$564,000
PRICE
3
BEDROOMS
2
BATHROOMS
X12177903
MLSID

5042 Ontario Avenue, Niagara Falls

An incredible opportunity in the heart of Niagara Falls! This legal duplex offers versatility, charm, and reliable rental income-perfect for investors or those looking to live in on unit while renting the other. Situated just steps from the Niagara River, and minutes to Clifton Hill, the Casino, Go Station, and the USA border, this centrally located property features features two self-contained units with separate entrance and shared laundry/storage space in the basement. Main floor unit: A spacious one-bedroom layout with soaring 9-foot ceilings, a large , bright kitchen, a 4-piece bath and a mudroom with closet and window. This unit blends old-world charm with modern updates. Upper Unit: A sun-drenched two-bedroom unit with an open-concept kitchen and living room, and a modern feel throughout. Great natural light and functional living space. Additional Features: Professionally waterproofed basement with sump pump, shared laundry (new Washer 2025), two storage lockers for tenants + one for owner, updated electrical panel. Private, mature fenced yard. Both units are currently tenanted from long -term tenants with a month-to-month lease. Whether you're adding to your portfolio or house-hacking your way into the market, 5042 Ontario Avenue is a great opportunity.
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Summary

Address
5042 Ontario Avenue
MLSID
X12177903
Property Type
Duplex
Property Category
Bedrooms
3
Bathrooms
2
Kitchens
2
Taxes (Annual)
$2,862.00
Tax Year
2024
Published
May 28, 2025
Days on Market
25 Days
Possession Type
Flexible
Possession Details
Flexible
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Inclusions

2 fridges, 2 stoves, washer, dryer, shed

Exclusions

window AC units as they belong to tenants

Details

Property Features
Public Transit
Bathroom 1
4-Piece Second Level
Bathroom 2
3-Piece Ground Level
Parking Spaces
4
Parking Total
4
Parking Features
Front Yard Parking
Architectural Style
2-Storey
Lot Size
3,750
Lot Width
30 Feet
Lot Depth
125 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with RE/MAX REALTY SERVICES INC.
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