5459 Ontario Avenue, Niagara Falls, ON L2E 3S4
$998,000
$998,000

5459 Ontario Avenue

210 - Downtown, Niagara Falls, Niagara $998,000

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7 Beds
6 Baths
2500-3000 sqft
Parking for 6
North Facing
MLS®#:
X13132744
Property Type:
Fourplex
Property Style:
2-Storey
Area:
Niagara
Community:
210 - Downtown
Taxes:
$6,170 / 2025
Added:
May 15 2026
Lot Frontage:
50.12
Lot Depth:
127.88
Status:
Active
Outside:
Aluminum Siding
Year Built:
51-99
Basement:
Apartment,Finished
Brokerage:
RE/MAX EXPERTS
Lot :

127

50

Intersection:
Niagara River Pkwy & Eastwood Cres
Rooms:
Bedrooms:
7
Bathrooms:
6
Fireplace:
Utilities
Water:
Municipal
Cooling:
None
Heating Type:
Water
Heating Fuel:
Kitchen 3.53 x 3.99m
Laminate , Large Window
Ground Level
Living Room 3.53 x 2.37m
Laminate , Combined w/Kitchen
Ground Level
Bedroom 3.53 x 3.91m
Laminate , Large Window
Ground Level
Kitchen 2.29 x 1.73m
Ceramic Floor , W/O To Sundeck
Ground Level
Living Room 3.3 x 3.23m
Laminate , Combined w/Kitchen
Ground Level
Bedroom 2 3.53 x 3.51m
Broadloom , Large Window
Ground Level
Kitchen 3.56 x 3.98m
Ceramic Floor , W/O To Sundeck
Second Level
Living Room 3.56 x 3m
Laminate , Combined w/Kitchen
Second Level
Bedroom 3 3.56 x 5.09m
Laminate , Large Window
Second Level
Kitchen 3.55 x 4.05m
Ceramic Floor , W/O To Sundeck
Second Level
Living Room 3.55 x 3.98m
Laminate , Large Window
Second Level
Bedroom 4 3.08 x 5.09m
Laminate , Large Window
Second Level
Bedroom 5 2.46 x 5.11m
Laminate , Large Window
Second Level
Kitchen 4.34 x 3.33m
Laminate , Walk-Up
Lower Level
Bedroom 4.34 x 3.41m
Laminate , Window
Lower Level
Kitchen 4.23 x 2.06m
Laminate , Large Window
Lower Level
Bedroom 2 4.36 x 3.3m
Laminate , Window
Lower Level

Listing Details

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.

All Existing Electrical Light Fixtures, Six Existing Stoves, Two- Built-in Microwaves with undermounted fan exhaust, Four Existing Fan Hoods, Six Existing Refrigerators.

Insights

  1. Strong Rental Income: The property features six fully leased units, including five 1-bedroom suites and one 2-bedroom suite, providing a reliable cash flow with consistent rental income from excellent tenants.
  2. Prime Location: Located in the heart of Niagara Falls, the property is just minutes away from major attractions like Casino Niagara and Clifton Hill, making it an attractive option for both long-term tenants and short-term vacation rentals.
  3. Turnkey Investment: This well-maintained property requires minimal ongoing management, featuring a 200-amp electrical service and a roof replaced in 2016, making it a hassle-free investment opportunity for buyers.

Sale/Lease History of 5459 Ontario Avenue

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Neighborhood Overview

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210 - Downtown home prices

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Insights for 5459 Ontario Avenue

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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)