A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 5451 Ontario Ave, Niagara Falls Ontario L2E 3S4
Re-listed 51 days ago

5451 Ontario Ave, Niagara Falls, Ontario L2E 3S4

Townhouse
8 + 2
5
~2000-2500 sqft
$•••,•••
$1,098,000
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Townhouse
8 + 2
5
~2000-2500 sqft

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Highlights

Property Estimate

Days on market51 days

Total days on market
102 days

Estimated valueNot available

Price/Sqft$494/sqft

Monthly cost

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Description

Zoned R2 Prime Investment Opportunity. This well-maintained 2.5-story converted fourplex is just minutes from the Niagara Falls tourist district, the Bridge to the USA, and Hwy 420,offering excellent accessibility and convenience. situated in a predominantly residential area with a mix of multi-residential and bed and breakfast properties, this property benefits from Tourist Commercial zoning nearby. Property Highlights: Four Fully Rented Units with strong rental income. Double-Wide Driveway -Parking for four vehicles. Proximity to All Amenities - Shopping, dining, and entertainment nearby. Ideal for Investors - Turnkey rental property with reliable cash flow. Unit #1 - 4 Bed, 2 Bath (3rd Floor) | 986 sq. ft. Kitchen, dining, living area, Front & rear entry, Laminate, vinyl & hardwood flooring. Unit #2 - 3 Bed, 1 Bath (2nd Floor) | 905 sq. ft. Kitchen, living room, New vinyl plank flooring & renovated bathroom. Front & rear entry. Unit #3 - Bachelor (Ground Floor) | 341 sq. ft. Open-concept layout with kitchen & new 3-pcbath Ceramic flooring throughout. Private ground-floor front entry. Unit #4 - 1 Bed, 1 Bath (Ground Floor, Partially Below Grade) | 443 sq. ft. Kitchen, living room, bedroom & 3-pc bath. Vinyl plank & ceramic flooring. Private side entry.


Property Details

Style2-Storey
View-
Age of property-
SqFt~2000-2500 SqFt
Lot Size6,380 SqFt(127.6 x 50)
Parking Spaces4
MLS ®NumberX12155057
Community NameDrummond / Victoria
Data SourceTRREB
Listing byRE/MAX EXPERTS

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment

3rd Floor

Kitchen

3.3 x 3.73

Vinyl Floor / Window / Breakfast Area

Dining

3.0 x 3.53

Vinyl Floor / Window / O/Looks Frontyard

Br

3.15 x 3.84

Vinyl Floor / Window / Closet

2nd Br

3.15 x 3.84

Vinyl Floor / Window / Closet


Features

Lot size: 6,380 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
51 days on market
history photo preview39
Listing by trreb®
Property listed by RE/MAX EXPERTS, Brokerage
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Market Data - Drummond / Victoria

Geo Zone Map ThumbnailDrummond / Victoria

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

27 days

Compared to

2024

20 days

2023

54 days

2022

58 days

New Listings

Past 30 days

8 listings

Compared to

2024

7 listings

2023

7 listings

2022

6 listings

Units sold

Past 30 days

3 units

Compared to

2024

1 unit

2023

1 unit

2022

1 unit

Median Sold Price

Past 30 days

$660,000

Compared to

2024

$655,000

2023

$680,000

2022

$795,000


Population and Demographics

Overview

Total population 19892
Average household income $83,057

Age (%)

0 to 19
18%
20 to 34
21%
35 to 49
18%
50 to 64
21%
65 and plus
22%

Household composition (%)

Single family
55%
Single person
37%
Multi person
7%
Multi family
1%

Mother tongue (%)

English
81%
Others
4%
Italian
3%
Tagalog (Pilipino, Filipino)
3%
French
2%
Punjabi (Panjabi)
2%
Spanish
2%

House tenancy (%)

Owners
56%
Renters
44%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget