For Sale

5042 Ontario Avenue, Niagara Falls, Ontario L2E 3R9

$0

5042 Ontario Avenue, Niagara Falls, Ontario L2E 3R9 is For Sale and has a listing price of 564,000. The property is located in the Niagara Falls . It's been on the website for 116 Days.

  • Duplex
    Property Type
  • 3
    Bedrooms
  • 2
    Bathrooms
  • Parking
  • MLS ID: X12177903
  • Office Name RE/MAX REALTY SERVICES INC.
Property Description

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.

Property Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: X12177903
  • Price: $564,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 125
  • Ref ID: X12177903
  • Approx Sqft: 1500-2000
  • Dir / Cross St: Ontario Ave & Bammpfield St
  • Status: Active
  • Tax Year: 2024
  • Property Type: Duplex
  • Property Sub Category: Duplex
Price History
List Date MLS ID List Price Status End Date Closed Price
05/28/2025 X12177903 $564,000 For Sale - -
02/03/2024 X8042800 $564,000 Expired -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Niagara Falls
  • $819,908 Average List Price
    based on 1 year
  • 390 New Listings
    based on 30 days
  • 71 Median Days on Market
    based on 1 year
  • List vs. Selling Price 220.78 % Up
  • Sold (12mo) 786
  • Rented (12mo) 377

  • 1 Month Change -28.6%
  • 3 Month Change -5.3%
  • 6 Month Change -35.3%
Walkscore
Property Type Distribution
  • All Houses
    78.36%
  • Commercial
    6.51%
  • Condo
    14.78%
  • Land for Sale
    0.34%
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 1
  • Garage Type Y
  • Parking Spaces: 4
  • Exterior Vinyl Siding
  • Kitchen 2
  • Parking Y
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 3
  • Washrooms Type 2: 1
  • Taxes: $2,862
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 28/05/2025 13:02:22
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