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Renanza Realty
For sale

5145 RICE CRESCENT

Niagara Falls (Downtown), Ontario

MLS® X13720124

$499,000

Status
Active
Property type
Multi-family
MLS® number
X13720124
Bedrooms
5
Bathrooms
4
Year built

Listing description

Strong investment opportunity with multiple income streams and excellent flexibility for investors or owner-occupants. This legal duplex features a spacious 2-bedroom main floor unit and a bright 1-bedroom upper unit, each with separate entrances. Additionally there is a lower-level living space with in-law potential offering separate entrance, kitchen, bathroom and two bedrooms.

Coin laundry on site provides added revenue opportunity. Property offers parking for 3 vehicles and a low-maintenance backyard for tenant enjoyment. Centrally located in a convenient downtown area within walking distance to shopping, restaurants, amenities, and the Falls.

Excellent opportunity to add value and maximize cash flow in a high-demand rental location. 24 hours notice required for all showings.

Property summary

MLS® number
X13720124
Property type
Multi-family
Building type
Duplex
Land size
50 x 90 FT
Annual property taxes
$2,620.00
Parking
3 spaces · No Garage
Days on market
21 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Finished, Separate entrance, N/A, N/A
Appliances
Washer, Refrigerator, Stove, Dryer
Exterior features
Steel, Aluminum siding

What would this home cost you?

Based on the $499,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,322 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of BOLDT REALTY INC., BROKERAGE, ST. CATHARINES.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.