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5459 Ontario Avenue Niagara Falls ON

📍 Niagara Falls, Ontario L2E 3S4

$998,000

Active
7BEDS
6BATHS
6PARKING
6KITCHENS
50.12×127.88LOT (FT)
51-99AGE

📋 Listing Highlights

StatusActive
MLS®X13132744
ListedMay 15, 2026
Days on Market—
Property TypeResidential Freehold
StyleFourplex
Cross StreetNiagara River Pkwy & Eastwood Cres
PossessionTBD

📝 Listing Description

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.

🏠 Property Details

Property TypeResidential Freehold
StyleFourplex
Bedrooms7
Bathrooms6
Kitchens6
Approx. Age51-99

📐 Lot & Land

Lot Width50.12 ft
Lot Depth127.88 ft
Cross StreetNiagara River Pkwy & Eastwood Cres

🔧 Building & Utilities

Heat SourceGas
HeatingWater
CoolingNone
BasementApartment, Finished
GarageNone
Parking6
ConstructionAluminum Siding
RoofAsphalt Shingle

💰 Financial

List Price$998,000
Annual Taxes$6,170 (2025)
PossessionTBD

🧮 Mortgage Calculator

$199,600
Est. Monthly Payment
$4,903/mo
Principal: $798,400 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by RE/MAX EXPERTSData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X13132744 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.