5145 Rice Crescent, Niagara Falls, ON L2E 4A1
Niagara Falls, ON, L2E 4A1 · 210 - Downtown
About this property
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. Current total monthly rents are $4,600 and include all utilities. 24 hours notice required for all showings.
Features & Amenities
- Basement: Separate Entrance, Finished
- Garage: None
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2-Storey
- Construction: Aluminum Siding, Metal/Steel Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Duplex |
| Architectural Style | 2-Storey |
| Bedrooms | 5 |
| Bathrooms | 4 |
| Basement | Separate Entrance, Finished |
| Garage | None |
| Parking Spaces | 3 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $2,620 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- In-Law Capability
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Aluminum Siding, Metal/Steel Siding
- Foundation Details
- Concrete Block
- Roof
- Asphalt Shingle
- Basement
- Separate Entrance, Finished
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 3
- Parking Total
- 3.00
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 90.00
- Lot Width
- 50.00
Financial & Tax
- Tax Annual Amount
- $2,620
- Tax Year
- 2025
- Possession Type
- Immediate
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 11
- Rooms Below Grade
- 5
- Kitchens Above Grade
- 2
- Kitchens Total
- 3
- Bedrooms Above Grade
- 3
- Bedrooms Below Grade
- 2
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- West
- County Or Parish
- Niagara
- Cross Street
- Rice and Ryerson
- Directions
- Victoria to Ryerson
- Special Designation
- Unknown
- Showing Requirements
- Showing System
Location
5145 Rice Crescent, Niagara Falls, ON L2E 4A1, Niagara Falls, ON, L2E 4A1