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5163 River Road, Niagara Falls, ON L2E 3G8

Niagara Falls, ON, L2E 3G8 · 210 - Downtown

4 Beds
2 Baths
Sq Ft
5 Parking
Duplex Type
X13206242 MLS#

About this property

SPECTACULAR NIAGARA RIVER DUPLEX WITH INCREDIBLE INCOME POTENTIAL! Situated on prestigious River Road, one of Niagara's most highly sought-after neighborhoods overlooking the majestic Niagara River, this massive, fully upgraded property offers an exceptional opportunity for savvy investors or owner-occupiers. The property features two expansive 1,300-square-foot units, each offering 2 spacious bedrooms, a beautifully updated bathroom, a bright sunroom, a kitchen, a formal dining room, and a living room complete with elegant French doors and gleaming hardwood floors. Both main and second-floor units boast individual full basements for ample storage, separate gas and hydro meters, and two owned hot water tanks. Capital improvements abound with a complete electrical rewiring in 2023 featuring pot lights throughout and hardwired smoke detectors, along with fully replaced windows and central air conditioning spanning all three floors. A detached double garage with concrete floors provides excellent parking or storage. Financially rewarding, the main floor currently generates $2,000 per month plus heat and hydro. The identical second-floor unit also commands $2,000 per month plus heat and hydro but will be delivered vacant on August 1st, allowing you to move right in or set your own current market rents. Adding massive upside is the 800-square-foot partially finished third-floor studio space, already framed with provisions for a kitchen, bathroom, and living area-an incredibly easy finish to maximize your revenue via the traditional rental market or a lucrative short-term Airbnb. Turnkey mechanics, premium location, and undeniable value-add potential make this River Road gem a rare find.

Features & Amenities

  • Basement: Full
  • Garage: Detached
  • Cooling: Central Air
  • Heat Type: Radiant
  • Heat Source: Gas
  • Style: 3-Storey
  • Construction: Brick, Wood
  • Sewer: Sewer

Property Details

Property Type Residential Freehold
Property Sub-Type Duplex
Architectural Style 3-Storey
Bedrooms 4
Bathrooms 2
Basement Full
Garage Detached
Parking Spaces 5
Heat Type Radiant
Heat Source Gas
Cooling Central Air
Sewer Sewer
Annual Tax $4,645
Tax Year 2026

Interior Features

Interior Features
Separate Hydro Meter, Storage, Water Heater Owned

Exterior Features

Pool Features
None
Waterfront
Yes
Waterfront Features
Other

Building & Construction

Architectural Style
3-Storey
Construction Materials
Brick, Wood
Foundation Details
Concrete Block
Roof
Asphalt Shingle
Basement
Full

Heating & Cooling

Heat Type
Radiant
Heat Source
Gas
Cooling
Central Air

Parking & Garage

Garage Type
Detached
Garage
Yes
Parking Spaces
5
Parking Total
7.00
Parking Features
Private
Covered Spaces
2

Lot & Land

Lot Size Units
Feet
Lot Depth
151.74
Lot Width
50.00

Financial & Tax

Tax Annual Amount
$4,645
Tax Year
2026
Possession Type
Flexible
Possession Details
FLEXIBLE

Utilities & Services

Sewer
Sewer

Room Details

Rooms Above Grade
12
Kitchens Above Grade
2
Kitchens Total
2
Bedrooms Above Grade
4

Additional Details

Occupant Type
Tenant
Direction Faces
West
County Or Parish
Niagara
Cross Street
OTTER
Directions
RIVER RD, BETWEEN OTTER AND SENACA STREETS
Special Designation
Unknown
Showing Requirements
Lockbox

Location

5163 River Road, Niagara Falls, ON L2E 3G8, Niagara Falls, ON, L2E 3G8

Listing courtesy of RE/MAX NIAGARA REALTY LTD, BROKERAGE
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