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5866 Valley Way, Niagara Falls, ON L2E 1Y1

Niagara Falls, ON, L2E 1Y1 · 211 - Cherrywood

6 Beds
4 Baths
Sq Ft
4 Parking
Detached Type
X13468336 MLS#

About this property

Welcome to 5866 Valley Way, Niagara Falls - a rare Live & Earn opportunity in one of Niagara's most desirable and convenient locations! Whether you're a first-time home buyer, growing family, savvy investor, or someone looking to offset mortgage costs with rental income, this beautiful all-brick bungalow offers exceptional flexibility and value.Situated on an impressive 71-foot frontage lot, this unique property features 3 self-contained units, making it an outstanding income-generating investment. Live comfortably in the main-level residence while earning rental income from the lower units, or maximize cash flow by renting all three units. The home features a practical and versatile layout that is rarely available in today's market.The bright and spacious main floor offers over 1,000 sq. ft. of living space with modern finishes throughout, while the lower level boasts two separate units with private entrances. One lower unit is a legal 2-bedroom apartment, and the second 1+1 bedroom unit has permit documentation available. Each level is equipped with its own kitchen and laundry facilities, providing convenience and privacy for occupants. This carpet-free home features pot lights throughout, fresh paint, modern finishes, abundant natural light, and an upgraded 200-amp electrical panel. The extra-long private driveway accommodates up to 5 vehicles, making parking effortless for residents and guests alike. Perfectly located just minutes from Niagara Falls' world-famous attractions, tourist district, casinos, restaurants, shopping, hospitals, schools, parks, GO Transit, and major highways, this property offers the ideal combination of lifestyle and investment potential.Whether you're looking to live in one unit and generate additional income or add a strong cash-flowing asset to your portfolio, 5866 Valley Way is a truly worthwhile investment and an opportunity not to be missed!

Features & Amenities

  • Basement: Apartment
  • Garage: Attached
  • Cooling: Central Air
  • Heat Type: Forced Air
  • Heat Source: Gas
  • Style: Bungalow
  • Construction: Brick
  • Sewer: Sewer

Property Details

Property Type Residential Freehold
Property Sub-Type Detached
Architectural Style Bungalow
Bedrooms 6
Bathrooms 4
Basement Apartment
Garage Attached
Parking Spaces 4
Heat Type Forced Air
Heat Source Gas
Cooling Central Air
Sewer Sewer
Annual Tax $4,004
Tax Year 2025

Interior Features

Interior Features
None

Exterior Features

Pool Features
None

Building & Construction

Architectural Style
Bungalow
Construction Materials
Brick
Foundation Details
Concrete
Roof
Shingles
Basement
Apartment

Heating & Cooling

Heat Type
Forced Air
Heat Source
Gas
Cooling
Central Air

Parking & Garage

Garage Type
Attached
Garage
Yes
Parking Spaces
4
Parking Total
5.00
Parking Features
Private
Covered Spaces
1

Lot & Land

Lot Size Units
Feet
Lot Depth
75.00
Lot Width
71.20

Community & Neighborhood

Property Features
Place Of Worship, School, Park

Financial & Tax

Tax Annual Amount
$4,004
Tax Year
2025
Possession Type
Flexible
Possession Details
TBA

Utilities & Services

Sewer
Sewer

Room Details

Rooms Above Grade
6
Rooms Below Grade
7
Kitchens Above Grade
3
Kitchens Total
3
Bedrooms Above Grade
3
Bedrooms Below Grade
3

Additional Details

Occupant Type
Partial
Direction Faces
North
County Or Parish
Niagara
Cross Street
PORTAGE RD / VALLEY WAY
Directions
PORTAGE RD / VALLEY WAY
Special Designation
Unknown
Showing Requirements
Lockbox

Location

5866 Valley Way, Niagara Falls, ON L2E 1Y1, Niagara Falls, ON, L2E 1Y1

Listing courtesy of ZOWN REALTY INC.
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