5042 Ontario Ave

Niagara Falls | | L2E 3R9
  • 3
  • 2
  • 0

Ask: $569,000 $564,000

Est. Mtg $1,912 /mo
  • Days on market

    298

  • Status

    Ext

Listing Broker RE/MAX REALTY SERVICES INC.
Since listed: 2 views

Home details

MLS #:

X8042800

Property type:
Duplex
Style:
2-Storey
Taxes:
$2,739
Possession:
Flexible
Lot Front:
30.0   Feet
Lot Depth:
125.0   Feet
Basement:
Walk-Up |
Driveway Pkg:
4
Heat:
Gas | Forced Air

Description


5042 Ontario Ave, , Niagara Falls, Ontario is a Duplex property in Niagara Falls and in the community in the L2E 3R9 postal code


Excellent investment opportunity to own a two-storey legal duplex (main floor & upper level) that is already fully rented by two AAA tenants. ( monthly rent $2820 includes heat, hydro & water). This downtown Niagara Falls property is a stone's throw from the Niagara River, minutes to the Casino, attractions and the USA. Both units have been professionally renovated, are freshly painted, and complete with vinyl plank flooring throughout. Main floor is one bedroom with a bright spacious kitchen, combined living room / dining room, and 9 foot ceiling. Entrance to the main floor unit is through the rear entrance mudroom with closet & large window. Upper unit is a bright, two bedroom spacious apartment with a large eat-in kitchen, and modern 3-piece bath featuring a glass shower. Common access basement has two dedicated storage units and laundry. Upper tenant is a long term tenant who is now month to month. Lower tenant has been in the unit since Feb 2024.

Extras

.


History

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List Date End Date List Price End Price Status MLS #
2024-02 2024-11 $569,000 $564,000 Ext X8042800

Comparables

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sold Date Address List Price sold Price DOM
2024-11 12 Lowell St N, $699,900 $717,500 14
2024-10 49 Jarvis St, $499,000 $480,000 70
2024-10 206 Eleventh Ave, $174,900 $180,000 9
2024-10 77 Lorne Ave, $479,900 $465,000 19
2024-09 117 Bridge St W, $425,000 $410,000 63
2024-09 132 MOIRA St E, $475,000 $474,000 5
2024-09 5245 Palmer Ave, $529,900 $508,000 55
2024-08 306 Glen Miller Rd, A/B $340,000 $325,000 98
2024-07 42 Cheritan Crt, $1,245,000 $1,215,000 71
2024-07 36 Grove St, $495,000 $415,000 47
2024-07 375 Sheridan St, $549,900 $530,000 17
2024-07 7* MAPLE RIDGE Rd, $899,999 $874,900 37
2024-07 503 Bridge St E, $629,900 $600,000 80
2024-07 139 Becker St, $769,000 $760,000 51
2024-06 18 Stanley Ave, $1,049,900 $1,012,500 28

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Niagara Falls :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 5042 Ontario Ave

Based on available 3rd party data

$2275

Approximate costs per month

Mortgage
$1912 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$228 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker RE/MAX REALTY SERVICES INC.
Data Source: TRREB

Payment calculator

$2140 monthly. In association with: TD Bank
%
  • Principal and Interest
    1912 /mo
  • Property Taxes
    $228 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Gerry Crokidas, Realtor

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