5042 Ontario Ave, Niagara Falls

Kitchen - 5042 Ontario Ave, Niagara Falls, ON L2E3R9 Photo 1

31 Photos

Mud room - 5042 Ontario Ave, Niagara Falls, ON L2E3R9 Photo 2
Living room - 5042 Ontario Ave, Niagara Falls, ON L2E3R9 Photo 3
Primary Bedroom - 5042 Ontario Ave, Niagara Falls, ON L2E3R9 Photo 4
Bathroom - 5042 Ontario Ave, Niagara Falls, ON L2E3R9 Photo 5
Kitchen - 5042 Ontario Ave, Niagara Falls, ON L2E3R9 Photo 6
Living room - 5042 Ontario Ave, Niagara Falls, ON L2E3R9 Photo 7
  • Bedrooms: 3
  • Bathrooms: 2
  • MLS®: x8042800
  • Type: Duplex
  • Added: 95 days ago

Property Details

Excellent investment opportunity to own a two-storey legal duplex (main floor & upper level) that is already fully rented by two A+ 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 ceilings. Also a 4-piece bathroom with a backyard facing window. Entrance to 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 been professionally waterproofed, has s sump pump, two dedicated storage units, and clothes washer & dryer. (id:1945)

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Property Information

  • Heating: Forced air, Natural gas
  • Stories: 2
  • Basement: Walk-up, N/A
  • Photos Count: 31
  • Parking Total: 4
  • Bedrooms Total: 3
  • Structure Type: Duplex
  • Tax Annual Amount: 2739.21
  • Exterior Features: Stucco, Vinyl siding
  • Lot Size Dimensions: 30 x 125 FT

Features

  • Other: 2 Kitchens, Laundry: On Lower Level, Faces West
  • Heating: Forced Air, Gas
  • Lot Features: Other Structures: Garden Shed
  • Sewer/Water Systems: Water Source: Municipal, Sewage Disposal: Sewers
Room Dimensions
Type Level Dimensions
Kitchen Ground level
Mud room Ground level
Living room Ground level
Primary Bedroom Ground level
Bathroom Ground level
Kitchen Upper Level
Living room Upper Level
Primary Bedroom Upper Level
Bedroom 2 Upper Level
Bathroom Upper Level
Foyer Upper Level
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members of The Canadian Real Estate Association

Nearby Places

Name Type Address Distance
James G. Marshall House It is a three-story Arts and Crafts style dwelling... 0.6 km
Queen Street Arts and Culture District (Niagara Falls, Ontario) The street is now populated with art galleries, re... 0.6 km
Niagara Falls Transit Terminal Niagara Falls Transit Terminal is located south of... 0.8 km
Niagara Hostel The hostel is close in proximity to the internatio... 0.8 km
Chilton Avenue-Orchard Parkway Historic District The dominant architectural styles are Queen Anne, ... 0.8 km
Niagara Falls railway station (Ontario) The Maple Leaf is a joint Amtrak-Via Rail service:... 0.8 km
Niagara Falls Public Library Brydges Library, is a historic library located at ... 0.9 km
Niagara Gorge Discovery Center The museum also showcases the history of the Great... 0.9 km
Park Place Historic District (Niagara Falls, New York) It is principally a residential district built up ... 0.9 km
Schoellkopf Power Station Understanding the growing need for electricity and... 0.9 km
Niagara Cantilever Bridge An international railway-only bridge between Canad... 0.9 km
First Unitarian Universalist Church of Niagara The steel and concrete church is faced with rough,... 0.9 km
5042 Ontario Ave mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 5042 Ontario Ave. The current price of the property is $569,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $455,200. This would result in a monthly mortgage payment of $2,661 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 10
Bachelor's degree 35
University / Below bachelor level 10
Certificate of Qualification 30
College 50
University degree at bachelor level or above 45

Neighbourhood Marital Status Stat

Married 145
Widowed 20
Divorced 40
Separated 10
Never married 115
Living common law 55
Married or living common law 200
Not married and not living common law 195

Neighbourhood Construction Date

1961 to 1980 40
1981 to 1990 10
1960 or before 160
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