5145 Rice Crescent Niagara Falls, Ontario L2E 4A1
$549,000
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. (id:41589)
Property Details
| MLS® Number | X13104854 |
| Property Type | Multi-family |
| Community Name | 210 - Downtown |
| Equipment Type | Water Heater, Furnace |
| Parking Space Total | 3 |
| Rental Equipment Type | Water Heater, Furnace |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 5 |
| Appliances | Dryer, Stove, Washer, Refrigerator |
| Basement Development | Finished |
| Basement Features | Separate Entrance |
| Basement Type | N/a, N/a (finished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Aluminum Siding, Steel |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,100 - 1,500 Sqft |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 90 Ft |
| Size Frontage | 50 Ft |
| Size Irregular | 50 X 90 Ft |
| Size Total Text | 50 X 90 Ft |
| Zoning Description | R2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bathroom | 2.29 m | 2.44 m | 2.29 m x 2.44 m |
| Second Level | Kitchen | 2.47 m | 2.83 m | 2.47 m x 2.83 m |
| Second Level | Living Room | 5.95 m | 4.7 m | 5.95 m x 4.7 m |
| Second Level | Bedroom | 3.08 m | 4.79 m | 3.08 m x 4.79 m |
| Basement | Kitchen | 3.96 m | 3.75 m | 3.96 m x 3.75 m |
| Basement | Living Room | 2.71 m | 5.52 m | 2.71 m x 5.52 m |
| Basement | Bathroom | 2.13 m | 1.52 m | 2.13 m x 1.52 m |
| Basement | Bedroom | 3.29 m | 3.96 m | 3.29 m x 3.96 m |
| Basement | Bedroom 2 | 3.32 m | 3.66 m | 3.32 m x 3.66 m |
| Main Level | Living Room | 6.55 m | 4.15 m | 6.55 m x 4.15 m |
| Main Level | Kitchen | 3.29 m | 2.99 m | 3.29 m x 2.99 m |
| Main Level | Bathroom | 2.32 m | 1.68 m | 2.32 m x 1.68 m |
| Main Level | Bedroom | 3.2 m | 3.44 m | 3.2 m x 3.44 m |
| Main Level | Bedroom 2 | 3.11 m | 3.41 m | 3.11 m x 3.41 m |
| Main Level | Bathroom | 1.13 m | 2.32 m | 1.13 m x 2.32 m |
https://www.realtor.ca/real-estate/29725315/5145-rice-crescent-niagara-falls-downtown-210-downtown
Michelle Chappell
Salesperson
14 Queen Street Box 1570
Niagara On The Lake, Ontario L0S 1J0
(905) 468-0001
(905) 468-7653
www.sothebysrealty.ca/
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June 15 2026 07:07:18
Niagara Association of REALTORS®
Boldt Realty Inc., Brokerage