5042 Ontario Avenue, Niagara Falls, ON

$564,000

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3

Beds

2

Baths

1,500

Square feet

About 5042 Ontario Avenue

An incredible opportunity in the heart of Niagara Falls! This legal duplex offers versatility, charm, and reliable rental income-perfect for investors or those looking to live in on unit while renting the other. Situated just steps from the Niagara River, and minutes to Clifton Hill, the Casino, Go Station, and the USA border, this centrally located property features features two self-contained units with separate entrance and shared laundry/storage space in the basement. Main floor unit: A spacious one-bedroom layout with soaring 9-foot ceilings, a large , bright kitchen, a 4-piece bath and a mudroom with closet and window. This unit blends old-world charm with modern updates. Upper Unit: A sun-drenched two-bedroom unit with an open-concept kitchen and living room, and a modern feel throughout. Great natural light and functional living space. Additional Features: Professionally waterproofed basement with sump pump, shared laundry (new Washer 2025), two storage lockers for tenants + one for owner, updated electrical panel. Private, mature fenced yard. Both units are currently tenanted from long -term tenants with a month-to-month lease. Whether you're adding to your portfolio or house-hacking your way into the market, 5042 Ontario Avenue is a great opportunity.

Features of 5042 Ontario Avenue

MLS® # X12177903
Price $564,000
Bedrooms 3
Bathrooms 2.00
Square Footage 1,500
Acres 0.00
Type Residential
Style 2-Storey
Status Active

Community Information

Address 5042 Ontario Avenue
Area Niagara
Subdivision 210 - Downtown
City Niagara Falls
Province ON
Postal Code L2E 3R9

Amenities

Parking Spaces 4
# of Garages 0.00
Garages None
Is Waterfront No
Pool None

Interior

Heating Forced Air
Cooling None
Fireplace No
Basement Unfinished

Exterior

Exterior Stucco (Plaster), Vinyl Siding

Additional Information

Date Last Updated October 17th, 2025

Listing Details

OfficeRE/MAX REALTY SERVICES INC.

Listing Map

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