Tej Thakor Broker of Record / Owner 647-684-1731
For Sale
MLS®# X13104854

5145 Rice Crescent, Niagara Falls, ON L2E 4A1

Niagara Falls, ON L2E 4A1

$549,000 Est. $2,332/mo · 20% down, 25-yr, 4.09% ↓ $50,000 (-8.3%)
3 + 2Beds
4Baths
50 × 90 ftLot
3Parking
DuplexType

About this property

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.

Property Summary

Property TypeDuplex
Square Footage1100 - 1500 sq ft
Community Name210 - Downtown
Land Size50 x 90 ft
Annual Property Taxes$2,620.00
Tax Year2025
Parking TypeNone Garage

Building details

Bedrooms3 + 2 (total 5)
Bathrooms / washrooms4 — 3-pc Main, 3-pc Basement, 3-pc Second
Kitchens2 + 1
Rooms11 + 5
Family room1
Property typeDuplex
Architectural style2-Storey

Room dimensions

# Room Level Dimensions Features
1 Living Room Main 6.55 × 4.15 ft
2 Kitchen Main 3.29 × 2.99 ft
3 Bathroom Main 2.32 × 1.68 ft 3 Pc Bath
4 Bedroom Main 3.2 × 3.44 ft
5 Bedroom 2 Main 3.11 × 3.41 ft
6 Bathroom Main 1.13 × 2.32 ft 3 Pc Ensuite
7 Kitchen Second 2.47 × 2.83 ft
8 Living Room Second 5.95 × 4.7 ft
9 Bedroom Second 3.08 × 4.79 ft
10 Bathroom Second 2.29 × 2.44 ft 3 Pc Bath
11 Kitchen Basement 3.96 × 3.75 ft
12 Living Room Basement 2.71 × 5.52 ft
13 Bathroom Basement 2.13 × 1.52 ft 3 Pc Bath
14 Bedroom Basement 3.29 × 3.96 ft
15 Bedroom 2 Basement 3.32 × 3.66 ft

Lot & land

Lot dimensions50 × 90 ft
Lot frontage50 ft
Lot depth90 ft

Interior Features

Basement FeaturesSeparate Entrance, Finished
Basement TypeFinished
Interior FeaturesIn-Law Capability
Inclusions3 fridges, 3 stoves, washing machine, dryer

Building Features

Foundation TypeConcrete Block
Style2-Storey
RoofAsphalt Shingle
ConstructionAluminum Siding, Metal/Steel Siding

Building Amenities

PoolNone

Rental Equipment

Rental equipmentHot water tank and furnace

Heating & Cooling

CoolingCentral Air
Heating TypeForced Air
Heating SourceGas

Utilities

Utility SewerSewer

Parking

Parking TypeNone Garage
Total Parking Spaces3

Taxes & fees

Annual taxes$2,620 (2025)

Listing history

On market sinceMay 8, 2026
Original list price$599,000

Location

Niagara Falls, ON L2E 4A1
Listed by BOLDT REALTY INC., BROKERAGE, Brokerage · Listing data sourced from TRREB®, refreshed nightly.
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The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA). Used under licence. Information deemed reliable but not guaranteed. Tej Thakor is a Broker of Record at Royal LePage Terra Realty.
Call Tej Now 647-684-1731
5145 Rice Crescent, Niagara Falls, ON L2E 4A1