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5145 Rice Crescent, Niagara Falls, ON L2E 4A1
Niagara Falls, ON L2E 4A1
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
Building details
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 |