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$ 1,199,999
Est. payment | /mo
5 Beds
4 Baths
$ 1,199,999
Est. payment | /mo
5 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision 214 - Clifton Hill
MLS Listing ID X12424757
Style Other
Bedrooms 5
Annual Tax Amount $4,662
Tax Year 2025
Property Sub-Type Triplex
Property Description
Prime Investment with Severance Potential! Welcome to 5464 Lewis Avenue, in the heart of Niagara Falls. This renovated triplex offers 5 bedrooms across three fully rented units, an ideal turn-key investment. Extensively updated just three years ago with over $150,000 in renovations, including a new roof and modern finishes throughout, each unit has been thoughtfully refreshed to attract quality tenants and maximize rental income. Sitting on a massive lot, this property also presents rare future development potential. The seller is only one step away from completing the severance process, positioning this as not just an immediate income generator, but also a future growth opportunity for savvy buyers. With all units currently occupied, major upgrades complete, and severance nearly finalized, this triplex is a true gem in Niagara Falls. Whether you're expanding your rental portfolio or looking to capitalize on redevelopment, 5464 Lewis Avenue offers exceptional value and opportunity.
Location
Province ON
County Niagara
Area Niagara
Zoning DTC
Rooms
Family Room Yes
Basement Full
Kitchen 3
Interior
Interior Features Other
Cooling Central Air
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 67.6
Lot Depth 140.0
Total Parking Spaces 2
Building
Foundation Concrete
Others
Senior Community No
ParcelsYN No
Listed by Real Broker Ontario Ltd.
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