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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

Est. payment | -/mo

4 Beds

2 Baths

Save

Est. payment | -/mo

Save

4 Beds

2 Baths

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision 210 - Downtown

MLS Listing ID X13206242

Style 3-Storey

Bedrooms 4

Annual Tax Amount $4,645

Tax Year 2026

Property Sub-Type Duplex

Property Description

SPECTACULAR NIAGARA RIVER DUPLEX WITH INCREDIBLE INCOME POTENTIAL! Situated on prestigious River Road, one of Niagara's most highly sought-after neighborhoods overlooking the majestic Niagara River, this massive, fully upgraded property offers an exceptional opportunity for savvy investors or owner-occupiers. The property features two expansive 1,300-square-foot units, each offering 2 spacious bedrooms, a beautifully updated bathroom, a bright sunroom, a kitchen, a formal dining room, and a living room complete with elegant French doors and gleaming hardwood floors. Both main and second-floor units boast individual full basements for ample storage, separate gas and hydro meters, and two owned hot water tanks. Capital improvements abound with a complete electrical rewiring in 2023 featuring pot lights throughout and hardwired smoke detectors, along with fully replaced windows and central air conditioning spanning all three floors. A detached double garage with concrete floors provides excellent parking or storage. Financially rewarding, the main floor currently generates $2,000 per month plus heat and hydro. The identical second-floor unit also commands $2,000 per month plus heat and hydro but will be delivered vacant on August 1st, allowing you to move right in or set your own current market rents. Adding massive upside is the 800-square-foot partially finished third-floor studio space, already framed with provisions for a kitchen, bathroom, and living area-an incredibly easy finish to maximize your revenue via the traditional rental market or a lucrative short-term Airbnb. Turnkey mechanics, premium location, and undeniable value-add potential make this River Road gem a rare find.

Location

Province ON

County Niagara

Area Niagara

Zoning r2

Body of Water Niagara River

Rooms

Family Room No

Basement Full

Kitchen 2

Interior

Interior Features Separate Hydro Meter, Storage, Water Heater Owned

Cooling Central Air

Exterior

Parking Features Private

Garage Spaces 2.0

Pool None

Waterfront Description Other

Roof Type Asphalt Shingle

Road Frontage Public Road

Lot Frontage 50.0

Lot Depth 151.74

Total Parking Spaces 7

Building

Foundation Concrete Block

Others

Senior Community Yes

ParcelsYN No

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

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+1(647) 493-3579

info@tonyledi.com

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5163 River RD Niagara Falls, ON L2E 3G8