5042 Ontario Ave
Downtown, Niagara Falls
$564,000
Buy with Dwelly and Save $5,640
Home Details
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Listing Description
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.
2 fridges, 2 stoves, washer, dryer, shed
City: Niagara Falls
Neighborhood: Downtown
Property History
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Feb 3, 2024 | N/A | $564,000 | N/A | N/A | X8042800 |
Rooms
Room dimensions for 5042 Ontario Ave, Niagara Falls
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 5042 Ontario Ave is 3019
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $564000 |
| Down Payment | $112800 |
| Mortgage Insurance | $0 |
| Total Mortgage | $451200 |
Monthly Payment
| Mortgage Payment | $2780 |
| Property Taxes | $239 |
| Maintenance Fees | $0 |
| Monthly Payment | $3019 |
Sold Comparables
Sold Comparables homes near 5042 Ontario Ave, Niagara Falls
About 5042 Ontario Ave, Niagara Falls
Located at 5042 Ontario Ave , this Niagara Falls house is available for sale. This property was listed for $564,000 on Wed May 28 2025. This house's size is 1500-2000 Sqft. It has 3 bedrooms and 2 bathrooms. The property includes the following rooms: Kitchen, Mudroom, Living, Primary, Kitchen, Living, Primary, Bathroom, Foyer. This property comes with 4 parking spots. 5042 Ontario Ave, Niagara Falls is situated in the Downtown neighbourhood.
MLS#: X12177903 · $564,000 · 3 bedroom house in Downtown, Niagara Falls