5042 Ontario Avenue, Niagara Falls, ON, L2E 3R9

MLS® # 40536832

Investment For Sale In Elgin, Niagara Falls, Ontario

$564,000

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5042 Ontario Avenue, Niagara Falls, ON - Outdoor

5042 Ontario Avenue, Niagara Falls, ON - Indoor Photo Showing Other Room

5042 Ontario Avenue, Niagara Falls, ON - Indoor Photo Showing Bathroom

5042 Ontario Avenue, Niagara Falls, ON - Indoor Photo Showing Kitchen With Double Sink

5042 Ontario Avenue, Niagara Falls, ON - Indoor Photo Showing Bedroom

5042 Ontario Avenue, Niagara Falls, ON - Indoor Photo Showing Kitchen

5042 Ontario Avenue, Niagara Falls, ON - Indoor

5042 Ontario Avenue, Niagara Falls, ON - Indoor Photo Showing Living Room With Fireplace

5042 Ontario Avenue, Niagara Falls, ON - Indoor Photo Showing Laundry Room

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Home Insurance - TD Insurance

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Home Insurance - TD Insurance

Get a home insurance quote online for this $564,000 property in Niagara Falls

Provided by TD Insurance

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5042 Ontario Avenue, Niagara Falls, ON, L2E 3R9

$564,000

Property Information:

Excellent investment opportunity to own a two-storey legal duplex (main floor & upper level) that is already fully rented by two AAA tenants. ( monthly rent $2820 includes heat, hydro & water). This downtown Niagara Falls property is a stone's throw from the Niagara River, minutes to the Casino, attractions and the USA. Both units have been professionally renovated, are freshly painted, and complete with vinyl plank flooring throughout. Main floor is one bedroom with a bright spacious kitchen, combined living room / dining room, and 9 foot ceiling. Entrance to the main floor unit is through the rear entrance mudroom with closet & large window. Upper unit is a bright, two bedroom spacious apartment with a large eat-in kitchen, and modern 3-piece bath featuring a glass shower. Common access basement has two dedicated storage units and laundry. Upper tenant is a long term tenant who is now month to month. Lower tenant has been in the unit since Feb 2024

Inclusions: Carbon Monoxide Detector,2 Fridges, 2 Stoves, Clothes Washer & Dryer

Building Features:

Floor Space: 1555 Square Feet

Property Features:

Bedrooms: 3
Acres Range: < 0.5
Basement: Separate Entrance, Walk-Up Access, Full, Unfinished, Sump Pump
Built in: 1920
Construction Materials: Stucco, Vinyl Siding
Cooling: None
Driveway Parking: Front Yard Parking, Private Drive Triple+ Wide
Floor Space (approx): 1555 Square Feet
Heating: Forced Air, Natural Gas
Laundry Features: Common Area
Lot Depth: 125 Feet
Lot Features: City Lot, Public Transit
Lot Frontage: 30.00 Feet
Other Structures: Shed(s)
Roof: Asphalt Shing
Security Features: Carbon Monoxide Detector, Carbon Monoxide Detector(s)
Water Source: Municipal
Water Treatment:
Zoning: Residential
Sewer: Sewer (Municipal)
No. of Parking Spaces: 4

Courtesy of: REMAX REALTY SERVICES INC., RE/MAX REALTY SERVICES INC.

Data provided by: Mississauga Real Estate Board 3450 Ridgeway Dr. #1, Mississauga, Ontario L5L 0A2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

Location of 5042 Ontario Avenue, Niagara Falls, ON, L2E 3R9

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

36 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

36 hot days expected in 2050

58/100

Moderate

ClimateCheck®

Current data

This property, 5042 Ontario Avenue , experiences 7 hot days per year at around 31 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 36 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past

31℃

2050

34.7℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

61/100

Moderate-High

ClimateCheck®

Current data

This property, 5042 Ontario Avenue , experiences 11 significant 2-day storms per year, with about 317.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 390.9mm of precipitation per year.

Precipitation Per Storm

Past

317.5mm

2050

390.9mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 5042 Ontario Avenue, Niagara Falls, ON, L2E 3R9

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$78,181.13

Average Number of Children

1.56

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.48 %

High school certificate or equivalent

32.25 %

Apprenticeship trade certificate/diploma

4.42 %

College/non-university certificate

19.7 %

University Degree

21.15 %

Commuter

Travel To Work

By Car

84.72 %

By Public Transit

3.88 %

By Walking

5.17 %

By Bicycle

0.0 %

By Other Methods

6.23 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

28.94 %

Houses

71.06 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 5042 Ontario Avenue, Niagara Falls, ON, L2E 3R9

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 5042 Ontario Avenue, Niagara Falls, ON, L2E 3R9

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

5042 Ontario Avenue, Niagara Falls, ON, L2E 3R9

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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