5245 Palmer Avenue, Niagara Falls, ON, L2E 3T9

MLS® # 40619782

Investment For Sale In Elgin, Niagara Falls, Ontario

$529,900

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5245 Palmer Avenue, Niagara Falls, ON - Outdoor

5245 Palmer Avenue, Niagara Falls, ON - Outdoor With Exterior

5245 Palmer Avenue, Niagara Falls, ON - Indoor Photo Showing Other Room

5245 Palmer Avenue, Niagara Falls, ON - Indoor Photo Showing Kitchen

5245 Palmer Avenue, Niagara Falls, ON - Indoor

5245 Palmer Avenue, Niagara Falls, ON - Indoor Photo Showing Bedroom

5245 Palmer Avenue, Niagara Falls, ON - Indoor Photo Showing Bathroom

5245 Palmer Avenue, Niagara Falls, ON - Indoor Photo Showing Laundry Room

5245 Palmer Avenue, Niagara Falls, ON - Indoor Photo Showing Basement

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Home Insurance - TD Insurance

Get a home insurance quote online for this $529,900 property in Niagara Falls

Provided by TD Insurance

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5245 Palmer Avenue, Niagara Falls, ON, L2E 3T9

$529,900

Property Information:

ASSUMABLE MORTGAGE AT 1.94% !!! This Cash-Flowing Legal Duplex is situated in the heart of Downtown Niagara Falls! Minutes to Go-Station, the Niagara River, Clifton Hill and Casino Niagara. This turnkey investment features two above-grade units with hardwood flooring throughout. The main floor enjoys 2+1 bedrooms and full bath, and upper unit features 2 bedrooms and full bath. Separate hydro meters and entrance to the basement. 5 car paved parking. R2 zoning. Do not miss this opportunity to add this asset to your Niagara portfolio! Please contact listing Broker for Financials.

Inclusions: Smoke Detector,Window Coverings

Exclusions : Tenant Belongings

Building Features:

Floor Space: 1303 Square Feet

Property Features:

Bedrooms: 3
Acres Range: < 0.5
Basement: Full, Partially Finished
Construction Materials: Metal/Steel Siding
Cooling: Central Air
Driveway Parking: None, Private Drive Double Wide
Floor Space (approx): 1303 Square Feet
Heating: Baseboard, Forced Air, Natural Gas
Interior Features: Separate Hydro Meters
Laundry Features: Shared
Lot Depth: 57.6 Feet
Lot Features: Square, City Lot, Highway Access, Public Transit, School Bus Route, Schools
Lot Frontage: 50.00 Feet
Parking Features: Asphalt
Roof: Asphalt Shing
Security Features: Smoke Detector
Water Source: Municipal
Window Features: Window Coverings
Zoning: R2
Sewer: Sewer (Municipal)
No. of Parking Spaces: 5

Courtesy of: RE/MAX NIAGARA REALTY LTD, BROKERAGE

Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4
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

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

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Location of 5245 Palmer Avenue, Niagara Falls, ON, L2E 3T9

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: High

36 hot days expected in 2050

58/100

High

ClimateCheck®

Current data

This property, 5245 Palmer 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:

14 storms expected in 2050

61/100

ClimateCheck®

Current data

This property, 5245 Palmer 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 5245 Palmer Avenue, Niagara Falls, ON, L2E 3T9

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$78,186.50

Average Number of Children

1.51

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.83 %

High school certificate or equivalent

26.43 %

Apprenticeship trade certificate/diploma

5.95 %

College/non-university certificate

19.19 %

University certificate (below bachelor)

0.59 %

University Degree

27.01 %

Commuter

Travel To Work

By Car

81.39 %

By Public Transit

6.93 %

By Walking

2.1 %

By Bicycle

0.0 %

By Other Methods

9.58 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

20.72 %

Houses

79.28 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Sales/Price History

Market Price Trends

Location of 5245 Palmer Avenue, Niagara Falls, ON, L2E 3T9

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 5245 Palmer Avenue, Niagara Falls, ON, L2E 3T9

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

5245 Palmer Avenue, Niagara Falls, ON, L2E 3T9

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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