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$899,000
Ontario,Niagara Falls (Downtown)
For Sale Active
5163 RIVER ROAD, Niagara Falls (Downtown), Ontario L2E3G8
  • 4
  • 2
  • 3000 - 3500Square Feet
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Basic Details
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. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X13206242
  • Price: $899,000
  • Bedrooms: 4
  • Bathrooms: 2
  • Square Footage: 3000 - 3500 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 75310
Features & Appliances
Features
  • Heating System: Natural gas, Radiant heat
  • Cooling System: Central air conditioning
  • Basement: Full
  • Parking: Detached Garage, Garage
  • Exterior Features: Brick, Wood
  • Sewer: Sanitary sewer
  • Utilities: Electricity, Sewer
  • Waterfront Features: Waterfront on river
Address Map
  • Location: CA, Ontario, Niagara Falls (Downtown), L2E3G8
  • Street: River
  • Street Number: 5163
  • Street Suffix: Road
  • Longitude: W80° 56' 6.6''
  • Latitude: N43° 5' 59.2''
Additional Information
  • Water Body Name: Niagara River
  • Water Source:
  • Foundation Details:
  • Lot Size Dimensions: 50 x 151.7 FT
  • Stories: 3.0
Financial
  • Tax Annual Amount: 4645
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Listing updated: 2026-06-18 17:40:17
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Listing Information
  • List Agent Key: 1501026
  • List Office Key: 75310
  • Modification Timestamp: 2026-06-10T16:05:06Z
  • Originating System Name: Niagara Association of REALTORS®
  • Status Change Timestamp: 2026-06-10T15:57:30Z
Powered by REALTOR.ca
Listing updated: 2026-06-18 17:40:17
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