5751 Leonard Avenue, Niagara Falls, ON L2G 4R4
- $549,900
- 5
- BD
- 3
- BA
- 1,100
- SqFt
- List Price
- $549,900
- MLS#
- X13631168
- Status
- ACTIVE
- Type
- Single Family Residential
- SubType
- Detached
- Style
- 2-Storey
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 1100-1500
- Province
- ON
- Municipality
- Niagara Falls
- Area
- Niagara
- Neighborhood
- 215 - Hospital
- Subdivision
- Lundys Lane
Property Description
Rare Investment Opportunity or Flexible Multi-Family Living in Prime Center City Niagara Falls!Welcome to this exceptionally versatile corner property located in a highly desirable, walkable pocket of Niagara Falls. Recently renovated from top to bottom, this turnkey single-family home offers R3/Triplex-ready zoning potential, split perfectly into three independent 2-bedroom units (6 bedrooms, 3 bathrooms total) with appliances. Whether you are looking to cash-flow a high-yield investment with a potential market rent of $4,300/month or seek a multi-generational setup where the main and lower levels easily combine into a massive family home while the upper unit pays your mortgage this property delivers.The property features a massive, detached, heated double garage-a mechanic or hobbyist's dream-complemented by an expansive driveway offering total parking for up to 6 vehicles. Capital expenses have been thoroughly updated for peace of mind, featuring a central air system and premium newer windows and doors (all professionally installed in 2020 and meticulously maintained annually), alongside a durable 11-year-old roof.Situated on a prominent corner lot, this prime location offers immediate access to local schools, public transit, and a vibrant, walkable layout close to all central amenities. The upper unit is currently occupied by an excellent tenant until July 31, 2026, while the main floor and basement units have just been vacated, allowing you to set your own rents or move right in 24 Hour notice for upper tenent
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Additional Information
- Taxes
- $3,789
- Water
- Lake/River
- Heat Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning
- Central Air
- Kitchens
- 3
- Exterior
- Vinyl Siding
- Waterfront Type
- None
- Garage Spaces
- 2
- Garage Type
- Detached
- Pool
- None
- Parking Spaces
- 6
- Parking Type
- Private
Mortgage Calculator
Listing courtesy of ROYAL LEPAGE NRC REALTY.