5365 Portage Road, Niagara Falls, ON L2E 6B8

$489,000
3
BD
3
BA
1,100
SqFt

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List Price
$489,000
MLS#
X13812322
Status
ACTIVE
Type
Single Family Residential
SubType
Detached
Style
1 1/2 Storey
Bedrooms
3
Bathrooms
3
Living Area
1100-1500
Province
ON
Municipality
Niagara Falls
Area
Niagara
Neighborhood
211 - Cherrywood
Subdivision
Portage/Morrison Road

Property Description

Don't miss this chance to secure a flexible, income-generating property with room to expand. This property offers a unique opportunity for investors seeking rental income, workshop space, and long-term potential all within city limits. Close to Hwy, Hospital, Fall, Police Headquarters, this property is set on a large, private lot off Portage Road. , The house is partially hidden from the street offering a rare sense of seclusion. . A long private driveway provides access to multiple parking areas and a 24 x 24 insulated Quonset garage, ideal for storage, a workshop, or rental to tradespeople and small business operators. The home features: 3 bedrooms, 2.5 bathrooms, Open-concept main floor with living, dining, and kitchen. Main floor bedroom & powder room, Sunroom, mudroom, and rear deck. Hardwood flooring. The basement offers a separate entrance, a recreation room, 3-piece bathroom, laundry, and high ceilings providing potential for conversion to a secondary suite. Bonus Value: Currently tenanted, at $2250 with utilities paid by tenant, generating income from day one. The Quonset garage offers additional income potential as a rental workspace. Massive lot with fenced area, multiple parking spots, and room for equipment. Strategically located close to major highways, U.S. border, hospital, tourist attractions, and shopping, this property is ideal for a live/work setup or as part of an investment portfolio.

Additional Information

Taxes
$3,097
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Wall Unit(s)
Kitchens
1
Exterior
Brick
Garage Spaces
2
Garage Type
Detached
Pool
None
Parking Spaces
8

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Calculator source: Real Geeks

Listing courtesy of QUANTUM TEAM REALTY.