ONNiagaraNiagara Falls5145 Rice Crescent
5145 Rice Crescent
Interior view
Interior view
25
New
Duplex

5145 Rice Crescent

Niagara Falls, ON, L2E 4A1

Residential Freehold
Area
1100-1500 sq.ft
Bed
5
Bedrooms
Bath
4
Bathrooms
Parking
3
Single Garage

Asking Price

$599,000

Property Description

Original Remarks

Strong investment opportunity with multiple income streams and excellent flexibility for investors or owner-occupants. This legal duplex features a spacious 2-bedroom main floor unit and a bright 1-bedroom upper unit, each with separate entrances. Additionally there is a lower-level living space with in-law potential offering separate entrance, kitchen, bathroom and two bedrooms. Coin laundry on site provides added revenue opportunity. Property offers parking for 3 vehicles and a low-maintenance backyard for tenant enjoyment. Centrally located in a convenient downtown area within walking distance to shopping, restaurants, amenities, and the Falls. Excellent opportunity to add value and maximize cash flow in a high-demand rental location. Current total monthly rents are $4,600 and include all utilities. 24 hours notice required for all showings.

PROPERTY HISTORY

5145 Rice Crescent

Type:Duplex
Style:2-Storey
Size Range:1100-1500
Above grade sq.ft.:-
Below grade sq.ft:-
Total sq.ft:-
Listing ID:X13104854
Community:210 - Downtown
Days on Market:-
Year Built:-
Age range:-
Basement:Separate Entrance, Finished
Ownership Type:Residential Freehold
Condo Fee:N/A
Yearly Taxes:$2,620/yr (2025)
Municipality:Niagara Falls
Lot Size:50.00 x 90.00 Feet

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