5748 LEONARD Avenue 215 - Hospital, Niagara Falls, Ontario, CA

Address: 5748 LEONARD Avenue, Niagara Falls, Ontario

6 Beds3 Baths2444 sqftStatus: Buy
Price $699,000

Property Overview


Prime Investment Opportunity in a Highly Sought-After Location! Discover this exceptionally well-located investment property, perfectly positioned near the vibrant Lundy's Lane tourist area. Enjoy the convenience of being close to popular restaurants, shopping centers, public transit, schools, parks, and major tourist destinations, with easy highway access. This property is zoned R2 and offers a versatile duplex setup with an additional 2-bedroom suite in the basement. Each unit features 2 bedrooms and private entrances, providing comfort and privacy for all occupants. The property is fully occupied, month-to-month tenants. Tenants pay their own hydro, with three separate hydro meters in place. Rent for the main floor unit includes heat, water, and internet, adding extra value. Maximize your investment potential with the detached double garage, Previously leased as a workshop or storage space, it comes equipped with a separate panel that can be reconnected to the hydro meter, along with water and sewer pipes that are currently capped off. Additional features include a partially fenced yard and a storage shed behind the garage. This property is available immediately with tenants in place, offering an excellent opportunity for savvy investors to make the most of their investment dollars. Don't miss out on this fantastic property in a prime location! (id:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Duplex
Storeys
2
Square Footage
2444 sqft
Subdivision Name
215 - Hospital
Title
Freehold
Land Size
under 1/2 acre
Built in
1910
Parking Type
Detached Garage
Building
Bathrooms
Total
6
Interior Features
Basement Type
Full (Partially finished)
Building Features
Foundation Type
Block
Square Footage
2444 sqft
Rental Equipment
Water Heater
Fire Protection
Unknown
Structures
Shed
Heating & Cooling
Cooling
None
Heating Type
Forced air
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Other
Neighbourhood Features
Community Features
School Bus
Amenities Nearby
Park, Public Transit, Schools, Shopping
Parking
Parking Type
Detached Garage
Total Parking Spaces
5
Land
Other Property Information
Zoning Description
R2
Features
           Detached Garage            None
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Your Home Finance Calculation

Property Price CA $699,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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