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$ 549,900
Est. payment /mo
New
5751 Leonard AVE Niagara Falls, ON L2G 4R4
5 Beds
3 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision 215 - Hospital
MLS Listing ID X13631168
Style 2-Storey
Bedrooms 5
Annual Tax Amount $3,789
Tax Year 2025
Property Sub-Type Detached
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
Location
Province ON
County Niagara
Area Niagara
Rooms
Family Room No
Basement Separate Entrance, Finished
Kitchen 3
Interior
Interior Features Accessory Apartment
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Garage Spaces 2.0
Pool None
Waterfront Description None
Roof Type Asphalt Shingle
Topography Flat,Dry
Lot Frontage 40.09
Lot Depth 119.92
Total Parking Spaces 6
Building
Unit Features Place Of Worship,Public Transit,School
Foundation Unknown
Others
ParcelsYN No
Listed by ROYAL LEPAGE NRC REALTY