Gurvinder Nokwal REALTOR®
For Sale Duplex 52 days on market

$499,000

Est. payment $2,209/moCalculate yours

5145 Rice Crescent, Niagara Falls, ON L2E 4A1

210 - Downtown, Niagara Falls, ON L2E 4A1

  • 3 + 2 Beds
  • 4 Baths
  • 1,100 Sq Ft
Map

Listing courtesy of BOLDT REALTY INC., BROKERAGE MLS® X13720124

About this home

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. 24 hours notice required for all showings.

Property details

Overview

Property Type
Duplex
Style
2-Storey
For
For Sale
Status
New
Size
1,100 sqft

Interior

Bedrooms
3 + 2
Bathrooms
4
Kitchens
3
Basement
Separate Entrance, Finished

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Aluminum Siding, Metal/Steel Siding
Foundation
Concrete Block
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
50 x 90 Feet
Parking
None garage · 3 total
Zoning
R2

Financial

Property Taxes
$2,620 (2025)

Location

Neighbourhood
210 - Downtown
Cross Street
Rice and Ryerson
Direction Faces
West

Listing

MLS® Number
X13720124
Days on Market
52
Listed On
2026-08-27
Possession
Flexible
Listed By
BOLDT REALTY INC., BROKERAGE

Rooms

Room Level Dimensions
Bedroom Second 10′ 1″ × 15′ 9″
Kitchen Main 10′ 10″ × 9′ 10″
Living Room Basement 8′ 11″ × 18′ 1″
Bathroom Main 3′ 8″ × 7′ 7″
Kitchen Second 8′ 1″ × 9′ 3″
Living Room Second 19′ 6″ × 15′ 5″
Living Room Main 21′ 6″ × 13′ 7″
Bathroom Second 7′ 6″ × 8′ 0″
Bathroom Basement 7′ 0″ × 5′ 0″
Bathroom Main 7′ 7″ × 5′ 6″
Bedroom Basement 10′ 10″ × 13′ 0″
Bedroom 2 Main 10′ 2″ × 11′ 2″
Bedroom 2 Basement 10′ 11″ × 12′ 0″
Kitchen Basement 13′ 0″ × 12′ 4″
Bedroom Main 10′ 6″ × 11′ 3″

Features

Interior

  • In-Law Capability

Pool

  • None
Included
3 fridges, 3 stoves, washing machine, dryer
Rental items
Hot water tank and furnace

Mortgage calculator

Minimum for this price: $24,950 (5%)

Amortization, years

Estimated mortgage payment

$2,209 per month

Principal and interest
$2,209
Property tax
$218
Estimated monthly cost
$2,428

Your mortgage

Mortgage amount
$399,200
Mortgage insurance
Not needed
Interest over 25 years
$263,639

Cash to close

Down payment
$99,800
Land transfer tax
$6,455
Total, before legal fees
$106,255
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

5145 Rice Crescent, Niagara Falls, ON L2E 4A1 210 - Downtown, Niagara Falls, ON L2E 4A1
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$499,000 5145 Rice Crescent, Niagara Falls, ON L2E 4A1
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