$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
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
Features
Interior
- In-Law Capability
Pool
- None
- Included
- 3 fridges, 3 stoves, washing machine, dryer
- Rental items
- Hot water tank and furnace
Mortgage calculator
Estimated mortgage payment
$2,209 per month
- Principal and interest
- $2,209
- Property tax
- $218
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $106,255
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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