$650,000
Est. payment $2,878/moCalculate yours
5821 Leonard Avenue, Niagara Falls, ON L2G 4R5
215 - Hospital, Niagara Falls, ON L2G 4R5
- 4 Beds
- 3 Baths
- 1 Garage
- 1,500 Sq Ft
Listing courtesy of ENGEL & VOLKERS NIAGARA MLS® X13762462
About this home
Detached Home with Income Potential on a Large Lot! Welcome to this well-located detached home offering an excellent combination of space, parking, and income potential. The property features two separate units on the main level, including a one-bedroom in-law suite with its own separate entrance and a tenant currently in place-an excellent opportunity for buyers seeking additional income or investors looking for added flexibility.The main residence offers a spacious living room, dining room, kitchen, and convenient two-piece powder room on the main level. The second floor features three generously sized bedrooms and a three-piece bathroom, providing comfortable living space for a family.Situated on a large lot with a generous backyard, the property also features two separate driveways, providing ample parking for residents and guests. The basement includes a separate entrance, offering additional flexibility and potential for future use.Conveniently located directly behind CIBC on Leonard Avenue off Lundys Lane with easy access to local amenities, services, shopping, and everyday conveniences.A versatile property offering generous living space, ample parking, a large lot, and income potential-ideal for homeowners, multi-generational living, or investors.
Property details
Overview
- Property Type
- Detached
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 1,500 sqft
Interior
- Bedrooms
- 4
- Bathrooms
- 3
- Kitchens
- 2
- Basement
- Full
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Vinyl Siding
- Foundation
- Block
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 50 x 120 Feet
- Parking
- Detached garage · 4 total
Financial
- Property Taxes
- $3,953 (2026)
Location
- Neighbourhood
- 215 - Hospital
- Cross Street
- Lundys Lane
- Direction Faces
- West
Listing
- MLS® Number
- X13762462
- Days on Market
- 40
- Listed On
- 2026-09-08
- Possession
- home is vacant
- Listed By
- ENGEL & VOLKERS NIAGARA
Rooms
Features
Interior
- Accessory Apartment
- Carpet Free
- In-Law Capability
Pool
- None
- Included
- 2 Stoves, 2 Fridge, one washer & one dryer, one freezer in the basement.
Mortgage calculator
Estimated mortgage payment
$2,878 per month
- Principal and interest
- $2,878
- Property tax
- $329
- Condo fees
- $0
- Estimated monthly cost
- $3,207
Your mortgage
- Mortgage amount
- $520,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $343,418
Cash to close
- Down payment
- $130,000
- Land transfer tax
- $9,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $139,475
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
This photo could not be loaded.