$699,000
Est. payment $3,095/moCalculate yours
5857 MURRAY Street, Niagara Falls, ON L2G 2J9
216 - Dorchester, Niagara Falls, ON L2G 2J9
- 3 + 2 Beds
- 2 Baths
- 1,500 Sq Ft
Listing courtesy of RE/MAX REAL ESTATE CENTRE INC. MLS® X13823952
About this home
SPECTACULAR NIAGARA FALLS LEGAL DUPLEX WITH INCREDIBLE INCOME POTENTIAL! Welcome to this massive, fully upgraded legal duplex located on prestigious Murray Street in one of Niagara Falls’ most desirable neighborhoods. Just a 10-minute walk to Niagara Falls, this exceptional property offers outstanding income potential for investors, Airbnb operators, or owner-occupiers. This property features a legal Accessory Dwelling Unit (ADU) and a City-approved Airbnb Business License, making it a rare turnkey investment opportunity. Unit 1 - Two-Store Main Residence The spacious two-story unit features: Main Floor: Elegant, oversized Livingroom with a cozy fireplace; Separate formal dining room; Spacious kitchen; Convenient laundry room Second Floor: Three generous bedrooms; Beautifully updated full bathroom Recent Upgrades: New flooring (2024); Fresh paint (2026); Stainless steel appliances with gas stove; New laundry room (2026) Unit 2Legal Basement ADU (Built 2026) Separate Entrance newly constructed, fully legal basement suite featuring: 2 spacious bedrooms; Bright living room; Full bathroom; Modern kitchen with new appliances; New flooring and fresh paint; laundry facilities Outdoor Features Situated on an approximately 9,793 sq. ft. lot, the property offers an expansive backyard perfect for entertaining, relaxing, or future development. Enjoy two separate gazebos, creating ideal outdoor spaces for family gatherings or guests. The generous lot size may also offer the potential to construct a second Accessory Dwelling Unit (ADU), subject to City approvals and permits, providing an exciting opportunity to further increase rental income and maximize the property’s investment potential. Major Capital Improvements* Complete electrical rewiring (2026)* New 200-amp electrical service* ESA Certificate (2026)
Property details
Overview
- Property Type
- Detached
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 1,500 sqft
Interior
- Bedrooms
- 3 + 2
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Full, Finished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Metal/Steel Siding, Aluminum Siding
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 64 x 164 Feet
- Parking
- None garage · 4 total
- Zoning
- R1E
Financial
- Property Taxes
- $3,136 (2026)
Location
- Neighbourhood
- 216 - Dorchester
- Cross Street
- Off Drummond
- Direction Faces
- South
Listing
- MLS® Number
- X13823952
- Days on Market
- 25
- Listed On
- 2026-09-23
- Listed By
- RE/MAX REAL ESTATE CENTRE INC.
Rooms
Features
Interior
- Sump Pump
Pool
- None
- Included
- DISHWASHER, DRYER, REFRIGERATOR, STOVE, WASHER
Mortgage calculator
Estimated mortgage payment
$3,095 per month
- Principal and interest
- $3,095
- Property tax
- $261
- Condo fees
- $0
- Estimated monthly cost
- $3,356
Your mortgage
- Mortgage amount
- $559,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $369,306
Cash to close
- Down payment
- $139,800
- Land transfer tax
- $10,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $150,255
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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