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5163 RIVER ROAD, Niagara Falls (Downtown)
2026-05-28
Quick Summary
- Location
- 5163 RIVER ROAD, Niagara Falls (Downtown), Ontario L2E3G8
- Price
- $899,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 3000 - 3500 sqft
- Bedrooms:
- 4
- Bathrooms:
- 2
- Garages:
- 7
MLS®#X13206242
Property Description
SPECTACULAR NIAGARA RIVER DUPLEX WITH INCREDIBLE INCOME POTENTIAL! Situated on prestigious River Road, one of Niagara's most highly sought-after neighborhoods overlooking the majestic Niagara River, this massive, fully upgraded property offers an exceptional opportunity for savvy investors or owner-occupiers. The property features two expansive 1,300-square-foot units, each offering 2 spacious bedrooms, a beautifully updated bathroom, a bright sunroom, a kitchen, a formal dining room, and a living room complete with elegant French doors and gleaming hardwood floors. Both main and second-floor units boast individual full basements for ample storage, separate gas and hydro meters, and two owned hot water tanks. Capital improvements abound with a complete electrical rewiring in 2023 featuring pot lights throughout and hardwired smoke detectors, along with fully replaced windows and central air conditioning spanning all three floors. A detached double garage with concrete floors provides excellent parking or storage. Financially rewarding, the main floor currently generates $2,000 per month plus heat and hydro. The identical second-floor unit also commands $2,000 per month plus heat and hydro but will be delivered vacant on August 1st, allowing you to move right in or set your own current market rents. Adding massive upside is the 800-square-foot partially finished third-floor studio space, already framed with provisions for a kitchen, bathroom, and living area-an incredibly easy finish to maximize your revenue via the traditional rental market or a lucrative short-term Airbnb. Turnkey mechanics, premium location, and undeniable value-add potential make this River Road gem a rare find. (id:32467)
Property Features
Building
- Amenities: Separate Electricity Meters
- Appliances: Water Heater
- Basement Type: Full
- Cooling Type: Central air conditioning
- Exterior Finish: Brick, Wood
- Fireplace: No
- Interior Size: 3000 - 3500 sqft
- Building Type: Duplex
- Stories: 3
- Utility Water: Municipal water
Land
- Land Size: 50 x 151.7 FT
- Sewer: Sanitary sewer
Zoning
- Description: r2
Information entered by RE/MAX NIAGARA REALTY LTD, BROKERAGE
Listing information last updated on: 2026-06-10 15:57:30
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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