Active Duplex For Sale 25 DOM
$899,000
MLS® X13206242

5163 River Road, Niagara Falls, ON L2E 3G8

Niagara Falls · 210 - Downtown · L2E 3G8
Monthly cost · estimate
$0/mo
— · — · —
🤖
Hunter's read
River Road duplex with dual income potential and river views; $899k positions competitively for this sought neighborhood.
4
Beds
2
Baths
3000-3500
Sqft
5
Parking

About this home

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.

📋 Property summary 8 details
Property Type
Duplex
Style
['3-Storey']
Square Footage
3000-3500
Days on Market
25 days
Annual Taxes
$4,645
Lot Size
50.0' × 151.74'
Community
210 - Downtown
Parking
7.0 spaces
🏠 Interior 3 features
Basement
Full
Interior features
Separate Hydro MeterStorageWater Heater Owned
🧱 Building & exterior
Foundation
Concrete Block
Exterior
Brick, Wood
⚡ Utilities
Heating
Radiant
Cooling
['Central Air']
Sewer
['Sewer']
🌳 Lot & land
Frontage
50.0 ft
Depth
151.74
Shape
Rectangular
Source
MPAC
📃 Listing details
MLS® Number
X13206242
Days on Market
25 days
Possession
Flexible
Listing Brokerage
RE/MAX NIAGARA REALTY LTD, BROKERAGE

Listing information sourced from TRREB MLS® via PropTx. This property is being represented by the listing brokerage shown above. Ishaan Verma of Royal LePage Certified Inc. is happy to represent buyers viewing this property.

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Location

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About Niagara Falls

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$899,000
5163 River Road, Niagara Falls, ON L2E 3G8
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💰 Sold-comp analysis · Free

What is this home really worth?

Hunter pulls the last 6 months of actual closed sales on this street, computes the average sold price, days on market, and sold-to-list ratio — then tells you if 5163 River Road, Niagara Fa... is priced fairly, over, or under.

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