Niagara Falls, ON L2G 4R1,5748 Leonard Avenue
Niagara Falls, ON L2G 4R1,5748 Leonard Avenue
Niagara Falls, ON L2G 4R1,5748 Leonard Avenue
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The Real Estate Boutique Brokerage Inc

The Real Estate Boutique Brokerage Inc

+1(905) 332-2207
Listed by Gary Demeo • RE/MAX NIAGARA REALTY LTD, BROKERAGE
$699,000
Est. payment /mo
6 Beds
3 Baths
2,018 SqFt
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UPDATED:

10/12/2024 08:40 PM

Key Details

Property Type Multi-Family

Sub Type Duplex Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 2,018 sqft

Price per Sqft $346

MLS Listing ID 40658629

Bedrooms 6

Abv Grd Liv Area 2,444

Originating Board Niagara

Year Built 1910

Annual Tax Amount $3,025

Property Description

Prime Investment Opportunity in a Highly Sought-After Location! Discover this exceptionally well-located investment property, perfectly positioned near the vibrant Lundy's Lane tourist area. Enjoy the convenience of being close to popular restaurants, shopping centers, public transit, schools, parks, and major tourist destinations, with easy highway access. This property is zoned R2 and offers a versatile duplex setup with an additional 2-bedroom suite in the basement. Each unit features 2 bedrooms and private entrances, providing comfort and privacy for all occupants. The property is fully occupied, month-to-month tenants. Tenants pay their own hydro, with three separate hydro meters in place. Rent for the main floor unit includes heat, water, and internet, adding extra value. Maximize your investment potential with the detached double garage, Previously leased as a workshop or storage space, it comes equipped with a separate panel that can be reconnected to the hydro meter, along with water and sewer pipes that are currently capped off. Additional features include a partially fenced yard and a storage shed behind the garage. This property is available immediately with tenants in place, offering an excellent opportunity for savvy investors to make the most of their investment dollars. Don't miss out on this fantastic property in a prime location!

Location

Province ON

County Niagara

Area Niagara Falls

Zoning R2

Direction North off Lundy's Lane

Rooms

Other Rooms Shed(s)

Basement Separate Entrance, Full, Partially Finished

Kitchen 0

Interior

Interior Features Separate Hydro Meters

Heating Forced Air, Natural Gas

Cooling None

Fireplace No

Appliance Dryer, Refrigerator, Stove, Washer

Laundry In-Suite

Exterior

Exterior Feature Private Entrance, Separate Hydro Meters

Garage Detached Garage

Garage Spaces 2.0

Waterfront No

Roof Type Asphalt Shing

Porch Deck

Lot Frontage 50.0

Lot Depth 130.76

Garage Yes

Building

Lot Description Rectangular, Business Centre, Highway Access, Park, Public Transit, School Bus Route, Schools, Shopping Nearby

Faces North off Lundy's Lane

Story 2

Foundation Concrete Block

Sewer Sewer (Municipal)

Water Municipal

Structure Type Other

New Construction No

Schools

High Schools Stamford

Others

Senior Community No

Tax ID 643140308

Ownership Freehold/None


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+1(905) 332-2207

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