Aloysius Okafor
Sales Representative
CENTURY 21 Paramount Realty Inc., Brokerage
Independently owned and operated.
8550 Torbram Rd Unit 4, Brampton, Ontario L6T5C8
Cell: 647-890-0712Office: 905-799-7000Fax: 905-799-7001
$1,250,000
Available - For Sale
Listing ID: X12424757
5464 Lewis Aven , Niagara Falls, L2G 3R7, Niagara
| Prime Investment with Severance Potential! Welcome to 5464 Lewis Avenue, in the heart of Niagara Falls. This renovated triplex offers 5 bedrooms across three fully rented units, an ideal turn-key investment. Extensively updated just three years ago with over $150,000 in renovations, including a new roof and modern finishes throughout, each unit has been thoughtfully refreshed to attract quality tenants and maximize rental income. Sitting on a massive lot, this property also presents rare future development potential. The seller is only one step away from completing the severance process, positioning this as not just an immediate income generator, but also a future growth opportunity for savvy buyers. With all units currently occupied, major upgrades complete, and severance nearly finalized, this triplex is a true gem in Niagara Falls. Whether you're expanding your rental portfolio or looking to capitalize on redevelopment, 5464 Lewis Avenue offers exceptional value and opportunity. |
| Price | $1,250,000 |
| Taxes: | $4662.00 |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 5464 Lewis Aven , Niagara Falls, L2G 3R7, Niagara |
| Directions/Cross Streets: | Kitchener St & Lewis Ave |
| Rooms: | 16 |
| Bedrooms: | 5 |
| Bedrooms +: | 0 |
| Family Room: | T |
| Basement: | Full |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Bathroom | 7.94 | 2.95 | 2 Pc Bath |
| Room 2 | Main | Bathroom | 4.76 | 8.59 | 3 Pc Bath |
| Room 3 | Main | Bedroom | 7.74 | 11.81 | |
| Room 4 | Main | Dining Ro | 11.61 | 5.51 | |
| Room 5 | Main | Foyer | 18.2 | 6.26 | |
| Room 6 | Main | Kitchen | 12.23 | 9.38 | |
| Room 7 | Main | Living Ro | 11.18 | 12.92 | |
| Room 8 | Main | Bedroom | 8.43 | 13.64 | |
| Room 9 | Main | Other | 7.28 | 5.12 | |
| Room 10 | Second | Bathroom | 4.95 | 6.2 | 3 Pc Bath |
| Room 11 | Second | Bedroom | 11.32 | 15.71 | |
| Room 12 | Second | Dining Ro | 5.44 | 8.46 | |
| Room 13 | Second | Kitchen | 5.67 | 8.46 | |
| Room 14 | Second | Living Ro | 5.18 | 10.07 | |
| Room 15 | Basement | Bathroom | 8.27 | 7.12 | 3 Pc Bath |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 2 | Main |
| Washroom Type 2 | 3 | Main |
| Washroom Type 3 | 3 | Second |
| Washroom Type 4 | 3 | Basement |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Triplex |
| Style: | Other |
| Exterior: | Vinyl Siding |
| Garage Type: | None |
| Drive Parking Spaces: | 2 |
| Pool: | None |
| Approximatly Square Footage: | 1100-1500 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | Y |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Real Broker Ontario Ltd. |
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Aloysius Okafor
Sales Representative
Dir:
647-890-0712
Bus:
905-799-7000
Fax:
905-799-7001
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Triplex |
| Area: | Niagara |
| Municipality: | Niagara Falls |
| Neighbourhood: | 214 - Clifton Hill |
| Style: | Other |
| Tax: | $4,662 |
| Beds: | 5 |
| Baths: | 4 |
| Fireplace: | Y |
| Pool: | None |
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