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5371 Huron St
Niagara Falls, ON L2E 2K5
Multifamily Property For Sale
·
2 Units
Executive Summary
Character home with two separate suites and R2 zoning-perfect for an income property or living in one unit while generating rental income from the other. The property features a tenanted 2-bedroom suite and a main level vacant 1-bedroom suite, making it an ideal opportunity for an owner-occupant looking to offset their mortgage. The vacant main floor unit features access to the backyard, basement and 1.5 car garage. Each suite offers its own private entrance and fully equipped kitchen, providing complete independence and privacy for both owner and tenant. This flexible layout is also well-suited for multi-generational living.Located in a desirable neighbourhood close to schools, shopping, dining, and public transportation, the home has been well maintained over the years. Additional highlights include a private driveway, detached 1.5-car garage, and private yard, offering comfort, convenience, and excellent long-term value. Upstairs unit leased for $1,550 all inclusive monthly. Main floor unit vacant.
Property Facts
| Price Per Unit | $247,500 CAD | Building Class | C |
| Sale Type | Investment | Building Size | 1,452 SF |
| No. Units | 2 | Average Occupancy | 50% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1923 |
| Apartment Style | Low-Rise | Parking Ratio | 2.07/1,000 SF |
| Zoning | R2 - R2 Zoning | ||
| Price Per Unit | $247,500 CAD |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 1,452 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built | 1923 |
| Parking Ratio | 2.07/1,000 SF |
| Zoning | R2 - R2 Zoning |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Tub/Shower
- Yard
- Attic
- Basement
- Dining Room
- Lawn
Site Amenities
- Fenced Lot
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 1 | - | - |
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