5748 LEONARD AVE Active Save Request In-Person Tour Request Virtual Tour
Niagara Falls,ON L2G 4R1
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 2,444 sqft
Price per Sqft $286
MLS Listing ID X9414986
Bedrooms 6
Annual Tax Amount $3,025
Tax Year 2023
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
Zoning R2
Rooms
Basement Separate Entrance,Partially Finished
Kitchen 0
Interior
Cooling None
Inclusions Carbon Monoxide Detector, Smoke Detector
Laundry Ensuite
Exterior
Exterior Feature Deck,Private Entrance
Garage Private Double
Garage Spaces 5.0
Pool None
Community Features Public Transit,Park
Utilities Available Unknown
Roof Type Asphalt Shingle
Parking Type Detached
Total Parking Spaces 5
Building
Foundation Concrete Block
Others
Senior Community Yes
Security Features Carbon Monoxide Detectors,Other