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$679,000

Niagara Falls ON, L2E 1T3

MLS® # 40794157

Property Information:

Incredible opportunity totally renovated top to bottom 2-unit fully rented solidcap rate! Just minutes from Niagara Falls, Clifton Hill, casinos, golf, andNiagara’s wine country. This 2.5 Storey with full finished basement boasts 6bedrooms, 3 full bath, this property features 2 fully self-contained units withseparate entrances and hydro meters, creating outstanding income potentialinvestment for years to come. The open-concept main floor showcases a brand-newkitchen (2022) with quartz countertops, a dining/living area with custom brick gasfireplace, and a hand-crafted black locust mantle and heated towel racks in 2baths. All four levels have been meticulously renovated top to bottom, with newinsulation, updated plumbing and electrical, and a new A/C (2025). Exteriorupgrades include new siding, tear off roof, windows, and doors (2020), insulation,plus a new front porch and stairs (2025). The exposed aggregate wraparounddriveway and walkway (2022) lead to a large deck overlooking the private fencedyard. A detached 1.5-car garage with new concrete, wood stove and attic, plus shedand garden space, adds even more value. Easy to convert back to a single-familyhome, this property is a rare blend of character, function, and opportunity. Amust-see to truly appreciate.

Inclusions: Built-in Microwave,Carbon Monoxide Detector,Smoke Detector,Window Coverings,Dishwasher, 2 Dryers, Gas Oven/Range, Gas Stove, Hot Water Tank Owned, Range Hood, 2 Refrigerators, 2 Stoves, 2 Washers, All Custom Blinds & Window Coverings

Building Features:

  • Floor Space: 1775 Square Feet

Property Features:

  • Bedrooms: 6
  • Acres Range: < 0.5
  • Basement: Separate Entrance, Walk-Out Access, Full, Finished
  • Construction Materials: Block, Vinyl Siding
  • Cooling: Ductless
  • Driveway Parking: Private Drive Double Wide
  • Exterior Features: Balcony, Private Entrance, Separate Hydro Meters
  • Floor Space (approx): 1775 Square Feet
  • Heating: Radiant
  • Interior Features: Accessory Apartment, Separate Hydro Meters
  • Laundry Features: In-Suite
  • Lot Depth: 125 Feet
  • Lot Features: Rectangular, Ample Parking, City Lot, Highway Access, Hospital, Park, Public Transit, Quiet Area, School Bus Route, Schools, Shopping Nearby
  • Lot Frontage: 40.00 Feet
  • Parking Features: Detached Garage
  • Road Frontage Type: Municipal Road
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector, Smoke Detector
  • Water Source: Municipal
  • Window Features: Window Coverings
  • Zoning: R2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 5

Courtesy of: RE/MAX Escarpment Golfi Realty Inc.

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Potential Investment Performance

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Location of 5039 Armoury Street, Niagara Falls, ON, L2E 1T3

Demographic Information of 5039 Armoury Street, Niagara Falls, ON, L2E 1T3

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$73,489.89

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.84 %

High school certificate or equivalent

38.43 %

Apprenticeship trade certificate/diploma

6.94 %

College/non-university certificate

20.38 %

University certificate (below bachelor)

0.84 %

University Degree

12.57 %

Commuter

Travel To Work

By Car

90.47 %

By Public Transit

0.08 %

By Walking

4.69 %

By Bicycle

0.0 %

By Other Methods

4.76 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

41.24 %

Houses

58.76 %

Own Vs. Rent