5464 Lewis Avenue Niagara Falls, Ontario L2G 3R7

5 Bedroom 5 Bathroom 1,100 - 1,500 ft2
Fireplace Central Air Conditioning Forced Air

$1,250,000

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 $100,000 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. (id:54532)

Property Details

MLS® Number X12424757
Property Type Multi-family
Community Name 214 - Clifton Hill
Equipment Type Water Heater
Parking Space Total 2
Rental Equipment Type Water Heater

Building

Bathroom Total 5
Bedrooms Above Ground 5
Bedrooms Total 5
Basement Type Full
Cooling Type Central Air Conditioning
Exterior Finish Vinyl Siding
Fireplace Present Yes
Foundation Type Concrete
Half Bath Total 5
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 1,100 - 1,500 Ft2
Type Triplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Irregular 67.6 X 140 Acre
Size Total Text 67.6 X 140 Acre
Zoning Description Dtc

https://www.realtor.ca/real-estate/28908616/5464-lewis-avenue-niagara-falls-clifton-hill-214-clifton-hill

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Blake Berfelz
Broker

(888) 311-1172

Steve Zahnd
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Scott Benson
Broker

(888) 311-1172
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