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RE/MAX PREMIER INTERNATIONAL INC., Brokerage logo

Frank Merigliano

Team Leader - VIPCondosToronto / Sales Representative - RE/MAX PREMIER INTERNATIONAL INC., Brokerage

RE/MAX PREMIER INTERNATIONAL INC., Brokerage · Independently Owned & Operated

1885 Wilson Avenue, Toronto, Ontario, M9M 1A2

Phone: 416-885-0172

Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

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MLS# X13132744Downtown, Niagara Falls · L2E 3S4
For SaleFourplex

5459 Ontario Avenue

$998,000
5 Bed + Den6 Bath2d on market
MLS# X13132744Downtown, Niagara Falls · L2E 3S4
For SaleFourplex

5459 Ontario Avenue

$998,000

2 days on market

Bedrooms
5 Bed + Den
Bathrooms
6 Bath
Size (MLS Range)
2500-3000 sq ft
Parking
6 None
OverviewHistoryDetailsNeighbourhood

About This Listing

Welcome to 5459 Ontario Ave - A Prime Investment Opportunity in Niagara Falls. Discover a fullystabilized, cash-flowing asset in one of Canada's most iconic tourist destinations. Thisdetached home features five self-contained 1-bedroom suites and one 2-bedroom suite, offeringsix fully rented units - each partially furnished and occupied by reliable tenants whoconsistently pay on time. Situated on a 50 x 127 ft. lot, this well-maintained propertyincludes two non-conforming basement apartments and rear parking for six vehicles. It providesa turnkey investment with strong rental performance and minimal ongoing management. PropertyHighlights include six fully leased units producing strong, consistent income. Excellenttenants in good standing with a history of on-time payment. 200-amp electrical service and roofreplaced in 2016. This Unbeatable Location is Minutes to Casino Niagara, Clifton Hill, TheFalls, shopping, dining, and entertainment. Quick access to the USA border and Hwy 420.Peaceful residential street surrounded by parks, trails, and campsites. This is a rareopportunity to acquire a fully stabilized, income-producing property in a high-demand rentalmarket with exceptional long-term potential. Perfect for investors looking for reliable cashflow and strategic future upside.

Property Details

MLS NumberX13132744
Property TypeFourplex
Style2-Storey
Listing TypeFor Sale
StatusActive
Bedrooms5 Bed + Den
Bathrooms6
Size2500-3000 sq ft
Year Built1951
Parking Spaces6
Parking TypeNone
Property Tax$6,170/yr
Days on Market2
Listed2026-05-15
CommunityDowntown
MunicipalityNiagara
Cross StreetNiagara River Pkwy & Eastwood Cres

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Listing provided by RE/MAX EXPERTS

Based on information from the Toronto Regional Real Estate Board (TRREB). All information deemed reliable but not guaranteed and should be independently verified. The accuracy of information is not guaranteed, has not been verified, and does not constitute professional advice.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing or renting.

Sold and leased listing data is provided under the Virtual Office Website (VOW) data feed and is available only to registered users who have agreed to the Terms of Use. This data is for personal, non-commercial use only and may not be copied, redistributed, or retransmitted.

MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

This listing content is not intended to solicit properties already listed for sale or individuals who are currently under contract with a brokerage.

Data last updated: May 16, 2026 at 02:29 a.m.

Listing History — This Unit

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May 15, 2026(1d ago)·2 DOM
$998,000
Active
2500-3000 sqft·RE/MAX EXPERTS
X13132744Current
Jan 14, 2026(4mo ago)·107 DOM
$1,198,000
Active
2500-3000 sqft·RE/MAX EXPERTS
X12695386
Jan 01, 2024
$000,000Terminated

(Sign-in required)

Jan 01, 2024
$000,000Expired

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Jan 01, 2024
$000,000Expired

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5459 Ontario Avenue