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Royal LePage
Royal LePage
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$1,790,000

Niagara Falls (Downtown) ON, L2E 2V8

MLS® # X12579776

Property Information:

Own a Rare Piece of Niagara's History - Endless Possibilities Await!Step into a truly one-of-a-kind estate where timeless elegance meets modern convenience. Legal 5-plex, this extraordinary property is currently configured as a spacious single-family home, and can be effortlessly returned back to a 5-plex income producer. It also presents an amazing bed & breakfast opportunity, especially with the impressive Viking pool. A rare luxury that sets this property apart. Boasting over 4,000 sq. ft. of living space, the home features remarkable architectural character, including 12' ceilings, original hardwood floors, solid 8' doors, intricate cove moulding, detailed plaster trim, a grand staircase, and a stunning solid marble fireplace mantel. Located just minutes from Niagara Falls' premier entertainment district, this property also offers dual street access, a rare advantage in Niagara plus ample parking. Additional highlights include: Empty apartments, allowing the new owner to set market rents. Development opportunities at the rear of the property. You can build 3 homes or possibly 5 towns. Ideal for a home-based business: perfect for a salon, daycare, accounting office, law office, or other professional use. If geared toward students, the layout offers numerous rooms, maximizing income potential. Revenue potential of up to $10,000 per month, depending on use and configuration. Over the past 26 years, nearly every major system has been updated, including: High-efficiency furnace & AC, newer windows and exterior doors, a 200-amp electrical panel, rebuilt back porch, updated fencing, and more (see the full upgrade sheet for details). Whether you're seeking a distinctive residence, a high-yield investment property, or a boutique hospitality venture, this rare gem delivers unmatched versatility, historic charm, and modern reliability. Envision the possibilities! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Basement Development: Unfinished
  • Basement Type: Full
  • Exterior Finish: Vinyl siding
  • Fireplace: Yes
  • Floor Space: 3500 - 5000 sqft
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 5
  • Floor Space (approx): 3500 - 5000 Square Feet
  • Irregular: Yes
  • Lot Depth: 219.8 Feet
  • Lot Frontage: 96.2 Feet
  • Lot Size: 96.2 x 219.8 FT
  • Pool Type: Inground pool
  • Zoning: R2, TRM
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 10

Courtesy of: RE/MAX NIAGARA REALTY LTD, BROKERAGE

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 5368 MENZIE STREET, Niagara Falls (Downtown), Ontario, L2E 2V8

Demographic Information of 5368 MENZIE STREET, Niagara Falls (Downtown), Ontario, L2E 2V8

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$82,755.30

Average Number of Children

1.54

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.82 %

High school certificate or equivalent

38.57 %

Apprenticeship trade certificate/diploma

5.01 %

College/non-university certificate

22.67 %

University Degree

10.93 %

Commuter

Travel To Work

By Car

89.62 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

1.08 %

By Other Methods

9.3 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

17.8 %

Houses

82.2 %

Own Vs. Rent

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