Living (4.15 × 6.55)
Level: Main
5145 Rice Cres
Downtown, Niagara Falls, Ontario L2E 4A1
Description
Strong investment opportunity with multiple income streams and excellent flexibility for investors or owner-occupants. This legal duplex features a spacious 2-bedroom main floor unit and a bright 1-bedroom upper unit, each with separate entrances. Additionally there is a lower-level living space with in-law potential offering separate entrance, kitchen, bathroom and two bedrooms. Coin laundry on site provides added revenue opportunity. Property offers parking for 3 vehicles and a low-maintenance backyard for tenant enjoyment. Centrally located in a convenient downtown area within walking distance to shopping, restaurants, amenities, and the Falls. Excellent opportunity to add value and maximize cash flow in a high-demand rental location. 24 hours notice required for all showings.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X13720124
- Board
- TRREB MLS®
- Days on market
- Tax
- $2,620
- Size
- 1100-1500 sqft
- Lot
- 50 × 90 Feet
- Parking
- None, 3 Parking
Listing History
Buy/Sell history for 5145 Rice Cres, Niagara Falls, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $499,000 | N/A | For Sale | X13720124 |
Estimated Market Value
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Property Details
Property
- Property Type
- Duplex
- Style
- 2-Storey
- Community
- Downtown
- Municipality
- Niagara Falls
Inside
- Bedrooms
- 3+2
- Bathrooms
- 4
- Bathroom Detail
- 2, 3pc, Main
- Bathroom Detail
- 1, 3pc, Bsmt
- Bathroom Detail
- 1, 3pc, 2nd
- Basement Type
- Sep Entrance
- Kitchens
- 2
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Building
- Size
- 1100-1500 sqft
- Construction
- Alum Siding
Parking
- Garage Type
- None
- Add. Parking
- 3
- Total Parking
- 3
Land
- Sewer
- Sewers
- Lot Size
- 50 × 90 Feet
- Lot Size Code
- Feet
Additional
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Fireplace
- N
- Pool
- None
- Den
- Y
- Family room
- Y
- Extras
- 3 fridges, 3 stoves, washing machine, dryer
Rooms (15)
Kitchen (2.99 × 3.29)
Level: Main
Bathroom (1.68 × 2.32)
3 Pc Bath
Level: Main
Br (3.44 × 3.2)
Level: Main
2nd Br (3.41 × 3.11)
Level: Main
Bathroom (2.32 × 1.13)
3 Pc Ensuite
Level: Main
Kitchen (2.83 × 2.47)
Level: 2nd
Living (4.7 × 5.95)
Level: 2nd
Br (4.79 × 3.08)
Level: 2nd
Bathroom (2.44 × 2.29)
3 Pc Bath
Level: 2nd
Kitchen (3.75 × 3.96)
Level: Bsmt
Living (5.52 × 2.71)
Level: Bsmt
Bathroom (1.52 × 2.13)
3 Pc Bath
Level: Bsmt
Br (3.96 × 3.29)
Level: Bsmt
2nd Br (3.66 × 3.32)
Level: Bsmt
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
11 records read 5 on record nearby 6 checked, none on recordRead 2026-10-28
Water and conservation
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m2 test or monitoring holes also recorded.
Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
Province of Ontario open data
Around the home
- A trail on the Ontario trail network within 1 km
Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Post Foods Canada — Post Foods Niagara Falls, 890 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by Niagara Peninsula Energy Inc.
- Wired internet 50/10 Mbps or faster is listed at a household 50 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, Last Mile Wireless Internet, NWIC, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Comparable Sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$2,288
- Down payment$99,800
- Mortgage amount$399,200
- Total interest$287,200
- Total cost$786,200
Cash flow analysis
$2,288
Total monthly payment
$2,506
Break-even down payment
100%
Cash flow-$2,506
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
04 / Local performanceMarket detailsNeighbourhood price and activity trends
Expand Market details to load neighbourhood price and activity trends.
$499,000
$499,000
CAD
Estimated market value
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