Room 1
Level not provided
5161-5163 River Rd
Downtown, Niagara Falls, Ontario L2E 3G8
Description
SPECTACULAR NIAGARA RIVER DUPLEX WITH INCREDIBLE INCOME POTENTIAL! Situated on prestigious River Road, one of Niagara's most highly sought-after neighborhoods overlooking the majestic Niagara River, this massive, fully upgraded property offers an exceptional opportunity for savvy investors or owner-occupiers. The property features two expansive 1,300-square-foot units, each offering 2 spacious bedrooms, a beautifully updated bathroom, a bright sunroom, a kitchen, a formal dining room, and a living room complete with elegant French doors and gleaming hardwood floors. Both main and second-floor units boast individual full basements for ample storage, separate gas and hydro meters, and two owned hot water tanks. Capital improvements abound with a complete electrical rewiring in 2023 featuring pot lights throughout and hardwired smoke detectors, along with fully replaced windows and air conditioning spanning all three floors. A detached double garage with concrete floors provides excellent parking or storage. Financially rewarding, the main floor currently generates $1,940 per month plus heat and hydro. The identical second-floor unit also commands $2,500 per month plus heat and hydro, and will be delivered vacant-perfect for an owner-occupant or an investor looking to set current market rents. Massive upside awaits in the 800-square-foot, partially finished third-floor loft Already framed and plumbed for a kitchen, bathroom, and living area, this space offers the opportunity to create a separate Additional Dwelling Unit (ADU) for rental income. Alternatively, it can be integrated into the second-floor apartment as a spectacular master suite with an ensuite bathroom, transforming the unit into a high-value three-bedroom apartment. Turnkey mechanics, premium location, and undeniable value-add potential make this River Road gem a rare find
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X13800086
- Board
- TRREB MLS®
- Days on market
- Tax
- $4,645
- Size
- 3000-3500 sqft
- Lot
- 50 × 151.74 Feet
- Parking
- 2 Detached, 6 Parking
Listing History
Buy/Sell history for 5161-5163 River Rd, 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 | $825,000 | N/A | For Sale | X13800086 |
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
- 3-Storey
- Community
- Downtown
- Municipality
- Niagara Falls
Inside
- Bedrooms
- 4
- Bathrooms
- 2
- Bathroom Detail
- 2, 4pc
- Basement Type
- Full
- Kitchens
- 2
Utilities
- Water
- Municipal
- Cooling
- Central Air, Wall Unit
- Heating Type
- Forced Air
Building
- Size
- 3000-3500 sqft
- Construction
- Brick Veneer
Parking
- Garage Type
- Detached
- Garage
- 2
- Add. Parking
- 4
- Total Parking
- 6
Land
- Sewer
- Sewers
- Lot Size
- 50 × 151.74 Feet
- Lot Size Code
- Feet
Additional
- Foundation
- Block
- Roof
- Asphalt Shingle
- Fireplace
- N
- Pool
- None
- Den
- N
- Family room
- N
Rooms (12)
Room 2
Level not provided
Room 3
Level not provided
Room 4
Level not provided
Room 5
Level not provided
Room 6
Level not provided
Room 7
Level not provided
Room 8
Level not provided
Room 9
Level not provided
Room 10
Level not provided
Room 11
Level not provided
Room 12
Level not provided
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 m4 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
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Post Foods Canada — Post Foods Niagara Falls, 1.4 km away. Only facilities above the inventory’s reporting thresholds are listed.
- 1 federal contaminated site within 1 kmAll of them are closed. The federal inventory covers federal land only, not 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 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 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
$3,782
- Down payment$165,000
- Mortgage amount$660,000
- Total interest$474,600
- Total cost$1,299,600
Cash flow analysis
$3,782
Total monthly payment
$4,169
Break-even down payment
100%
Cash flow-$4,169
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.
$825,000
$825,000
CAD
Estimated market value
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