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CAONNiagara Falls5078-5086 Fifth Ave
Listing image | Image 1

5078-5086 Fifth Ave, Niagara Falls, ON

House

For Sale

Listed price in listed location currency (CAD).
$850,000

844

MLS® X13806508

Overview

Key Facts

Type Quadruplex
Levels Residential
Size -
Garage Detached
Taxes $4,771
Days Active 0
Lot Size 
Approx. Age 
MLS® Number X13806508

Property Address: 5078-5086 Fifth Ave, Niagara Falls, ON, L2E4S5

Average square foot calculated using Size range provided by listing agent.

Description

Louise apartments. An incredible, purpose-built brick fourplex offering stable immediate returns alongside massive rental upside, ideal for multi-generational families co-buying together or owners looking to live in one unit while offsetting their mortgage! Located in an established neighborhood just one mile from the Niagara University campus, this exceptionally well-maintained building features four spacious 2-bedroom units-each complete with a full bath, full kitchen, living room, private entrance, and private porch or balcony. Fully upgraded for low-maintenance ownership, major capital improvements include a complete electrical rewire with five separate meters, four individual water heaters, an efficient gas boiler approximately eight years old, and a complete roof replacement in 2018 down to the plywood, topped with high-quality metal for lifetime durability. Safety and utility features abound with fire-rated walls, interconnected smoke detectors, a basement fire suppression system, a backflow preventer, a commercial-grade sump pump, and a convenient master key system. The basement houses commercial-grade Whirlpool coin laundry and private storage rooms for each unit, while a detached three-car garage with separate doors provides potential extra storage income. This fully optimized property features long-term, highly reliable tenants providing immediate cash flow from day one. All major structural and mechanical upgrades have already been completed, offering total peace of mind. Current rents are significantly below market value at $927.47, $874.45, $1, 508.57, and $835.38 (all plus hydro). With market rents in the area commanding $1, 750 to $1, 850 per unit, this property offers an incredible opportunity to systematically transition to full market rates and dramatically increase your ROI.Truly a rare, low-maintenance portfolio addition where the heavy lifting is already done!
MLS® NumberX13806508
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageDetached
Approx. Age
BasementUnfinished, Full
DrivewayGarage Type:Detached
Garage Spaces
HeatGas, Water
A/CNone

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $850,000

For Sale · 0 days

$850,000

MLS® X13806508

3 hours ago

Not Sold Yet

September 2026, For Sale for $850,000

For Sale · 0 days

$850,000

MLS® X13806508

3 hours ago

Not Sold Yet

July 2026, Expired for $899,900

Expired · 301 days

$899,900

MLS® X12440874

2 months ago

Canceled on Jul 31, 2026

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