5748 Leonard Avenue Niagara Falls, Ontario L2G 4R1

6 Bedroom 3 Bathroom 2,444 ft2
Forced Air

$699,000

Prime Investment Opportunity in a Highly Sought-After Location! Discover this exceptionally well-located investment property, perfectly positioned near the vibrant Lundy's Lane tourist area. Enjoy the convenience of being close to popular restaurants, shopping centers, public transit, schools, parks, and major tourist destinations, with easy highway access. This property is zoned R2 and offers a versatile duplex setup with an additional 2-bedroom suite in the basement. Each unit features 2 bedrooms and private entrances, providing comfort and privacy for all occupants. The property is fully occupied, month-to-month tenants. Tenants pay their own hydro, with three separate hydro meters in place. Rent for the main floor unit includes heat, water, and internet, adding extra value. Maximize your investment potential with the detached double garage, Previously leased as a workshop or storage space, it comes equipped with a separate panel that can be reconnected to the hydro meter, along with water and sewer pipes that are currently capped off. Additional features include a partially fenced yard and a storage shed behind the garage. This property is available immediately with tenants in place, offering an excellent opportunity for savvy investors to make the most of their investment dollars. Don't miss out on this fantastic property in a prime location! (id:56069)

Property Details

MLS® Number X9414986
Property Type Business
Community Name 215 - Hospital
Amenities Near By Public Transit, Park
Equipment Type Water Heater
Parking Space Total 5
Rental Equipment Type Water Heater
Structure Deck

Building

Bathroom Total 3
Bedrooms Total 6
Basement Development Partially Finished
Basement Features Separate Entrance
Basement Type N/a (partially Finished)
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 2,444 Ft2
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
Land Amenities Public Transit, Park
Sewer Sanitary Sewer
Size Depth 130 Ft ,9 In
Size Frontage 50 Ft
Size Irregular Unit=50 X 130.76 Ft ; 130.76 Ft X 50.72 Ft X 130.55 Ft X 51.51 Ft
Size Total Text Unit=50 X 130.76 Ft ; 130.76 Ft X 50.72 Ft X 130.55 Ft X 51.51 Ft|under 1/2 Acre
Zoning Description R2

https://www.realtor.ca/real-estate/27507543/5748-leonard-avenue-niagara-falls-215-hospital-215-hospital

Contact Us

Contact us for more information

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Gary Demeo
Salesperson

(905) 351-6585

RE/MAX Niagara Realty Ltd, Brokerage
261 Martindale Rd., Unit 14c
St. Catharines, Ontario L2W 1A2

(905) 687-9600
(905) 687-9494
www.remaxniagara.ca/

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