For sale 50$499,000
3 bed2 bath1,500–2,000 sq ft
5186 Mcglashan Crescent
Downtown, Niagara Falls
1 month agoMLS® X13766880
BOSLEY REAL ESTATE LTD.,
$499,000
5145 Rice Crescent
Downtown, Niagara Falls, Ontario L2E4A1
For sale· Added
3+2 bed4 bath1,100–1,500 sqft
About this home
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.
Location
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Property details
Listing
- MLS® number
- X13720124
- Added
- Aug 27, 2026 ()
- Updated
- Aug 27, 2026 ()
- Info refreshed
Overview
- Property type
- Multi-family
- Building type
- Duplex
- Storeys
- 2
Inside
- Bedrooms
- 3+2
- Bathrooms
- 4
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Fireplace
- No
- Appliances
- Washer, Refrigerator, Stove, Dryer
Building
- Basement
- Finished, Separate entrance
- Exterior
- Steel, Aluminum siding
- Foundation
- Block
- Parking
- No Garage · 3 spaces
Land
- Lot size
- 50 x 90 ft
- Zoning
- R2
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Location
- Cross streets
- Rice and Ryerson
- Directions
- Victoria Ave to Ryerson.
Running costs
- Annual property tax
- $2,620
Rooms
| Living room | Main level | 6.55 x 4.15 m |
| Kitchen | Basement | 3.96 x 3.75 m |
| Living room | Basement | 2.71 x 5.52 m |
| Kitchen | Main level | 3.29 x 2.99 m |
| Bathroom | Basement | 2.13 x 1.52 m |
| Bedroom | Basement | 3.29 x 3.96 m |
| Bedroom 2 | Basement | 3.32 x 3.66 m |
| Bathroom | Main level | 2.32 x 1.68 m |
| Bedroom | Main level | 3.2 x 3.44 m |
| Bedroom 2 | Main level | 3.11 x 3.41 m |
| Bathroom | Main level | 1.13 x 2.32 m |
| Kitchen | Second level | 2.47 x 2.83 m |
| Living room | Second level | 5.95 x 4.7 m |
| Bedroom | Second level | 3.08 x 4.79 m |
| Bathroom | Second level | 2.29 x 2.44 m |
$499,000
5145 Rice Crescent
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