5464 Lewis Avenue Niagara Falls, Ontario L2G 3R7

$1,250,000

Prime Investment with Severance Potential! Welcome to 5464 Lewis Avenue, in the heart of Niagara Falls. This renovated triplex offers 5 bedrooms across three fully rented units, an ideal turn-key investment. Extensively updated just three years ago with over $150,000 in renovations, including a new roof and modern finishes throughout, each unit has been thoughtfully refreshed to attract quality tenants and maximize rental income. Sitting on a massive lot, this property also presents rare future development potential. The seller is only one step away from completing the severance process, positioning this as not just an immediate income generator, but also a future growth opportunity for savvy buyers. With all units currently occupied, major upgrades complete, and severance nearly finalized, this triplex is a true gem in Niagara Falls. Whether you're expanding your rental portfolio or looking to capitalize on redevelopment, 5464 Lewis Avenue offers exceptional value and opportunity. (id:42776)

Property Details

MLS® Number	X12424757
Property Type	Multi-family
Community Name	214 - Clifton Hill
Equipment Type	Water Heater
Parking Space Total	2
Rental Equipment Type	Water Heater

Building

Bathroom Total	4
Bedrooms Above Ground	5
Bedrooms Total	5
Basement Type	Full
Cooling Type	Central Air Conditioning
Exterior Finish	Vinyl Siding
Fireplace Present	Yes
Foundation Type	Concrete
Half Bath Total	1
Heating Fuel	Natural Gas
Heating Type	Forced Air
Size Interior	1,100 - 1,500 Ft2
Type	Triplex
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Irregular	67.6 X 140 Acre
Size Total Text	67.6 X 140 Acre
Zoning Description	Dtc

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Bedroom	3.45 m	4.79 m	3.45 m x 4.79 m
Second Level	Dining Room	1.66 m	2.58 m	1.66 m x 2.58 m
Second Level	Kitchen	1.73 m	2.58 m	1.73 m x 2.58 m
Second Level	Living Room	1.58 m	3.07 m	1.58 m x 3.07 m
Second Level	Bathroom	1.51 m	1.89 m	1.51 m x 1.89 m
Basement	Bathroom	2.52 m	2.17 m	2.52 m x 2.17 m
Basement	Bedroom	2.97 m	2.97 m	2.97 m x 2.97 m
Basement	Kitchen	3.16 m	3.1 m	3.16 m x 3.1 m
Basement	Bedroom	2.99 m	3.18 m	2.99 m x 3.18 m
Basement	Recreational, Games Room	2.54 m	8.15 m	2.54 m x 8.15 m
Basement	Utility Room	1.92 m	1.71 m	1.92 m x 1.71 m
Lower Level	Other	5.4 m	16.57 m	5.4 m x 16.57 m
Lower Level	Other	2.83 m	5.73 m	2.83 m x 5.73 m
Lower Level	Other	2.71 m	7.42 m	2.71 m x 7.42 m
Main Level	Bathroom	2.42 m	0.9 m	2.42 m x 0.9 m
Main Level	Bathroom	1.45 m	2.62 m	1.45 m x 2.62 m
Main Level	Bedroom	2.36 m	3.6 m	2.36 m x 3.6 m
Main Level	Dining Room	3.54 m	1.68 m	3.54 m x 1.68 m
Main Level	Foyer	5.55 m	1.91 m	5.55 m x 1.91 m
Main Level	Kitchen	3.73 m	2.86 m	3.73 m x 2.86 m
Main Level	Living Room	3.41 m	3.94 m	3.41 m x 3.94 m
Main Level	Bedroom	2.57 m	4.16 m	2.57 m x 4.16 m
Main Level	Other	2.22 m	1.56 m	2.22 m x 1.56 m

https://www.realtor.ca/real-estate/28908616/5464-lewis-avenue-niagara-falls-clifton-hill-214-clifton-hill