$499,000
5145 Rice Crescent, Niagara Falls, ON L2E 4A1
210 - Downtown · Niagara Falls · L2E 4A1
Listing brokerage: BOLDT REALTY INC., BROKERAGE
- Beds
- 3+2
- Baths
- 4
- Sq ft
- 1100–1500
- Parking
- 3
Monthly costs
Property taxes
$218/mo
$2,620 a year (2025)
The home
- Lot size
- 50 × 90 ft
- Style
- 2-Storey
- Basement
- Separate Entrance, Finished
- Parking
- 3 spots
- Faces
- West
- Heating · cooling
- Forced Air, Central Air
- Possession
- Flexible
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.
All details20 more from the listing · Interior, Heating, Parking, Exterior, Utilities, Taxes, Listing
Interior
- Bedrooms
- 3+2
- Bathrooms
- 4
- Kitchens
- 3
- Rooms
- 11
- Den / family room
- Yes
- Size
- 1100-1500 sq ft
Features
- In-Law Capability
Heating & Cooling
- Heat source
- Gas
Parking
- Covered spaces
- 0
Exterior & Lot
- Roof
- Asphalt Shingle
- Foundation
- Concrete Block
- Exterior
- Aluminum Siding, Metal/Steel Siding
Utilities
- Sewer
- Sewer
Taxes & Fees
- HST
- Included In
Listing
- MLS® number
- X13720124
- Type
- Duplex
- Transaction
- For Sale
- Neighbourhood
- 210 - Downtown
- Cross streets
- Rice and Ryerson
Rooms · 19Living Room ×3, Kitchen ×3, Bathroom ×4, Bedroom ×3, Bedroom 2 ×2, Washroom ×4
Living Room
Main
6.55 × 4.15 m · 21′6″ × 13′7″
Kitchen
Main
3.29 × 2.99 m · 10′10″ × 9′10″
Bathroom
Main
2.32 × 1.68 m · 7′7″ × 5′6″
3 Pc Bath
Bedroom
Main
3.20 × 3.44 m · 10′6″ × 11′3″
Bedroom 2
Main
3.11 × 3.41 m · 10′2″ × 11′2″
Bathroom
Main
1.13 × 2.32 m · 3′8″ × 7′7″
3 Pc Ensuite
Kitchen
Second
2.47 × 2.83 m · 8′1″ × 9′3″
Living Room
Second
5.95 × 4.70 m · 19′6″ × 15′5″
Bedroom
Second
3.08 × 4.79 m · 10′1″ × 15′9″
Bathroom
Second
2.29 × 2.44 m · 7′6″ × 8′0″
3 Pc Bath
Kitchen
Basement
3.96 × 3.75 m · 13′0″ × 12′4″
Living Room
Basement
2.71 × 5.52 m · 8′11″ × 18′1″
Bathroom
Basement
2.13 × 1.52 m · 7′0″ × 5′0″
3 Pc Bath
Bedroom
Basement
3.29 × 3.96 m · 10′10″ × 13′0″
Bedroom 2
Basement
3.32 × 3.66 m · 10′11″ × 12′0″
2 × 3-piece washroom
Main
3-piece washroom
Basement
3-piece washroom
Second
History
Past listings and sales for this home and building.
Location
5145 Rice Crescent, Niagara Falls, ON L2E 4A1 · Near Rice and Ryerson
Monthly cost
Estimated monthly cost
$2,428/mo
- Mortgage
- $2,209
- Property tax
- $218
Amortization
Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.
Cash to close
Cash to close
$108,134
$99,800 down + $8,334 to $9,584 in closing costs
- Ontario land transfer tax
- $6,455
- Legal fees and disbursements
- $1,500 to $2,500
- Title insurance
- $250 to $500
- Property tax adjustment
- $129
Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.
The listing information is deemed reliable but is not guaranteed accurate by PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
$499,000
Tour in person or by video