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Home ON St. Catharines - Niagara Niagara Falls Drummond - Victoria
5748 LEONARD AVENUE
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5748 LEONARD AVENUE $699,000
$699,000
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5748 LEONARD AVENUE
Niagara Falls (215 - Hospital), Ontario L2G4R1

MLS® Number: X9414986
6
Bedrooms
3
Bathrooms
2444
Square Feet

Listing Description

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! (36922529)

Location Description

North off Lundy's Lane

Property Summary

Property Type
Business
Square Footage
2444 sqft
Community Name
215 - Hospital
Land Size
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
Annual Property Taxes
$3,025
Parking Type
Detached Garage
Time on REALTOR.ca
42 days

Building

Bathrooms
Total
3
Interior Features
Basement Features
Separate entrance
Basement Type
N/A (Partially finished)
Building Features
Foundation Type
Block
Rental Equipment
Water Heater
Structures
Deck
Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Public Transit, Park
Parking
Parking Type
Detached Garage
Total Parking Spaces
5

Measurements

Square Footage
2444 sqft

Land

Lot Features
Frontage
50 ft
Land Depth
130 ft ,9 in
Other Property Information
Zoning Description
R2
Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4
Gary Demeo