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5748 Leonard Avenue Niagara Falls (215 - Hospital), Ontario L2G 4R1

6 Bedroom 3 Bathroom 2444 sqft

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:47878)

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	2444 Sqft
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

Aerial

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

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Data Provider
Niagara Association of REALTORS®

Listing Office
RE/MAX Niagara Realty Ltd, Brokerage

Listing Updated
November 17 2024 01:28:36