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5857 MURRAY STREET, Niagara Falls (Dorchester) — listed at $699,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
SPECTACULAR NIAGARA FALLS LEGAL DUPLEX WITH INCREDIBLE INCOME POTENTIAL! Welcome to this massive, fully upgraded legal duplex located on prestigious Murray Street in one of Niagara Falls' most desirable neighborhoods. Just a 10-minute walk to Niagara Falls, this exceptional property offers outstanding income potential for investors, Airbnb operators, or owner-occupiers. This property features a legal Accessory Dwelling Unit (ADU) and a City-approved Airbnb Business License, making it a rare turnkey investment opportunity. Unit 1 - Two-Store Main Residence The spacious two-story unit features: Main Floor: Elegant, oversized Livingroom with a cozy fireplace; Separate formal dining room; Spacious kitchen; Convenient laundry room Second Floor: Three generous bedrooms; Beautifully updated full bathroom Recent Upgrades: New flooring (2024); Fresh paint (2026); Stainless steel appliances with gas stove; New laundry room (2026) Unit 2Legal Basement ADU (Built 2026) Separate Entrance newly constructed, fully legal basement suite featuring: 2 spacious bedrooms; Bright living room; Full bathroom; Modern kitchen with new appliances; New flooring and fresh paint; laundry facilities Outdoor Features Situated on an approximately 9,793 sq. ft. lot, the property offers an expansive backyard perfect for entertaining, relaxing, or future development. Enjoy two separate gazebos, creating ideal outdoor spaces for family gatherings or guests. The generous lot size may also offer the potential to construct a second Accessory Dwelling Unit (ADU), subject to City approvals and permits, providing an exciting opportunity to further increase rental income and maximize the property's investment potential. Major Capital Improvements* Complete electrical rewiring (2026)* New 200-amp electrical service* ESA Certificate (2026) (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 7.16 x 3.71 meters |
| Primary Bedroom | Lower level | — |
| Bedroom 2 | Lower level | — |
| Laundry room | Main level | — |
| Dining room | Main level | 3.58 x 3.2 meters |
| Kitchen | Main level | 3.71 x 3.56 meters |
| Primary Bedroom | Second level | 4.11 x 3.51 meters |
| Bedroom 2 | Second level | 3.81 x 3.1 meters |
| Bedroom 3 | Second level | 3.73 x 2.49 meters |
| Recreational, Games room | Lower level | 4.42 x 4.27 meters |
| Laundry room | Lower level | 3.23 x 2.13 meters |
| Bathroom | Second level | — |
| Bathroom | Lower level | — |
Is 5857 MURRAY STREET a good fit for a growing family?+
With 5 bedrooms and 2 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
Does it have a basement, and is it finished?+
Yes — Finished, Full. A finished basement adds meaningful living space beyond the listed square footage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,136, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
What's the parking situation?+
This property includes 4 spaces — No Garage.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
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