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5315 ONTARIO AVENUE, Niagara Falls (Downtown) — listed at $649,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Welcome to 5315 Ontario Avenue, Niagara Falls! Discover this beautifully renovated and charming 1.5-storey detached home, ideally situated just minutes from the Niagara River, scenic parks, and world-famous Niagara Falls attractions. Featuring a spacious covered front porch overlooking a tennis court and children's playground, this home offers the perfect combination of comfort, convenience, and investment potential. The bright, open-concept main floor boasts an inviting living and dining area, a modern kitchen with a center island offering seating for four, a generously sized bedroom, a 4-piece bathroom, and convenient main-floor laundry. Upstairs, enjoy a sun-filled, spacious primary bedroom and a versatile loft, perfect for a home office, study area, family room, or entertainment space. The newly renovated finished basement features a separate entrance, one bedroom, a 4-piece bathroom, a kitchen, a combined living and dining area, and a second laundry area, offering excellent potential for rental income or extended family living. Additional highlights include a detached double-car garage, parking for 4+ vehicles on the driveway, and a private backyard with no rear neighbors, backing onto the scenic Olympic Torch Run Trail. Conveniently located close to Clifton Hill, casinos, shopping, restaurants, parks, schools, and public transit just steps away. Whether you're a first-time homebuyer, growing family, or investor seeking additional income potential, this move-in-ready property offers incredible versatility and value. A fantastic opportunity in a prime Niagara Falls location! Don't miss it! (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 3.96 x 3.12 meters |
| Kitchen | Main level | 3.66 x 2.74 meters |
| Dining room | Main level | 3.05 x 2.13 meters |
| Bedroom | Main level | 3.45 x 1 meters |
| Bathroom | Main level | 2.43 x 1.25 meters |
| Bedroom 2 | Second level | 4.65 x 4.55 meters |
| Loft | Second level | 3.48 x 3.35 meters |
| Kitchen | Basement | 5.38 x 3.12 meters |
| Bedroom 3 | Basement | 3.05 x 2.74 meters |
| Bathroom | Basement | 2.2 x 1.15 meters |
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,585.22, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Is 5315 ONTARIO AVENUE a good fit for a growing family?+
With 4 bedrooms and 2 bathrooms, there's room for kids plus a guest room or home office. The 1.5-storey layout keeps living and sleeping areas separated.
Could this work as an investment property?+
The basement description mentions: Full, Separate entrance. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Niagara Falls (Downtown) before counting on it.
What's the parking situation?+
This property includes 6 spaces — Detached Garage, Garage.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
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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