5161-5163 River Road

About this home

SPECTACULAR NIAGARA RIVER DUPLEX WITH INCREDIBLE INCOME POTENTIAL! Situated on prestigious River Road, one of Niagara's most highly sought-after neighborhoods overlooking the majestic Niagara River, this massive, fully upgraded property offers an exceptional opportunity for savvy investors or owner-occupiers. The property features two expansive 1,300-square-foot units, each offering 2 spacious bedrooms, a beautifully updated bathroom, a bright sunroom, a kitchen, a formal dining room, and a living room complete with elegant French doors and gleaming hardwood floors. Both main and second-floor units boast individual full basements for ample storage, separate gas and hydro meters, and two owned hot water tanks. Capital improvements abound with a complete electrical rewiring in 2023 featuring pot lights throughout and hardwired smoke detectors, along with fully replaced windows and air conditioning spanning all three floors. A detached double garage with concrete floors provides excellent parking or storage. Financially rewarding, the main floor currently generates $1,940 per month plus heat and hydro. The identical second-floor unit also commands $2,500 per month plus heat and hydro, and will be delivered vacant-perfect for an owner-occupant or an investor looking to set current market rents. Massive upside awaits in the 800-square-foot, partially finished third-floor loft Already framed and plumbed for a kitchen, bathroom, and living area, this space offers the opportunity to create a separate Additional Dwelling Unit (ADU) for rental income. Alternatively, it can be integrated into the second-floor apartment as a spectacular master suite with an ensuite bathroom, transforming the unit into a high-value three-bedroom apartment. Turnkey mechanics, premium location, and undeniable value-add potential make this River Road gem a rare find

Details

Type

Duplex

Style

3-Storey

Size

3000-3500 sq ft

Lot

50 × 151.74 ft

Basement

Full, Separate Entrance

Garage

Detached

Kitchens

2

Property tax

$4,645 (2026)

Neighbourhood

210 - Downtown

Municipality

Niagara Falls

Interior

Bedrooms

4 above ground

Bathrooms

2 × 4-piece

Rooms

12 above ground

Family room or den

No

Fireplace

No

Features

Separate Hydro Meter

Heating, cooling and services

Heating

Forced Air, Gas

Air conditioning

Central Air, Wall Unit(s)

Water and sewer

Sewer

Building and exterior

Style

3-Storey

Exterior

Brick Veneer

Roof

Asphalt Shingle

Foundation

Block

Faces

West

Waterfront

Indirect

Parking

Garage spaces

2

Total parking

6

Lot

Size

50 × 151.74 ft

More

Possession

T.B.A.

Cross street

OTTER