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5161-5163 River Road in Niagara Falls for sale

Asking price
$825,000
Estimate (Sep 17)
$789,870
MLS #:
X13800086
Type:
Duplex, 3-Storey
Approx. SQFT:
3000-3500
Basement:
Full, Sep Entrance
4 4
2 50 x 151.74 ft lot
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

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  • Date Listed: Thursday, September 17, 2026
  • Listing Brokerage: Re/Max Niagara Realty Ltd, Brokerage - Disclaimer: The information contained in this listing has not been verified by Re/Max Niagara Realty Ltd, Brokerage and should be verified by the buyer.
  • Virtual Tour: View Virtual Tour for 5161-5163 River Road
  • City: Niagara Falls

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  • Neighbourhood: Downtown
  • Major Intersection: OTTER
  • Full Address: 5161-5163 River Road, Niagara Falls, L2E 3G8, Canada, ON, Canada
  • Amenities:
  • Taxes: $4,645.00 (2026)

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