Prime Investment with Severance Potential! Welcome to 5464 Lewis Avenue, in the heart of Niagara Falls. This renovated triplex offers 5 bedrooms across three fully rented units, an ideal turn-key investment. Extensively updated just three years ago with over $150,000 in renovations, including a new roof and modern finishes throughout, each unit has been thoughtfully refreshed to attract quality tenants and maximize rental income. Sitting on a massive lot, this property also presents rare future development potential. The seller is only one step away from completing the severance process, positioning this as not just an immediate income generator, but also a future growth opportunity for savvy buyers. With all units currently occupied, major upgrades complete, and severance nearly finalized, this triplex is a true gem in Niagara Falls. Whether you're expanding your rental portfolio or looking to capitalize on redevelopment, 5464 Lewis Avenue offers exceptional value and opportunity. (id:47421)
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Detailed Information
Bedrooms
5
Bathrooms
4
Equipment
Water Heater
Listing Contract Date
2025-09-24
Location Description
Kitchener St & Lewis Ave
# of Parking Spaces
2
Property Type
Multi-family
Rental Equipment
Water Heater
Transaction Type
For sale
Zoning Description
DTC
Building
Basement Type
Full
Cooling Type
Central air conditioning
Exterior Finish
Vinyl siding
Fireplace Present
Yes
Foundation Type
Concrete
# of Half Bathrooms
1
Heating Fuel
Natural gas
Heating Type
Forced air
Type
Triplex
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Bedroom
Second level
3.45 m x 4.79 m
Dining room
Second level
1.66 m x 2.58 m
Kitchen
Second level
1.73 m x 2.58 m
Living room
Second level
1.58 m x 3.07 m
Bathroom
Second level
1.51 m x 1.89 m
Bathroom
Basement
2.52 m x 2.17 m
Bedroom
Basement
2.97 m x 2.97 m
Kitchen
Basement
3.16 m x 3.1 m
Bedroom
Basement
2.99 m x 3.18 m
Recreational, Games room
Basement
2.54 m x 8.15 m
Utility room
Basement
1.92 m x 1.71 m
Other
Lower level
5.4 m x 16.57 m
Other
Lower level
2.83 m x 5.73 m
Other
Lower level
2.71 m x 7.42 m
Bathroom
Main level
2.42 m x 0.9 m
Bathroom
Main level
1.45 m x 2.62 m
Bedroom
Main level
2.36 m x 3.6 m
Dining room
Main level
3.54 m x 1.68 m
Foyer
Main level
5.55 m x 1.91 m
Kitchen
Main level
3.73 m x 2.86 m
Living room
Main level
3.41 m x 3.94 m
Bedroom
Main level
2.57 m x 4.16 m
Other
Main level
2.22 m x 1.56 m
Parking Spaces
Name
Spaces
No Garage
Land
Total Size
67.6 x 140 Acre
Sewer
Sanitary sewer
Size of Irregular Land
67.6 x 140 Acre
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