Rare Investment Opportunity or Flexible Multi-Family Living in Prime Center City Niagara Falls!Welcome to this exceptionally versatile corner property located in a highly desirable, walkable pocket of Niagara Falls. Recently renovated from top to bottom, this turnkey single-family home offers R3/Triplex-ready zoning potential, split perfectly into three independent 2-bedroom units (6 bedrooms, 3 bathrooms total) with appliances. Whether you are looking to cash-flow a high-yield investment with a potential market rent of $4,300/month or seek a multi-generational setup where the main and lower levels easily combine into a massive family home while the upper unit pays your mortgage this property delivers.The property features a massive, detached, heated double garage-a mechanic or hobbyist's dream-complemented by an expansive driveway offering total parking for up to 6 vehicles. Capital expenses have been thoroughly updated for peace of mind, featuring a central air system and premium newer windows and doors (all professionally installed in 2020 and meticulously maintained annually), alongside a durable 11-year-old roof.Situated on a prominent corner lot, this prime location offers immediate access to local schools, public transit, and a vibrant, walkable layout close to all central amenities. The upper unit is currently occupied by an excellent tenant until July 31, 2026, while the main floor and basement units have just been vacated, allowing you to set your own rents or move right in 24 Hour notice for upper tenent
Address
5751 Leonard Avenue
List Price
$549,900
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
2-Storey
Transaction Type
Sale
Area
Niagara Falls
Sub-Area
215 - Hospital
Region
Niagara
Bedrooms
5
Bedrooms (Total)
5
Rooms Above Grade
16
Bathrooms
3
Floor Area
1100-1500 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
119.92
Lot Size Units
Feet
Lot Width
40.09
Parcel Number
643140203
Occupant Type
Tenant
Cross Street
Lundys Lane
MLS® Number
X13631168
Listing Brokerage
ROYAL LEPAGE NRC REALTY
Basement Area
Separate Entrance, Finished
Postal Code
L2G 4R4
Posession Details
possession can be immediate
Parking
Private
Parking Places (Total)
6
Parking Spaces
2
Tax Amount
$3,789.00
Tax Year
2025
Site Influences
Place Of Worship, Public Transit, School
Interior Features
Accessory Apartment
Property Features
Place Of Worship, Public Transit, School
Cable
Available
Central Vacuum
No
Family Room
No
Hydro
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Senior Community
No
Board Or Association
Niagara Association of REALTORS
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Vinyl Siding
Direction Faces
West
Fireplace
No
Foundation Details
Unknown
Garage
Yes
Garage Type
Detached
Covered Spaces
2
Kitchens Total
3
Kitchens Above Grade
3
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
LOT 24 PLAN 29 STAMFORD
Topography
Flat, Dry
Water Source
Lake/River
Waterfront
No
Waterfront
None
Sewer
Sewer
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Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Kitchen | 4.77 x 4.57 Meters | |
| Main | Bedroom | 3.35 x 3.35 Meters | |
| Main | Office | 3.35 x 1.53 Meters | |
| Main | Living Room | 4.26 x 3.04 Meters | |
| Main | Foyer | 5.28 x 1.9 Meters | |
| Second | Kitchen | 5.89 x 2.03 Meters | |
| Second | Living Room | 4.11 x 3.63 Meters | |
| Second | Bedroom | 3.47 x 3.12 Meters | |
| Second | Bedroom 2 | 4.64 x 2.28 Meters | |
| Basement | Kitchen | 2.9 x 2.8 Meters | |
| Basement | Living Room | 4.26 x 2.43 Meters | |
| Basement | Bedroom | 2.74 x 2.43 Meters | |
| Basement | Bedroom 2 | 3.35 x 2.51 Meters |
