$899,000
9.65 BTC
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5163 River Road, Niagara Falls
$899,000
PRICE
4
BEDROOMS
2
BATHROOMS
X13206242
MLSID

5163 River Road, Niagara Falls

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 central 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 $2,000 per month plus heat and hydro. The identical second-floor unit also commands $2,000 per month plus heat and hydro but will be delivered vacant on August 1st, allowing you to move right in or set your own current market rents. Adding massive upside is the 800-square-foot partially finished third-floor studio space, already framed with provisions for a kitchen, bathroom, and living area-an incredibly easy finish to maximize your revenue via the traditional rental market or a lucrative short-term Airbnb. Turnkey mechanics, premium location, and undeniable value-add potential make this River Road gem a rare find.
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Summary

Address
5163 River Road
MLSID
X13206242
Property Type
Duplex
Property Category
Bedrooms
4
Bathrooms
2
Kitchens
2
Zoning
r2
Taxes (Annual)
$4,645.00
Tax Year
2026
Published
May 27, 2026
Days on Market
42 Days
Possession Type
Flexible
Possession Details
Flexible
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Details

Basement
Full
Interior Features
Separate Hydro Meter, Storage, Water Heater Owned
Parking Spaces
5
Parking Total
7
Parking Features
Private
Architectural Style
3-Storey
Roof
Asphalt Shingle
Construction Materials
Brick, Wood
Lot Width
50 Feet
Lot Depth
152 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Radiant
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with RE/MAX NIAGARA REALTY LTD, BROKERAGE
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