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Executive Summary

Character home with two separate suites and R2 zoning-perfect for an income property or living in one unit while generating rental income from the other. The property features a tenanted 2-bedroom suite and a main level vacant 1-bedroom suite, making it an ideal opportunity for an owner-occupant looking to offset their mortgage. The vacant main floor unit features access to the backyard, basement and 1.5 car garage. Each suite offers its own private entrance and fully equipped kitchen, providing complete independence and privacy for both owner and tenant. This flexible layout is also well-suited for multi-generational living.Located in a desirable neighbourhood close to schools, shopping, dining, and public transportation, the home has been well maintained over the years. Additional highlights include a private driveway, detached 1.5-car garage, and private yard, offering comfort, convenience, and excellent long-term value. Upstairs unit leased for $1,550 all inclusive monthly. Main floor unit vacant.

Financial Summary (Actual - 2025)

Annual (USD) Annual Per SF (USD)
Gross Rental Income $13,455 $8.97
Other Income - -
Vacancy Loss - -
Effective Gross Income $13,455 $8.97
Net Operating Income - -

Financial Summary (Actual - 2025)

Gross Rental Income (USD)
Annual $13,455
Annual Per SF $8.97
Other Income (USD)
Annual -
Annual Per SF -
Vacancy Loss (USD)
Annual -
Annual Per SF -
Effective Gross Income (USD)
Annual $13,455
Annual Per SF $8.97
Net Operating Income (USD)
Annual -
Annual Per SF -

Property Facts

Price $358,086 USD
Price Per Unit $179,043 USD
Sale Type Investment
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Building Size 1,452 SF
Average Occupancy 50%
No. Stories 2
Year Built 1923
Parking Ratio 2.07/1,000 SF
Zoning R2 - R2 Zoning

Amenities

Unit Amenities

  • Air Conditioning
  • Microwave
  • Heating
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Tub/Shower
  • Yard
  • Attic
  • Basement
  • Dining Room
  • Lawn

Site Amenities

  • Fenced Lot
  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 - -
2+1 1 - -
Fairly walkable
50/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
  • Listing ID: 40093263

  • Date on Market: 4/9/2026

  • Last Updated:

  • Address: 5371 Huron St, Niagara Falls, ON L2E 2K5

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