5145 RICE CRESCENT
Niagara · L2E4A1
$549,000
About this residence
Strong investment opportunity with multiple income streams and excellent flexibility for investors or owner-occupants. This legal duplex features a spacious 2-bedroom main floor unit and a bright 1-bedroom upper unit, each with separate entrances. Additionally there is a lower-level living space with in-law potential offering separate entrance, kitchen, bathroom and two bedrooms. Coin laundry on site provides added revenue opportunity. Property offers parking for 3 vehicles and a low-maintenance backyard for tenant enjoyment. Centrally located in a convenient downtown area within walking distance to shopping, restaurants, amenities, and the Falls. Excellent opportunity to add value and maximize cash flow in a high-demand rental location. Current total monthly rents are $4,600 and include all utilities. 24 hours notice required for all showings. (id:61366)
Property details
- Property type
- Multi-family
- Style
- Duplex
- Bedrooms
- 5 (3 above, 2 below)
- Bathrooms
- 4
- Storeys
- 2
- Living area
- 1,100–1,500 sq ft
- Lot size
- 50 x 90 FT
- Frontage
- 50 feet
- Parking
- 3 spaces
- Annual tax
- $2,620
- MLS®
- X13104854
- Board
- Niagara
- Status
- Active
- Listed
- May 8, 2026
- Updated
- Jun 15, 2026
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 6.55 × 4.15 m |
| Kitchen | Main level | 3.29 × 2.99 m |
| Bathroom | Second level | 2.29 × 2.44 m |
| Kitchen | Basement | 3.96 × 3.75 m |
| Living room | Basement | 2.71 × 5.52 m |
| Bathroom | Basement | 2.13 × 1.52 m |
| Bedroom | Basement | 3.29 × 3.96 m |
| Bedroom 2 | Basement | 3.32 × 3.66 m |
| Bathroom | Main level | 2.32 × 1.68 m |
| Bedroom | Main level | 3.2 × 3.44 m |
| Bedroom 2 | Main level | 3.11 × 3.41 m |
| Bathroom | Main level | 1.13 × 2.32 m |
| Kitchen | Second level | 2.47 × 2.83 m |
| Living room | Second level | 5.95 × 4.7 m |
| Bedroom | Second level | 3.08 × 4.79 m |
Features & finishes
Appliances
- Washer
- Refrigerator
- Dryer
- Stove
Heating
- Forced air
- Natural gas
Cooling
- Central air conditioning
Basement
- Finished
- Separate entrance
Exterior
- Aluminum siding
- Steel
Foundation
- Block
Parking
- No Garage
Sewer & Utilities
- Sanitary sewer
Financing
Estimated monthly payment
$2,568/mo
Loan amount
$439,200
Down payment
$109,800
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Niagara
Nearby
About the area
Census · L2E- 18,587
- Population
- 46
- Median age
- $60,800
- Median income
- $472,000
- Median home value
- 61%
- Home ownership
- 21 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 5145 RICE CRESCENT?
5145 RICE CRESCENT is listed for $549,000, in Niagara.
How many bedrooms and bathrooms does 5145 RICE CRESCENT have?
It offers 5 bedrooms and 4 bathrooms.
What type of home is 5145 RICE CRESCENT?
5145 RICE CRESCENT is a Multi-family, Duplex set over 2 storeys.
How large is 5145 RICE CRESCENT?
The home offers approximately 1,100–1,500 sq ft of living space on a lot measuring 50 x 90 FT.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $2,568. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $2,620 per year.
Is there parking?
Yes — 5145 RICE CRESCENT includes 3 parking spaces.
What is the Niagara area like?
Niagara has a population of about 18,587, a median age of 46, a 61% home-ownership rate, with an average commute of about 21 minutes.
What is the average home value in Niagara?
The median dwelling value in this area is approximately $472,000, based on census data via Neighbourly.
What is the median household income in Niagara?
The median household income in this area is approximately $60,800.
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