$499,000
5145 Rice Crescent, Niagara Falls, ON L2E 4A1
Downtown
Downtown · L2E 4B4
$499,900
$333 / sq ft2 weeks on market
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$499,000
Downtown
Exceptional multi-unit investment opportunity, currently operated as a short-term rental! Ideally located just one minute from Great Wolf Lodge and five minutes from Niagara Falls. The main-floor unit features two bedrooms, a spacious living area, a kitchen, a four-piece bathroom, and patio doors leading to the backyard. The second-floor unit offers three additional bedrooms, a living room, a kitchen, and a full bathroom. The third-floor unit is a private one-bedroom apartment complete with a kitchenette and a three-piece bathroom. Situated on a generous 50 x 150 ft lot, this property offers excellent potential for investors, short-term-rental operators, or buyers seeking flexible multi-generational living. Offer date: 3rd of September at 4 pm.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced below most comparable listings — about 17% of comparable multiplex listings in Niagara Falls are asking less.
Based on 24 comparable active multiplex listings in Niagara Falls. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $499,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROYAL LEPAGE NRC REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of BOLDT REALTY INC., BROKERAGE
$595,000
Downtown
Listing courtesy of Keller Williams Edge Realty
$459,900
Downtown
Listing courtesy of RE/MAX NIAGARA REALTY LTD, BROKERAGE