23
$579,777
4602 Ryerson Crescent, Niagara Falls, ON L2E 1E2
Downtown
4+1 bd
3 ba
1,500 sf
4
1 weeks on marketMLS® X14107276
Listing courtesy of RE/MAX ESCARPMENT REALTY INC.
1 / 25
For saleMLS® X13720124
5145 Rice Crescent, Niagara Falls, ON L2E 4A1
Downtown · L2E 4A1
$499,000
$454 / sq ft2 months on market
- Bedrooms
- 3+2
- Bathrooms
- 4
- Interior
- 1,100 sf
- Parking
- 3
- Lot
- 50 × 90 ft
What's special
- 3 parking spaces
- Central air
- Separate entrance
- In-law capability
About this property
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. 24 hours notice required for all showings.
Rooms
15 rooms. Dimensions as published by the listing brokerage.
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Living Room | Main | 6.55 × 4.15 m21.5 × 13.6 ft | — |
| Kitchen | Main | 3.29 × 2.99 m10.8 × 9.8 ft | — |
| Bathroom | Main | 2.32 × 1.68 m7.6 × 5.5 ft | 3 Pc Bath |
| Bedroom | Main | 3.20 × 3.44 m10.5 × 11.3 ft | — |
| Bedroom 2 | Main | 3.11 × 3.41 m10.2 × 11.2 ft | — |
| Bathroom | Main | 1.13 × 2.32 m3.7 × 7.6 ft | 3 Pc Ensuite |
| Kitchen | Second | 2.47 × 2.83 m8.1 × 9.3 ft | — |
| Living Room | Second | 5.95 × 4.70 m19.5 × 15.4 ft | — |
| Bedroom | Second | 3.08 × 4.79 m10.1 × 15.7 ft | — |
| Bathroom | Second | 2.29 × 2.44 m7.5 × 8.0 ft | 3 Pc Bath |
| Kitchen | Basement | 3.96 × 3.75 m13.0 × 12.3 ft | — |
| Living Room | Basement | 2.71 × 5.52 m8.9 × 18.1 ft | — |
| Bathroom | Basement | 2.13 × 1.52 m7.0 × 5.0 ft | 3 Pc Bath |
| Bedroom | Basement | 3.29 × 3.96 m10.8 × 13.0 ft | — |
| Bedroom 2 | Basement | 3.32 × 3.66 m10.9 × 12.0 ft | — |
Features
- In-Law Capability
Property details
Property
- Property type
- multiplex
- Bedrooms
- 3 + 2
- Bathrooms
- 4
- Interior size
- 1,100 sq ft
- Lot size
- 50 × 90 ft
- Zoning
- R2
- Possession
- Flexible
Interior
- Basement
- Separate Entrance, Finished
- Heating
- Forced Air · Gas
- Cooling
- Central Air
- Exposure
- West
Exterior & services
- Construction
- Aluminum Siding, Metal/Steel Siding
- Parking spaces
- 3
- Sewer
- Sewer
Costs
- List price
- $499,000
- Property taxes
- $2,620 / year (2025)
- Price per sq ft
- $454
- Rental items
- Hot water tank and furnace
Listing
- MLS® number
- X13720124
- Status
- For sale
- Listed
- August 27, 2026
- Days on market
- 69
- Last updated
- August 27, 2026
- Listing brokerage
- BOLDT REALTY INC., BROKERAGE
Price & sale history
This property's sale history is hidden
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced in line with comparable listings — about 33% of comparable multiplex listings in Downtown are asking less.
$445KMedian $571K$812K
- This home
- $454 / sq ft
- Comparable median
- $381 / sq ft
Based on 12 comparable active multiplex listings in Downtown. These are asking prices, not sale prices.
Mortgage estimate
Down payment5.0% · minimum $24,950
Interest rate5-year fixed, illustrative only
Amortization
- Principal & interest
- $2,621.10
- Property tax (est.)
- $218.33
- Estimated monthly
- $2,839
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $6,455
- Total due on closing
- $6,455
An estimate on the asking price of $499,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of BOLDT REALTY INC., BROKERAGE. 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.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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