5163 River Road, Niagara Falls, ON L2E 3G8
Niagara Falls
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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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 5163 River Road, Niagara Falls, ON L2E 3G8
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MLS# X13206242
Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE
On market since May 28, 2026
What comparable homes actually sold for in the last 12 months.
5163 River Road, Niagara Falls, ON L2E 3G8 is listed for $899,000 CAD.
5163 River Road, Niagara Falls, ON L2E 3G8 has 4 bedrooms and 2 bathrooms.
5163 River Road, Niagara Falls, ON L2E 3G8 is a Duplex.
5163 River Road, Niagara Falls, ON L2E 3G8 is in Niagara Falls, Ontario.
5163 River Road, Niagara Falls, ON L2E 3G8 is currently for sale.
Contact Alex Morgan at +16471112222 to arrange a private showing of 5163 River Road, Niagara Falls, ON L2E 3G8 (MLS# X13206242). You can also send a message through the contact form on this site.
