For SaleDuplex · 3-StoreyMLS® #X13800086 · TRREB MLS®
5161-5163 River Rd, Niagara Falls, Ontario
Downtown, Niagara Falls, Ontario L2E 3G8
- Bedrooms
- 4
- Lot Size
- 50 x 151.74 ft
- Bathrooms
- 2
- Type
- Duplex
- Basement
- Full
$825,000
Estimated market value
About 5161-5163 River Rd
5161-5163 River Rd is a 4-bedroom, 2-bathroom duplex in Downtown, Niagara Falls, listed for sale at an asking price of $825,000 (MLS® X13800086).
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 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 $1,940 per month plus heat and hydro. The identical second-floor unit also commands $2,500 per month plus heat and hydro, and will be delivered vacant-perfect for an owner-occupant or an investor looking to set current market rents. Massive upside awaits in the 800-square-foot, partially finished third-floor loft Already framed and plumbed for a kitchen, bathroom, and living area, this space offers the opportunity to create a separate Additional Dwelling Unit (ADU) for rental income. Alternatively, it can be integrated into the second-floor apartment as a spectacular master suite with an ensuite bathroom, transforming the unit into a high-value three-bedroom apartment. Turnkey mechanics, premium location, and undeniable value-add potential make this River Road gem a rare find
Insights
Condition Score
Good3 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall−$1,351/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 41 homes with 4 bedrooms for lease in Niagara Falls right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $4,645 / 2026
- MLS® number
- X13800086
- Board
- TRREB MLS®
- Property Type
- Duplex
- Days on market
- Size
- 3000-3500 sqft
- Lot Size
- 50 x 151.74 ft
- Listed on
- Parking
- 2 Detached, 6 Parking
Listing history
Buy/sell history for 5161-5163 River Rd, Niagara Falls, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $825,000 | N/A | For Sale | X13800086 |
Members see the full history. Prices are hidden from signed-out visitors.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Michelle Lacroix for a full comparative market analysis.
Property details
Property
- Property Type
- Duplex
- Style
- 3-Storey
- Community
- Downtown
- Municipality
- Niagara Falls
Building
- Size
- 3000-3500 sqft
- Construction
- Brick Veneer
Inside
- Bedrooms
- 4
- Bathrooms
- 2
- Bathroom Details
- 2 × 4pc
- Basement Type
- Full
- Kitchens
- 2
Parking
- Garage Type
- Detached
- Garage
- 2
- Additional Parking
- 4
- Total Parking
- 6
Utilities
- Water
- Municipal
- Cooling
- Central Air, Wall Unit
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 50 ft
- Depth
- 151.74 ft
- Lot Size
- 50 x 151.74 ft
Additional
- Foundation
- Block
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Map and tour
Multiplexes for sale in Downtown right now
- For sale now
- 10
- Median asking price
- $531K
- New in 7 days
- 1
- Price cuts
- 40%
Middle half: $462K to $568K
3 in 28 days
4 listings
This home is asking 55% above the median, higher than three quarters of them.
See all homes in DowntownAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Land transfer tax on this home
- Ontario land transfer tax
- $12,975
- Total land transfer tax
- $12,975
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $8,975
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $825,000
- $8,500
- Ontario total
- $12,975
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation2
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m4 test or monitoring holes also recorded.250 m
Province of Ontario open data
Planning and building activity1
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
Province of Ontario open data
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Post Foods Canada — Post Foods Niagara Falls, 1.4 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- 1 federal contaminated site within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Niagara Peninsula Energy Inc.At the address
- Wired internet 50/10 Mbps or faster is listed at a household 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.40 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, Last Mile Wireless Internet, NWIC, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Niagara Peninsula Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Simcoe Street Public SchoolDSB Niagara | Public · grades JK–8 | 650 m | 80%Grade 6 average |
| St Patrick Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 1.1 km | 97%Grade 3 average |
| Valley Way Public SchoolDSB Niagara | Public · grades JK–8 | 1.4 km | 63%Grade 6 average |
| ÉÉC Saint-AntoineConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 2.5 km | 53%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Stamford CollegiateDSB Niagara | Public · grades 9–12 | 2.9 km | 62%Grade 9 math |
| A N Myer Secondary SchoolDSB Niagara | Public · grades 9–12 · French Immersion | 4 km | 74%Grade 9 math |
| Saint Paul Catholic High SchoolNiagara CDSB | Catholic · grades 9–12 · French Immersion | 4.2 km | 81%Grade 9 math |
| Westlane Secondary SchoolDSB Niagara | Public · grades 9–12 | 5.6 km | 66%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Niagara Falls GO | GO Transit train: Lakeshore West | 1 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Lot
- Lot area
- 7,587 sq ft705 m²
- Street frontage
- 50 ft15.2 m
- Depth
- 151.74 ft46.3 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $165,000
- Total mortgage amount
- $660,000
- Total interest payment
- $469,200
- Total purchase cost
- $1,294,200
- Mortgage payment
- $3,764/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
49%Monthly carrying cost
$4,151- Rent $2,800
- Shortfall $1,351
Rental income opens at $2,800, the median asking rent of 41 comparable homes for lease in Niagara Falls. Type over it with the rent you expect. This is a planning tool, not advice.
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