INVESTMENT OPPORTUNITY TRIPLEX WITH BONUS OUTBUILDING! Welcome to 5685 Temperance Avenue, a rare and versatile investment property nestled in the Coronation neighborhood of Niagara Falls. This 1250 sq ft legal triplex offers excellent rental potential and is perfectly located close to public transit, schools, shopping, and all city amenities. The main dwelling includes three self-contained residential units: MAIN FLOOR UNIT: Spacious 2 bedrooms, 1 full bath, bright living area, and full kitchen. UPPER UNIT: Cozy 1 bedroom, 1 bathroom with private access ideal for singles or young professionals. LOWER UNIT: 1 bedroom, 1 bath unit with above-grade windows, perfect for maximizing rental income. But that's not all, this property features an additional 700 sq ft outbuilding, currently operating as a music studio, complete with a main level workspace and two upper rooms. With the right vision, this structure could be converted into a two-bedroom secondary unit (buyer to verify zoning and permits).The outbuilding includes a furnace, offering year-round usability and added value for future conversion or continued business use. Whether you're an investor looking to expand your portfolio or a savvy buyer seeking income potential, 5685 Temperance Ave is an opportunity not to be missed!
Property Type:
Residential Freehold
Property Sub Type:
Triplex
Home Style:
1 1/2 Storey
Approx. Age:
51-99
Total Approx Floor Area:
1100-1500
Depth:
100'30.5 m
Frontage:
37'7"11.5 m
Direction Faces:
South
Bedrooms:
3+1
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
3
Kitchens in Basement:
1
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Kitchens Above Grade:
2
Rooms Above Grade:
8
Rooms Below Grade:
3
Ensuite Laundry:
No
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Poured Concrete
Roof:
Asphalt Shingle
Basement:
Finished, Full
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Spaces:
8
Total Parking Spaces:
8.0
Family Room:
No
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$3,011 /
2024
Assessment:
$- /
-
Niagara Falls
215 - Hospital
Niagara
Hospital, Park, Place Of Worship, Public Transit, School
Sump Pump, Water Heater Owned
3 stoves, 3 fridges, washer, dryer, all window coverings
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