5145 Rice Crescent, Niagara Falls, ON L2E 4A1
210 - Downtown, Niagara Falls · Near Rice and Ryerson · View map
About this home
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.
The home
- Type
- Duplex
- Style
- 2-Storey
- Square footage
- 1100-1500 sq ft
- Bedrooms
- 3
- Basement bedrooms
- 2
- Bathrooms
- 4
- Kitchens
- 3
- Rooms
- 11
- Basement
- Separate Entrance, Finished
- Lot size
- 50 x 90 ft
- Faces
- West
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Aluminum Siding, Metal/Steel Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 3
- Total parking
- 3
Taxes & other
- Property taxes
- $2,620/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Rice and Ryerson
- Neighbourhood
- 210 - Downtown
More
- Price per sq ft
- ~$384 (at 1,300 sq ft)
- MLS® number
- X13720124
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The home and its surroundings
- In-Law Capability
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
5145 Rice Crescent, Niagara Falls, ON L2E 4A1
210 - Downtown, Niagara Falls · Near Rice and Ryerson
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Listing history for 5145 Rice Crescent
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 5145 Rice Crescent
Answers come straight from this home’s MLS® listing.
How much is 5145 Rice Crescent listed for, and what would it cost each month?
5145 Rice Crescent is listed for $499,000. With 20% down ($99,800), the mortgage payment would be roughly $2,013 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,231 a month, all in. That figure is an illustration, not a quote.
Is 5145 Rice Crescent freehold or a condo, and is there a monthly fee?
5145 Rice Crescent is a duplex in 210 - Downtown, Niagara Falls. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 5145 Rice Crescent have?
5145 Rice Crescent has 3 bedrooms, plus 2 more bedrooms in the basement, and 4 bathrooms. The listing gives the style as 2-storey.
Does 5145 Rice Crescent have a garage and parking?
The listing does not show a garage. The driveway adds 3 spaces. In total the listing counts 3 parking spaces.
Does 5145 Rice Crescent have a finished basement?
The listing describes the basement as separate entrance, finished. It counts 2 bedrooms on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 5145 Rice Crescent?
5145 Rice Crescent is a duplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 5145 Rice Crescent, and what is the lot size?
The listing puts the home between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 50 x 90 ft.
How is 5145 Rice Crescent heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 5145 Rice Crescent?
Property taxes are $2,620 a year (2025), or about $218 a month.
Where is 5145 Rice Crescent?
5145 Rice Crescent is in the 210 - Downtown community of Niagara Falls. The nearest main intersection is Rice and Ryerson. The postal code is L2E 4A1.
Is 5145 Rice Crescent still for sale?
Yes. It is an active listing (MLS® X13720124). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 5145 Rice Crescent asking?
Similar properties for sale nearby right now include 4744 Jepson Street at $449,900 (3 bed), 4454 Huron Street at $445,000 (4 bed) and 4602 Ryerson Crescent at $579,777 (4+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 5145 Rice Crescent sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 5145 Rice Crescent?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near 210 - Downtown, picked by style, size and price.
Duplex$449,9004744 Jepson Street, Niagara Falls3 bed · 2 bath · 210 - DowntownCourtesy of: REVEL Realty Inc., BrokerageView home →
Duplex$445,0004454 Huron Street, Niagara Falls4 bed · 3 bath · 210 - DowntownCourtesy of: RE/MAX NIAGARA REALTY LTD, BROKERAGEView home →
Duplex$579,7774602 Ryerson Crescent, Niagara Falls4+1 bed · 3 bath · 210 - DowntownCourtesy of: RE/MAX ESCARPMENT REALTY INC.View home →Courtesy of: BOLDT REALTY INC., BROKERAGE
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.