5078-5086 FIFTH Avenue, Niagara Falls, ON L2E 4S5
Niagara Falls, ON L2E 4S5
Quick cost estimateKnown monthly subtotal$4,352.50 / monthLand transfer tax $13,475One-time estimate
Quick cost estimate
$4,352.50 / monthKnown monthly subtotal
- Mortgage principal & interest
- $3,954.91
- Property tax / month
- $397.58
- Maintenance / month
- Period / amount not reported
Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.
Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.
Land transfer tax · one time
- Transfer tax total
- $13,475
Before rebates, surcharges and fees. Not part of the monthly subtotal.
Tax assumptions & breakdown
Toronto municipal land transfer tax does not apply to this listing outside the City of Toronto.
- Ontario tax
- $13,475
- Toronto municipal tax
- $0
Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm residence classification. Not historical tax paid; excluded from the monthly subtotal.
Ontario rates · Toronto rates (April 2026)
Eligible first-time purchasers may qualify for an Ontario land transfer tax refund of up to $4,000. Toronto buyers may also qualify for a separate municipal rebate of up to $4,475. Eligibility varies and these maximums are not guaranteed savings. See official eligibility links and details.
Want to see it in person?Request a showing →
About this home
Louise apartments. An incredible, purpose-built brick fourplex offering stable immediate returns alongside massive rental upside, ideal for multi-generational families co-buying together or owners looking to live in one unit while offsetting their mortgage! Located in an established neighborhood just one mile from the Niagara University campus, this exceptionally well-maintained building features four spacious 2-bedroom units-each complete with a full bath, full kitchen, living room, private entrance, and private porch or balcony. Fully upgraded for low-maintenance ownership, major capital improvements include a complete electrical rewire with five separate meters, four individual water heaters, an efficient gas boiler approximately eight years old, and a complete roof replacement in 2018 down to the plywood, topped with high-quality metal for lifetime durability. Safety and utility features abound with fire-rated walls, interconnected smoke detectors, a basement fire suppression system, a backflow preventer, a commercial-grade sump pump, and a convenient master key system. The basement houses commercial-grade Whirlpool coin laundry and private storage rooms for each unit, while a detached three-car garage with separate doors provides potential extra storage income. This fully optimized property features long-term, highly reliable tenants providing immediate cash flow from day one. All major structural and mechanical upgrades have already been completed, offering total peace of mind. Current rents are significantly below market value at $927.47, $874.45, $1,508.57, and $835.38 (all plus hydro). With market rents in the area commanding $1,750 to $1,850 per unit, this property offers an incredible opportunity to systematically transition to full market rates and dramatically increase your ROI.Truly a rare, low-maintenance portfolio addition where the heavy lifting is already done!
Home details
- Days on market
- Not reported
- Property type
- Fourplex
- MLS® number
- X13806508
- Source status
- New
- Bedrooms
- 8
- Bathrooms
- 4
- Postal code
- L2E 4S5
- Kitchens
- 4
- Kitchens above grade
- 4
- Family room / den
- No
- Interior size (reported range)
- 2500-3000
- Lot depth
- 143.20 ft
- Garage parking spaces
- Not reported
- Total parking spaces
- 7
- Occupancy
- Tenant
- Possession type
- Immediate
- Garage
- Detached
- Annual property tax
- 4771
- Basement
- Unfinished, Full
- Interior features
- None
- Exterior features
- Porch, Deck
- Architectural style
- 2-Storey
- Parking features
- Private
- Pool features
- None
- Fireplace
- No
- Waterfront
- No
- Elevator
- No
- Garage available
- Yes
- Heating system
- Water
- Heating fuel
- Gas
- Cooling
- None
- Sewer
- Sewer
- Direction facing
- East
- Construction materials
- Brick
- Roof
- Metal
- Foundation
- Concrete Block
- MLS entry age (not confirmed DOM)
- 48 days
These details come from the listing source. Please confirm measurements and fees before making a decision.
Utilities and services
- Sewer
- Sewer
- Heating system
- Water
- Heating fuel
- Gas
- Cooling
- None
A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.
Rooms & virtual tours
Loading source-reported room dimensions…
Converted measurements are approximate. Levels and dimensions are shown only when supplied.
- Bedrooms above grade
- 8
- Rooms above grade
- 16
- Den / family room reported
- No
Reported counts are shown independently. Room dimensions have not been inferred from these counts.
Ask the listing brokerage for floor plans and measured room layouts.
Listing dates & price record
- Asking amount
- $850,000
Original MLS entry
Entry into the source MLS system; distinct from days on market.
Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.
Explore sold records with approved VOW access →Nearby homes sold near 5078-5086 FIFTH Avenue, Niagara Falls, ON L2E 4S5, Niagara Falls
Nearby sale prices are private. Sign in or request access to see homes that sold.
Sign in · Request accessEstimate monthly costs
Adjust the assumptions for your own scenario. Blank expenses are unknown; enter them for a fuller estimate.
Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.
Explore affordability & closing-cost tools →Map and neighbourhood
- Region / county
- NIAGARA
- Municipality
- NIAGARA FALLS
- MLS® community
- 211 - Cherrywood
Plan a trip from this home
Check a route from this property to work, school or another destination. Google Maps provides the current estimate when opened; traffic and departure time affect results.
Google Maps opens in a new tab and calculates the route. Your destination and this property location are sent to Google only when you submit. EnterHome does not store the destination or calculate a travel time.
Around this property
Schools, transit & everyday places
Published local sources. Distances are approximate straight-line distances, not walking routes.
Filter the records displayed below.
Nearby publicly funded schools
Within 5 km · approximate straight-line distances, not walking routes or attendance eligibility.
School year 2024-2025 · Preliminary · publisher extract 2026-09-14.
Valley Way Public School ↗
Elementary · JK-8 · English · Public
5315 Valley Way, Niagara Falls
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 79%
- Grade 3 Writing (at provincial standard)
- 48%
- Grade 3 Mathematics (at provincial standard)
- 72%
- Grade 6 Reading (at provincial standard)
- 80%
- Grade 6 Writing (at provincial standard)
- 70%
- Grade 6 Mathematics (at provincial standard)
- 40%
Simcoe Street Public School ↗
Elementary · JK-8 · English · Public
4760 Simcoe St, Niagara Falls
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 83%
- Grade 3 Writing (at provincial standard)
- 69%
- Grade 3 Mathematics (at provincial standard)
- 72%
- Grade 6 Reading (at provincial standard)
- 92%
- Grade 6 Writing (at provincial standard)
- 92%
- Grade 6 Mathematics (at provincial standard)
- 56%
St Patrick Catholic Elementary School ↗
Elementary · JK-8 · English · Catholic
4653 Victoria Ave, Niagara Falls
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 100%
- Grade 3 Writing (at provincial standard)
- 90%
- Grade 3 Mathematics (at provincial standard)
- 100%
St Mary Catholic Elementary School ↗
Elementary · JK-8 · English · Catholic
5719 Morrison St, Niagara Falls
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 89%
- Grade 3 Writing (at provincial standard)
- 100%
- Grade 3 Mathematics (at provincial standard)
- 89%
- Grade 6 Reading (at provincial standard)
- 100%
- Grade 6 Writing (at provincial standard)
- 100%
- Grade 6 Mathematics (at provincial standard)
- 100%
ÉÉC Saint-Antoine ↗
Elementary · JK-8 · French · Catholic
School board: CS catholique MonAvenir ↗
4572 Portage chemin, Niagara Falls
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
No published percentages for these measures in this source record.
École élémentaire LaMarsh ↗
Elementary · JK-8 · French · Public
4571 Drummond Rd, Niagara Falls
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
No published percentages for these measures in this source record.
Stamford Collegiate ↗
Secondary · 9-12 · English · Public
5775 Drummond Rd, Niagara Falls
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 9 Mathematics (at provincial standard)
- 62%
- Grade 10 OSSLT (first-attempt pass)
- 80%
Cherrywood Acres Public School ↗
Elementary · JK-8 · English · Public
4635 Pettit Ave, Niagara Falls
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 97%
- Grade 3 Writing (at provincial standard)
- 90%
- Grade 3 Mathematics (at provincial standard)
- 86%
- Grade 6 Reading (at provincial standard)
- 100%
- Grade 6 Writing (at provincial standard)
- 100%
- Grade 6 Mathematics (at provincial standard)
- 83%
Confirm programs and attendance with the school board. Private schools and verified catchment boundaries are not included. Contains information licensed under the Open Government Licence – Ontario. Ministry source.
Filter the records displayed below.
Transit near this property
Published transit locations. Distances are straight-line estimates, not walking routes or travel times.
Rail & subway · within 5 km
- Niagara Falls GOGO Transit · Train1.6 km
Bus & streetcar · within 2 km
- Stanley Ave. @ Hwy. 420 Park & RideGO Transit · Bus588 m
- Stanley Ave. @ Hwy. 420 Park & RideGO Transit · Bus589 m
- Niagara Falls Bus TerminalGO Transit · Bus1.6 km
Sources & service information
These are locations in published feeds, not live arrivals or confirmation of service at this moment. Station platforms are grouped only by the source parent-station relationship. Check the agency for schedules, disruptions, access and entrances. Coverage: TTC, GO Transit and UP Express only; other agencies are not yet connected.
- GO Transit source · feed 2026-10-28 to 2026-11-27 · checked 2026-11-02 14:57:59 UTC · Licence · Agency website
Filter the records displayed below.
Nearby shops & amenities
No nearby places were returned by the current OpenStreetMap snapshot. Coverage is regional and may be incomplete; verify business details before visiting.
Want to see this home?Request a showing →
Similar homes for sale in Niagara Falls
Current public IDX listings in the same city and transaction type. These are alternatives to explore, not sold comparables or an appraisal.
Property questions
How do I request a showing?
Choose a date and time preference in the request form. A request is not a confirmed appointment; EnterHome will confirm availability separately.
Are the measurements and features independently verified?
Measurements, lot details and features are displayed as reported by the listing source or a named public dataset. Missing facts are not inferred. Confirm material details with the listing brokerage.
What do nearby school, transit and shop results mean?
They are nearby records from the displayed source datasets. Distances are approximate straight-line distances; school catchment eligibility, ratings, walking routes, hours and live transit service are not inferred.
Can I see sold prices for nearby properties?
Sold and leased comparable records are shown only to approved VOW users where the source permits display. Sign in or request VOW access if prompted.
How should I use the monthly cost estimate?
It is a planning estimate based on the visible assumptions and reported property figures. It is not a lender quote, tax assessment, legal opinion or mortgage approval.
Home and neighbourhood overview
5078-5086 FIFTH Avenue, Niagara Falls, ON L2E 4S5, Niagara Falls is listed for sale as a Fourplex. The listing reports 8 bedrooms, 4 bathrooms, reported interior area of 2500-3000 (units not reported), kitchens reported as 4, parking spaces reported as 7. Asking price: $850,000. Occupancy is reported as Tenant. Review the Home details, room measurements and utility sections below to compare reported specifications; confirm important details with the listing brokerage. MLS® X13806508.
The Ministry’s school dataset lists Valley Way Public School approximately 268 m from the property’s mapped location. The published GO Transit feed includes Niagara Falls GO, approximately 1.6 km away.
Local context
The Ministry’s school dataset lists Valley Way Public School approximately 268 m from the property’s mapped location.
The published GO Transit feed includes Niagara Falls GO, approximately 1.6 km away.
Sources & distance notes
Distances are approximate straight-line estimates to mapped points or area centres. School proximity does not establish attendance eligibility. Published transit locations do not confirm service at this moment.
Explore the area: Niagara Falls · 211 - Cherrywood.
This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.
Listing brokerage: RE/MAX NIAGARA REALTY LTD, BROKERAGE. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13806508. Information deemed reliable but not guaranteed.