23
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$1,095,000
Est. payment /mo
5 Beds
5 Baths
Price Dropped by $75K
5207 River RD Niagara Falls, ON L2E 3G9
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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 210 - Downtown
MLS Listing ID X12445726
Style 1 1/2 Storey
Bedrooms 5
Annual Tax Amount $6,164
Tax Year 2024
Property Sub-Type Detached
Property Description
This five (5) Bedroom HOUSE has a BED & BREAKFAST License. Located in Scenic LOCATION, the Bed & Breakfast District of City of NIAGARA Falls directly on RIVER ROAD, which runs along NIAGARA GORGE from the FALLS on towards Niagara-on-the-Lake, and while it can accommodate any family, it also has BB License, which opens earning potential for capable entrepreneur. B & B operation includes 4 rooms, which have their own ensuite bathrooms, and common area. 5th bedrooms is allocated for the owner/host. Large, 58 x 112 ft fenced lot with access from River Road (front) and also from laneway (back). LOCATION ! ~ 1.0 km away from RAINBOW Bridge~1.5 km away from AMERICAN Falls )~ 2.5 km away from HORSESHOE Falls~ 1.4 km to Bus & Railway Station. Direct Exposure to Tourist Traffic along Rover Road. The House was fitted & upgraded to meet City's Bylaws for operating a BED and BREAKFAST Business and has a City License and is ready to accommodate Tourists.Property is right on Niagara Gorge, so at times, depending on wind direction, you can hear the FALLS roaring in a distance. Please note this Offer is for House only, and not for BB business, which is not transferable. Buyer can apply for own license And while the B & B can generate income, which is solely dependent on Buyer's entrepreneurial and marketing performance. *For Additional Property Details Click The Brochure Icon Below*
Location
Province ON
County Niagara
Area Niagara
Rooms
Family Room Yes
Basement Unfinished, Walk-Out
Kitchen 1
Interior
Interior Features Storage
Cooling Window Unit(s)
Fireplace No
Heat Source Gas
Exterior
Parking Features Front Yard Parking
Garage Spaces 1.5
Pool None
Waterfront Description None
Roof Type Asphalt Shingle
Lot Frontage 58.0
Lot Depth 112.0
Total Parking Spaces 5
Building
Foundation Block
Others
ParcelsYN No
Listed by ICI SOURCE REAL ASSET SERVICES INC.
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