Property Information:

Welcome to 5866 Valley Way, Niagara Falls - a rare Live & Earn opportunity in one of Niagara's most desirable and convenient locations! Whether you're a first-time home buyer, growing family, savvy investor, or someone looking to offset mortgage costs with rental income, this beautiful all-brick bungalow offers exceptional flexibility and value.Situated on an impressive 71-foot frontage lot, this unique property features 3 self-contained units, making it an outstanding income-generating investment. Live comfortably in the main-level residence while earning rental income from the lower units, or maximize cash flow by renting all three units. The home features a practical and versatile layout that is rarely available in today's market.The bright and spacious main floor offers over 1,000 sq. ft. of living space with modern finishes throughout, while the lower level boasts two separate units with private entrances. One lower unit is a legal 2-bedroom apartment, and the second 1+1 bedroom unit has permit documentation available. Each level is equipped with its own kitchen and laundry facilities, providing convenience and privacy for occupants. This carpet-free home features pot lights throughout, fresh paint, modern finishes, abundant natural light, and an upgraded 200-amp electrical panel. The extra-long private driveway accommodates up to 5 vehicles, making parking effortless for residents and guests alike. Perfectly located just minutes from Niagara Falls' world-famous attractions, tourist district, casinos, restaurants, shopping, hospitals, schools, parks, GO Transit, and major highways, this property offers the ideal combination of lifestyle and investment potential.Whether you're looking to live in one unit and generate additional income or add a strong cash-flowing asset to your portfolio, 5866 Valley Way is a truly worthwhile investment and an opportunity not to be missed! (id:27)

Building Features:

Style: Detached
Building Type: House
Architectural Style: Bungalow
Basement Type: N/A
Construction Style - Attachment: Detached
Exterior Finish: Brick
Floor Space: 700 - 1100 sqft
Flooring Type: Laminate, Ceramic
Foundation Type: Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning
Appliances: Dishwasher, Dryer, Stove, Washer, Refrigerator

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 3+3
Bathrooms: 4
Half Bathrooms: 1
Amenities Nearby: Schools, Park
Floor Space (approx): 700 - 1100 Square Feet
Irregular: Yes
Lot Depth: 75 Feet
Lot Frontage: 71.2 Feet
Lot Size: 71.2 x 75 FT
Sewer: Sanitary sewer
Parking Type: Attached garage, Garage
No. of Parking Spaces: 5

Rooms:

Kitchen Basement Level 5.70 m x 1.93 m
Bedroom Basement Level 3.37 m x 2.08 m
Den Basement Level 2.92 m x 1.94 m
Kitchen Basement Level 5.72 m x 3.30 m
Living Basement Level 5.72 m x 3.30 m
Bedroom Basement Level 3.30 m x 2.95 m
Bedroom Basement Level 3.33 m x 3.28 m
Living Main Level 6.70 m x 3.51 m
Dining Main Level 6.70 m x 3.51 m
Kitchen Main Level 7.89 m x 2.37 m
Primary Bedroom Main Level 3.42 m x 3.38 m
2nd Bedroom Main Level 3.38 m x 2.27 m
3rd Bedroom Main Level 2.27 m x 2.62 m

Convert Measurement to:

Courtesy of: ZOWN REALTY INC.

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Demographic Information of 5866 VALLEY WAY, Niagara Falls, Ontario, L2E 1Y1

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$85,632.52

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.47 %

High school certificate or equivalent

34.24 %

Apprenticeship trade certificate/diploma

7.62 %

College/non-university certificate

22.35 %

University certificate (below bachelor)

1.23 %

University Degree

12.09 %

Commuter

Travel To Work

By Car

85.34 %

By Public Transit

7.7 %

By Walking

6.56 %

By Bicycle

0.0 %

By Other Methods

0.4 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

36.08 %

Houses

63.92 %

5866 VALLEY WAY, Niagara Falls, Ontario, L2E 1Y1