5866 Valley Way Niagara Falls, Ontario L2E 1Y1

6 Bedroom 4 Bathroom 700 - 1,100 ft2
Bungalow Central Air Conditioning Forced Air

$730,000

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:63203)

Property Details

MLS® Number X13468336
Property Type Single Family
Community Name 211 - Cherrywood
Amenities Near By Place Of Worship, Schools, Park
Equipment Type Water Heater
Parking Space Total 5
Rental Equipment Type Water Heater

Building

Bathroom Total 4
Bedrooms Above Ground 3
Bedrooms Below Ground 3
Bedrooms Total 6
Appliances Dishwasher, Dryer, Stove, Washer, Refrigerator
Architectural Style Bungalow
Basement Features Apartment In Basement
Basement Type N/a
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick
Flooring Type Laminate, Ceramic
Foundation Type Concrete
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 700 - 1,100 Ft2
Type House
Utility Water Municipal Water

Parking

Attached Garage
Garage

Land

Acreage No
Land Amenities Place Of Worship, Schools, Park
Sewer Sanitary Sewer
Size Depth 75 Ft
Size Frontage 71 Ft ,2 In
Size Irregular 71.2 X 75 Ft
Size Total Text 71.2 X 75 Ft

Rooms

Level Type Dimensions
Basement Kitchen 5.7 m x 1.93 m
Basement Bedroom 3.37 m x 2.08 m
Basement Den 2.92 m x 1.94 m
Basement Kitchen 5.72 m x 3.3 m
Basement Living Room 5.72 m x 3.3 m
Basement Bedroom 3.3 m x 2.95 m
Basement Bedroom 3.33 m x 3.28 m
Main Level Living Room 6.7 m x 3.51 m
Main Level Dining Room 6.7 m x 3.51 m
Main Level Kitchen 7.89 m x 2.37 m
Main Level Primary Bedroom 3.42 m x 3.38 m
Main Level Bedroom 2 3.38 m x 2.27 m
Main Level Bedroom 3 2.27 m x 2.62 m

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