5407 Menzie Street, Niagara Falls, ON L2E 2V7, Niagara Falls, ON

5407 Menzie Street, Niagara Falls, ON L2E 2V7, Niagara Falls, ON photo 2

5407 Menzie Street, Niagara Falls, ON L2E 2V7, Niagara Falls, ON photo 3

5407 Menzie Street, Niagara Falls, ON L2E 2V7, Niagara Falls, ON photo 4

5407 Menzie Street, Niagara Falls, ON L2E 2V7, Niagara Falls, ON photo 5

+7 photos

$375,000

5407 Menzie Street, Niagara Falls, ON L2E 2V7, Niagara Falls, ON

Niagara Falls, ON L2E 2V7

3 beds 1 bath Detached

About this home

Set on a quiet street, this 3 bedroom, 1.5 storey home is centrally located making it convenient to get to where you need to go. Perfect for commuters and families alike, this property is just up the street from the Niagara Falls station and only a block away from multiple bus stops, providing easy access to transit options. Inside, you'll find a functional floor plan featuring one bedroom and laundry room on the main floor and 2 more bedrooms upstairs. The home offers comfortable living spaces with plenty of natural light, making it easy to settle in and make it your own. The addition on the back of the home offers a full, unfinished basement area below. Step outside to discover a large deck, nice sized yard and a standout feature: a massive Quonset hut that's ideal for storage, a workshop, or hobby space. Whether you're a tradesperson, collector, or simply need extra room, this versatile structure adds solid value! A great opportunity to own a well-located home with unique extras in a peaceful neighborhood.

Property Score

69/ 100

Overall Property Score

good

A blend of both buyer and investor metrics.

Score breakdown

Walkability

55/100good

Score based on neighborhood density, downtown proximity, and walkable amenities.

Transit Access

55/100good

GO Transit, LRT, and bus access from this neighborhood.

Schools

70/100great

Based on local school rankings (Fraser Institute proxy).

Affordability

55% of city avgexcellent

Priced below Niagara Falls's average of $685,000.

Appreciation Trend

+1.4%/yrgood

Niagara Falls has seen +1.4% YoY price change.

Monthly Cash Flow

-$172/mofair

Estimated -$172/mo at 20% down, 5% rate, 25-yr amortization.

Cap Rate

5.06%excellent

Net operating income divided by purchase price.

Basement Suite Potential

Buildablegreat

Strong potential for a legal basement suite - could add ~$1,380/mo.

Move-In Ready

Avggreat

Estimate. Use the listing description and photos to assess actual condition.

MLS^® # X13041982

Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.

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