FourplexOn market 52 days

5078-5086 Fifth Ave, Niagara Falls

Name: 5078-5086 Fifth Avenue
SKU: X13806508
Price: 850000 CAD
Availability: InStock

Niagara Falls, ON · · MLS® X13806508Updated September 19, 2026

$850,000Est. $4,176/mo mortgage

Bedrooms: 8
Bathrooms: 4
Living space: 2500–3000sq ft
Parking spaces: 7

Type Fourplex
Garage Yes
Basement Unfinished, Full

What you should know

5078-5086 Fifth Ave is an 8-bedroom, 4-bathroom fourplex in Niagara Falls, listed for $850,000. It has 2500-3000 sq ft of living space.

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.
All major structural and mechanical upgrades have already been completed, offering total peace of mind.

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8 Bed, 4 Bath Fourplex in Niagara Falls

About 5078-5086 Fifth Avenue

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!

8 bedrooms, 4 bathrooms, about 2,500 sq ft, works out to roughly $340 per square foot. Chat with Zara if you'd like a deeper read on whether this fourplex fits your budget and timing.

Inside 5078-5086 Fifth Ave

Every detail from the listing, in one place.

Type: Fourplex
Style: 2-Storey
Living space: 2500-3000 sq ftas stated on the listing
Parking: 7 spacesYes garage
Basement: Unfinished, Full

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 7

Interior

Basement: Unfinished · Full

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 2-Storey
Property class: Fourplex

5078-5086 Fifth Ave Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Sep 19, 2026For saleListedThis listingMLS® X13806508$850,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 5078-5086 Fifth Ave Compares to the Niagara Falls Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 751 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Niagara Falls market, last 90 days

Median sold price: $571,250
Average sold price: $625,332
Average days on market: 45
Homes sold: 452

Closed sales on the TRREB MLS®.

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Recently sold nearby in Niagara Falls

Sold prices are shown free to signed-in members, as board rules require.

1 nearby sale vs. this home

Closed sales from MLS®, compared with this home's asking price.

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Home	Sold price	$ / sqft	% of asking	Sold
This home5078-5086 Fifth Avenue 8 bd · 4 ba · 2,500 sqft	$850,000asking	$340	—	—
5736 Woodland Boulevard 8 bd · 4 ba · 3,500 sqft

5736 Woodland Boulevard
8 bd · 4 ba · 3,500 sqft

Living in Niagara Falls: Location & Amenities

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From 5078-5086 Fifth Ave. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 5078-5086 Fifth Ave

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $4,176; 20% down · 25 years · 5.5% assumed
Property tax: $468; 0.66% mill rate · ON
Total per month: $4,644; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$4,176

/mo

based on the purchase price of $850,000

Down payment20%

$170,000 cash

Amortization25 yr

$680,000 financed

Rate5.50%

$572,738 total interest

Principal54%$680,000

Interest46%$572,738

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

For homeowners nearby

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Listing brokerage: RE/MAX NIAGARA REALTY LTD, BROKERAGEMLS® X13806508 · Listing data last updated September 19, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

For sale· listed Sep 18· $340/sq ft

Estimated monthly mortgage$4,176/moMortgage only · 20% down · 5.5% assumed

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