




5166 Morrison Street, Niagara Falls, ON
L2E 2E4
Listed October 14, 2026
About this property
Great Investment property is waiting for you, Live your own or rent it. Legal Duplex five bedrooms home with additional two-Bedrooms Basement, located in a prime central Niagara Falls location close to shopping, schools, parks, tourist attractions, and all amenities. Featuring three bedrooms on the main floor, a spacious living room, and a large size family room. The upper level has 2 bedrooms, one of the bedrooms, which is a full height of attic space, you will love it. The finished basement includes a family room, kitchen, bathroom, and laundry room with two Bed rooms offering excellent in-law suite or income potential. This property could truly shine perfect for investors, renovators, or buyers looking to customize their dream home. Gross Rental Income is $4120/month, Tenants Would Like To Stay.
Features
Property Details
Listing
Property
Parking & Land
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 5166 Morrison Street — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$129,800 · Minimum $39,900
Use the rate your lender or broker quotes you.
Monthly costs
From the listing (2026 tax bill).
Leave at $0 if there isn't one.
Typical for this kind of home.
Hydro, heating, water and sewer.
About 1% of the price a year, set aside.
One-time costs
A typical estimate — your lawyer will confirm.
Estimated monthly cost of ownership
$4,201/mo
About $50,412 a year
- $2,871
- $334
- Home insurance$125
- Utilities$330
- Maintenance & repairs$541
Cash needed to close
- Down payment (20%)
- $129,800
- Ontario land transfer tax
- $9,455
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $141,755
Estimates only — not a mortgage approval, quote or tax advice. Payments assume a fixed rate compounded semi-annually; minimum down payments, mortgage insurance and land transfer tax follow current CMHC and Ontario rules. Insurance, utilities and upkeep are typical figures for the area. Your lender, lawyer and insurer will confirm your exact costs.
Location & Walkability
5166 Morrison Street, Niagara Falls, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: October 14, 2026
Listing Office: CENTURY 21 GREEN REALTY INC.
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