5821 Leonard Avenue, Niagara Falls, ON
L2G 4R5
Listed October 28, 2026
About this property
Detached Home with Income Potential on a Large Lot near Lundy's Lane, Niagara Falls. Welcome to this well-located detached home offering an excellent combination of space, parking, and income potential. The property features two separate units on the main level, including a one-bedroom in-law suite with its own separate entrance and a tenant currently in place-an excellent opportunity for buyers seeking additional income or investors looking for added flexibility.The main residence offers a spacious living room, dining room, kitchen, and convenient two-piece powder room on the main level. The second floor features three generously sized bedrooms and a three-piece bathroom, providing comfortable living space for a family.Situated on a large lot with a generous backyard, the property also features two separate driveways, providing ample parking for residents and guests. The basement includes a separate entrance, offering additional flexibility and potential for future use. Conveniently located directly behind CIBC on Leonard Avenue off Lundys Lane with easy access to local amenities, services, shopping, and everyday conveniences.A versatile property offering generous living space, ample parking, a large lot, and income potential-ideal for homeowners, multi-generational living, or investors.
Features
Property Details
Listing
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Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 5821 Leonard Avenue — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$109,800 · Minimum $29,900
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
$3,670/mo
About $44,040 a year
- $2,428
- $329
- Home insurance$125
- Utilities$330
- Maintenance & repairs$458
Cash needed to close
- Down payment (20%)
- $109,800
- Ontario land transfer tax
- $7,455
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $119,755
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
5821 Leonard Avenue, Niagara Falls, ON
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Last Updated: October 28, 2026
Listing Office: ENGEL & VOLKERS NIAGARA
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