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5857 MURRAY Street

216 - Dorchester / Niagara Falls, ON L2G 2J9

ActiveFor Sale
5 Beds
2 Baths
1,500 Sq Ft
Single Family Home
Virtual Tour Available

About This Property

SPECTACULAR NIAGARA FALLS LEGAL DUPLEX WITH INCREDIBLE INCOME POTENTIAL! Welcome to this massive, fully upgraded legal duplex located on prestigious Murray Street in one of NiagaraFalls' most desirable neighborhoods. Just a 10-minute walk to Niagara Falls, this exceptional propertyoffers outstanding income potential for investors, Airbnb operators, or owner-occupiers.This property features a legal Accessory Dwelling Unit (ADU) and a City-approved Airbnb Business License,making it a rare turnkey investment opportunity.Unit 1 - Two-Storey Main Residence The spacious two-storey unit features: Main Floor: Elegant, oversized living room with a cozy fireplace; Separate formal dining room; Spaciouskitchen; Convenient laundry roomSecond Floor: Three generous bedrooms; Beautifully updated full bathroomRecent Upgrades* New flooring (2024)* Fresh paint (2026)* Stainless steel appliances with gas stove* New laundry room (2026)Unit 2Legal Basement ADU (Built 2026)Seperate EntranceA newly constructed, fully legal basement suite featuring:* 2 spacious bedrooms* Bright living room* Full bathroom* Modern kitchen with new appliances* New flooring and fresh paint* laundry facilitiesOutdoor FeaturesSituated on an approximately 9,793 sq. ft. lot, the property offers an expansive backyard perfect forentertaining, relaxing, or future development. Enjoy two separate gazebos, creating ideal outdoor spacesfor family gatherings or guests.The generous lot size may also offer the potential to construct a second Accessory Dwelling Unit (ADU), subject to City approvals and permits, providing an exciting opportunity to further increase rental income and maximize the property's investment potential.Major Capital Improvements* Complete electrical rewiring (2026) * New 200-amp electrical service* ESA Certificate (2026).

Property Details

StatusActive
Property TypeSingle Family Home
Listing TypeFor Sale
Interior Size1,500 sq ft
Bedrooms5
Bathrooms2
ListedJuly 21, 2026
Postal CodeL2G 2J9

Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13589538

Listed by RE/MAX REAL ESTATE CENTRE INC.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$739,900

asking price

MLS®X13589538
TypeSingle Family Home
CityNiagara Falls
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$3,613

/month · $591,920 mortgage

Down Payment20% — $147,980
Interest Rate5.5%

Amortization

Total Interest

$491,989

Total Cost

$1,083,909

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

RE/MAX REAL ESTATE CENTRE INC.