5207 River Road, Niagara Falls (downtown), Ontario
Open House: Aug 30 @ 11:45 AM

$1,170,000

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5

Beds

5

Baths

About 5207 River Road

This five (5) Bedroom HOUSE is located in one of the most scenic locations in Ontario - City of NIAGARA Falls directly on RIVER ROAD, which runs along NIAGARA GORGE from the FALLS on towards Niagara-on-the-Lake,and while it can accommodate any family, it also has a BED and BREAKFAST License, which opens earning potential for capable entrepreneur. House is right on the RIVER Road in the FALLS's end of the Bed & Breakfast District. LOCATION ! LOCATION! ~ 1.0 km away from RAINBOW Bridge~1.5 km away from AMERICAN Falls )~ 2.5 km away from HORSESHOE Falls~ 1.4 km to Bus & Railway Station. Direct Exposure to Tourist Traffic along Rover Road. House was used in the 90's as Bed & Breakfast, Recently upgraded to new BB Bylaws, inspected & Licensed and Operational as Bed & Breakfast Business.The House was fitted & upgraded to meet City's Bylaws for operating a BED and BREAKFAST Business and has a City License to accommodate Tourists. Property is right on Niagara Gorge, so at times, depending on wind direction, you can hear the FALLS roaring in a distance. Please note this Offer is for House only, and not for BB business, which is not transferable. Buyer can apply for own license And while the B & B can generate income after Buyer obtains own license, note that Seller gives No Warranty to Buyer for any success of BB operations, which is solely dependent on Buyer's entrepreneurial performance. Buyer shall do own market research and assess own capacities to run BB business. Seller just added 4th room along with parking to BB license and increased rental capacity 25%. *For Additional Property Details Click The Brochure Icon Below* (id:36535)

Open House

Sat, Aug 30 11:45 AM - 05:00 PM

Features of 5207 River Road

Listing # X12098893
Price $1,170,000
Bedrooms 5
Bathrooms 5.00
Half Baths 1
Acres 0.00
Type Single Family
Sub-Type Freehold

Community Information

Address 5207 River Road
Subdivision 210 - Downtown
City Niagara Falls (downtown)
Province Ontario
Postal Code L2E3G9

Amenities

Parking Spaces 5
Parking Detached Garage, Garage
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Appliances Water Heater
Heating Natural gas Other
Cooling Window air conditioner
Fireplace No
# of Stories 2
Has Basement Yes
Basement Features Walk out
Basement Type N/A (Unfinished)
Basement Development Unfinished

Exterior

Lot Description 58 x 112 FT
Foundation Block

Listing Details

OfficeCourtesy Of JAMES TASCA Of ICI SOURCE REAL ASSET SERVICES INC.

Listing Map