1158 Ontario Ave, Niagara Falls, NY, 14305
About This Home
Exceptional investment opportunity! Incredible investment opportunity! This massive 4-unit property features three 3-bedrooms and one 2-bedroom units and over 6,012 square feet according to tax records. The property is fully occupied and offers separate utilities, providing immediate rental income for investors. Each unit has separate furnaces and hot water tanks located in the basement, along with dedicated storage areas for tenants. One unit features a new hot water tank, and most mechanicals are newer. All units have updated electrical panels. While the property could benefit from some cosmetic updates, it is priced accordingly, making it an excellent value for investors. All four units are currently occupied, and the tenants would like to remain, offering immediate rental income from day one.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1928
Materials
- Foundation: Stone
- Roof: Asphalt
- Construction materials: Brick,PEX Plumbing
Type & Style
- Home type: MultiFamily
- Architectural style: Fourplex
- Property subType: Quadruplex,Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater
- Laundry features: Washer Hookup
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 11
- Bathrooms: 4
- Full bathrooms: 4
Features
- Flooring: Hardwood,Luxury Vinyl,Varies
Heating
- Heating features: Gas,Forced Air
Interior Area
- Total structure area: 6,012
- Total interior livable area: 6,012 sqft
Property
Details
- Parcel number: 2911001440390001057000
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony
- Exterior features: Balcony
Lot
- Lot size: 3,127 sqft
- Features: Near Public Transit,Rectangular,Rectangular Lot,Residential Lot
- Lot size dimensions: 32 x 96
Parking
- Parking features: Two or More Spaces,Garage
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Niagara County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,188 | $14,256 |
| Home Insurance * | $154 | $1,848 |
| Property Taxes | $338 | $4,056 |
| Electricity | $993 | $11,922 |
| Total | $2,673 | $32,076 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-05 | Listed for sale | $235,000 |
| 2017-02-28 | Listing removed | $25,440 |
| 2017-02-15 | Listed for sale | $25,440 |
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