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5857 Murray Street
homes for sale · Niagara Falls · Dorchester
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$699,000

5857 Murray Street

Dorchester, Niagara Falls · MLS® X13823952

524

House · Single Family · 31 days on market

listed by RISHABH GANDHI, RE/MAX REAL ESTATE CENTRE INC.

realtor's description

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 Niagara Falls' most desirable neighborhoods. Just a 10-minute walk to Niagara Falls, this exceptional property offers 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-Store Main Residence The spacious two-story unit features: Main Floor: Elegant, oversized Livingroom with a cozy fireplace; Separate formal dining room; Spacious kitchen; Convenient laundry room Second Floor: Three generous bedrooms; Beautifully updated full bathroom Recent Upgrades: New flooring (2024); Fresh paint (2026); Stainless steel appliances with gas stove; New laundry room (2026) Unit 2Legal Basement ADU (Built 2026) Separate Entrance 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 facilities Outdoor Features Situated on an approximately 9,793 sq. ft. lot, the property offers an expansive backyard perfect for entertaining, relaxing, or future development. Enjoy two separate gazebos, creating ideal outdoor spaces for 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)

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property details

type
House, Single Family
bedrooms
5
bathrooms
2
parking
4
property tax
$3,136 / yr
days on market
31
MLS®
X13823952

features

  • Sump Pump
  • Washer
  • Refrigerator
  • Dishwasher
  • Stove
  • Dryer

monthly cost

$3,307/mo
Mortgage $3,045 · Tax $261

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$3,045/ monthly
loan $559,200
25-year amortization
total interest
$354,443
cash to close
$139,800
down payment; transfer tax and fees not included
total paid
$913,643

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
RISHABH GANDHI
RE/MAX REAL ESTATE CENTRE INC.
call RISHABH · 647-638-1355
Powered by: REALTOR.ca

location

Dorchester, Niagara FallsGoogle Maps ↗

location

Dorchester, Niagara FallsGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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