
5368 MENZIE Street
Niagara Falls, Ontario
6 bed • 5 bath • Multi-family
Own a Rare Piece of Niagara's History - Endless Possibilities Await!Step into a truly one-of-a-kind estate where timeless elegance meets modern convenience. Legal 5-plex, this extraordinary property is currently configured as a spacious single-family home, and can be effortlessly returned back to a 5-plex income producer. It also presents an amazing bed & breakfast opportunity, especially with the impressive Viking pool. A rare luxury that sets this property apart. Boasting over 4,000 sq. ft. of living space, the home features remarkable architectural character, including 12' ceilings, original hardwood floors, solid 8' doors, intricate cove moulding, detailed plaster trim, a grand staircase, and a stunning solid marble fireplace mantel. Located just minutes from Niagara Falls' premier entertainment district, this property also offers dual street access, a rare advantage in Niagara plus ample parking. Additional highlights include: Empty apartments, allowing the new owner to set market rents. Development opportunities at the rear of the property. You can build 3 homes or possibly 5 towns. Ideal for a home-based business: perfect for a salon, daycare, accounting office, law office, or other professional use. If geared toward students, the layout offers numerous rooms, maximizing income potential. Revenue potential of up to $10,000 per month, depending on use and configuration. Over the past 26 years, nearly every major system has been updated, including: High-efficiency furnace & AC, newer windows and exterior doors, a 200-amp electrical panel, rebuilt back porch, updated fencing, and more (see the full upgrade sheet for details). Whether you're seeking a distinctive residence, a high-yield investment property, or a boutique hospitality venture, this rare gem delivers unmatched versatility, historic charm, and modern reliability. Envision the possibilities!
Price History
Schools
Elementary
- St Mary Catholic Elementary School0.7 km
Catholic · Niagara CDSB · 260 students
Grade 3 reading: 89% met the provincial standard · Grade 6 math: 100% met the provincial standard
- Valley Way Public School0.8 km
Public · DSB Niagara · 300 students
Grade 3 reading: 79% met the provincial standard · Grade 6 math: 40% met the provincial standard
- ÉÉC Saint-Antoine0.8 km
French Catholic · CS catholique MonAvenir · 90 students
Grade 3 reading: 50% met the provincial standard · Grade 6 math: 29% met the provincial standard
Secondary
- A N Myer Secondary School2.1 km
Public · DSB Niagara · 1155 students
Grade 10 literacy: 89% met the provincial standard
- Stamford Collegiate2.3 km
Public · DSB Niagara · 805 students
Grade 10 literacy: 80% met the provincial standard
- Saint Paul Catholic High School2.3 km
Catholic · Niagara CDSB · 790 students
Grade 10 literacy: 84% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L2E
- Population
- 18,587
- Private dwellings
- 9,017
- Median age
- 46.4
- Average household size
- 2.2
- Median household income
- $60,800
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Multi-family in Niagara Falls · last 12 months
- Median sold price
- $560,000
- Homes sold
- 1,069
- Median days on market
- 31
- Sale-to-list price
- 96.2%
Based on 1,069 recorded sales of multi-family properties in Niagara Falls over the last 12 months.
Location
Mortgage Calculator
$358,000
Estimated Monthly Payment
$8,794
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $8,794/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $448/mo
Estimates only. Consult a financial advisor.
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