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23
5207 RIVER Road
$1,170,000 Sale
Listed 117 days ago
· 5
· 4.5
· 5
· 2150
Key Facts
Key facts for 5207 RIVER Road
Property Type
House, House
Parking
Garage: Yes, 5 parking
MLS #
40719595
Size
2150 sqft
Basement
Unfinished, Full (Unfinished)
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
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 o...pens 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:10452)
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Room Types
2pc Bathroom
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3pc Bathroom
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4pc Bathroom
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Listing courtesy of: ICI SOURCE REAL ASSET SERVICES INC
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