Niagara Falls, ON L2G 1A9,5023 Kitchener ST
Niagara Falls, ON L2G 1A9,5023 Kitchener ST
Niagara Falls, ON L2G 1A9,5023 Kitchener ST
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Sat
26
Jul
Sun
27
Jul
Mon
28
Jul
$499,000
Est. payment /mo
4 Beds
3 Baths
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision 214 - Clifton Hill

MLS Listing ID X12305240

Style 2-Storey

Bedrooms 4

Annual Tax Amount $2,752

Tax Year 2025

Property Sub-Type Duplex

Lot Depth 100.0

Lot Front 33.4

Appx SqFt 1500-2000

Property Description

Convert this Legal Duplex into a Legal Triplex! 3 private entrances! Seize this rare chance to own a duplex in the heart of Niagara Falls, just steps from vibrant Clifton Hill, tourist destinations and and major amenities. This property is a golden opportunity for investors seeking strong cash flow potential with the added bonus of converting into a legal triplex. The basement is ripe for developing a legal 3rd unit with 6'10" ceiling height. All units are currently vacant, offering immediate flexibility for full market rents! Property Highlights: Main Floor Unit is a spacious 2-bedroom, 1-bathroom unit with great layout, perfect for families or professionals. Second Floor Unit: Expansive 1-bedroom, 1-bathroom unit, ideal for singles or couples seeking a generous space to grow into. Basement Potential: Opportunity to create a third legal unit in the basement, maximizing rental income and property value. Each unit, including the potential basement unit, features its own private entrance for tenant convenience and privacy. Fully equipped with 2 gas meters, 2 hydro meters, 2 furnaces, 2 hot water tanks. Concrete driveway with parking for 5 cars plus a detached single car garage. Prime location, close to Clifton Hill entertainment, dining, and attractions, with easy access to major amenities, public transit, and highways. A fully functioning Duplex, and the potential to add a third legal unit in the basement offers significant upside, transforming this duplex into a high-yield triplex in a sought-after tourist destination. A booming rental market and proximity to world-class attractions make this a turnkey investment with immediate and long-term returns. Don't miss out on this exceptional opportunity to own a versatile, income-generating property in one of Ontario's most iconic locations. Schedule a viewing today!

Location

Province ON

County Niagara

Community 214 - Clifton Hill

Area Niagara

Rooms

Family Room No

Basement Separate Entrance, Apartment

Kitchen 3

Separate Den/Office 1

Interior

Interior Features None

Cooling None

Inclusions All Appliances, Light Fixtures

Exterior

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 33.4

Lot Depth 100.0

Total Parking Spaces 5

Building

Foundation Concrete Block

Others

Senior Community Yes


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Listed by RIGHT AT HOME REALTY

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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