For Sale

5023 Kitchener Street, Niagara Falls, Ontario L2G 1A9

$0

5023 Kitchener Street, Niagara Falls, Ontario L2G 1A9 is For Sale and has a listing price of 499,000. The property is located in the Niagara Falls . It's been on the website for 89 Days.

  • Duplex
    Property Type
  • 4
    Bedrooms
  • 3
    Bathrooms
  • MLS ID: X12305240
  • Office Name RIGHT AT HOME REALTY
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!

Property Details
  • Bedrooms: 4
  • MLS ID: X12305240
  • Bathrooms: 3
  • Price: $499,000
  • Lot Depth: 100
  • Transaction Types: For Sale
  • Ref ID: X12305240
  • Year Built: N/A
  • Approx Sqft: 1500-2000
  • Dir / Cross St: Victoria Ave & Kitchener
  • Status: Active
  • Tax Year: 2025
  • Property Type: Duplex
  • Property Type: All Houses
  • Property Sub Category: Duplex
Price History
List Date MLS ID List Price Status End Date Closed Price
07/24/2025 X12305240 $499,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Niagara Falls
  • $812,200 Average List Price
    based on 1 year
  • 398 New Listings
    based on 30 days
  • 69 Median Days on Market
    based on 1 year
  • List vs. Selling Price 223.87 % Up
  • Sold (12mo) 801
  • Rented (12mo) 383

  • 1 Month Change +21.4%
  • 3 Month Change -15.9%
  • 6 Month Change +22.7%
Walkscore
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 1
  • Garage Type Detached
  • Parking Spaces: 4
  • Exterior Aluminum Siding
  • Kitchen 3
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 3
  • Washrooms Type 3 # Pcs: 3
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Taxes: $2,753
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Vacant
  • Listing Entry Date: 24/07/2025 16:54:59
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