For Sale

5023 Kitchener Street, Niagara Falls, Ontario L2G 1A9

$499,000

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 4 Days.

  • Duplex
    Property Type
  • 4
    Bedrooms
  • 3
    Bathrooms
  • MLS ID: X12511090
  • Office Name RIGHT AT HOME REALTY
Property Description

Investor Alert! Air BnB short Term Rental Opportunity! This Legal Duplex is currently zoned “DTC”. Apply Vacation Rental Unit Amendment to legally offer property on Air BnB and run as a business. Featuring 3 private entrances! this duplex is just steps from Clifton Hill, tourist destinations and and major amenities. This property is a golden opportunity for investors seeking strong cash flow potential. The basement is ripe for developing a legal (ADU) Accessory Dwelling Unit with 6’10” ceiling height. All units are currently vacant. Property Highlights: Main Floor Unit is a spacious 3-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. Proximity to world-class attractions make this an investment with significant upside.

Property Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: X12511090
  • Price: $499,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 100
  • Ref ID: X12511090
  • Approx Sqft: 1500-2000
  • Dir / Cross St: Victoria Ave & Kitchener
  • Tax Year: 2025
  • Property Type: Duplex
  • Property Sub Category: Duplex
Price History
List Date MLS ID List Price Status End Date Closed Price
11/05/2025 X12511090 $499,000 For Sale - -
07/24/2025 X12305240 $499,000 Expired 08/05/2025 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Niagara Falls
  • $813,974 Average List Price
    based on 1 year
  • 296 New Listings
    based on 30 days
  • 66 Median Days on Market
    based on 1 year
  • List vs. Selling Price 228.64 % Up
  • Sold (12mo) 777
  • Rented (12mo) 371

  • 1 Month Change -26.0%
  • 3 Month Change -22.1%
  • 6 Month Change -15.0%
Walkscore
  • 87 Walk Score
    Very Walkable
  • 44 Transit Score
    Some Transit
  • 60 Bike Score
    Bikeable
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 Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 05/11/2025 13:29:14
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