3 Beds 3 Bath

5023 Kitchener Street, Niagara Falls, ON L2G 1A9

Niagara Falls L2G 1A9 Ontario

MLS: X12305240

$499,000

Added 15 days ago | For Sale

Listed by: RIGHT AT HOME REALTY

About Property

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!

Features

  • House Style:Duplex
  • Bathrooms:3
  • Land Size: 33.4 X 100
  • Water:Municipal
  • Garage Spaces: /Detached
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Victoria Ave & Kitchener
  • Basement:Separate Entrance,Apartment , Separate Entrance,Apartment
  • Possession Date:Vacant
  • Annual Property taxes: $2752.85
  • Bedrooms:3 +1
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:North
  • Front Footage:
  • Listing ID:X12305240

Level Type Features Dimensions
Main Living Room 12 ft, 1 in x 429 ft, 9 in
Kitchen 14 ft, 10 in x 11 ft
Bedroom 11 ft, 9 in x 9 ft, 5 in
Bedroom 2 9 ft, 9 in x 8 ft, 10 in
Bathroom 8 ft, 5 in x 5 ft, 1 in
Laundry 8 ft, 8 in x 11 ft, 4 in
Second Kitchen 16 ft x 12 ft, 6 in
Bedroom 12 ft, 10 in x 10 ft, 2 in
Living Room 13 ft, 6 in x 11 ft, 10 in
Bathroom 8 ft, 7 in x 7 ft, 1 in
Basement Kitchen 10 ft x 14 ft
Bedroom 9 ft, 4 in x 10 ft
Living Room 16 ft x 12 ft, 4 in

No property rooms available.

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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