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Home ON St. Catharines - Niagara Niagara Falls Drummond - Victoria
5023 KITCHENER STREET
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5023 KITCHENER STREET $499,000
$499,000
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5023 KITCHENER STREET
Niagara Falls (Clifton Hill), Ontario L2G1A9

MLS® Number: X12305240
3 + 1
Bedrooms
3
Bathrooms
1500 - 2000
Square Feet

Listing 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! (40954406)

Location Description

Victoria Ave & Kitchener

Property Summary

Property Type
Multi-family
Building Type
Duplex
Storeys
2
Square Footage
1500 - 2000 sqft
Community Name
214 - Clifton Hill
Land Size
33.4 x 100 FT
Annual Property Taxes
$2,752.85
Parking Type
Detached Garage, Garage
Time on REALTOR.ca
11 days

Building

Bedrooms
Above Grade
3
Below Grade
1
Bathrooms
Total
3
Interior Features
Appliances Included
All
Basement Features
Apartment in basement, Separate entrance
Basement Type
N/A
Building Features
Foundation Type
Block
Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Aluminum siding
Parking
Parking Type
Detached Garage, Garage
Total Parking Spaces
5

Measurements

Square Footage
1500 - 2000 sqft

Rooms

MetricImperial
Main level
Living room
Kitchen
Bedroom
Bedroom 2
Bathroom
Laundry room
Second level
Kitchen
Bedroom
Living room
Bathroom
Basement
Kitchen
Bedroom
Living room

Land

Lot Features
Frontage
33 ft ,4 in
Land Depth
100 ft
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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MARK MALINOWSKI