5023 Kitchener Street, Niagara Falls, ON
Property no longer active
This property was sold on November 13, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of 214 - Clifton Hill. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $499,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 33.4 x 100 ft lot
- Features a separate entrance, apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- Efficient forced air heating via gas
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.
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Property Summary
This duplex located at 5023 Kitchener Street, Niagara Falls is currently for sale and has been available on SousaSells for 255 days. This property is listed at $499,000 with an estimated mortgage of $1,661* per month. It has 4 beds, 3 bathrooms, and is 1500-2000 square feet. 5023 Kitchener Street, Niagara Falls is in the 214 - Clifton Hill neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 5023 Kitchener Street, Niagara Falls, ON L2G 1A9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Niagara Falls, ON
For a property listed at $499,000 in Niagara Falls, the legal minimum down payment is $24,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,455 for this transaction. As this listing is in Niagara Falls (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.