5241 Kitchener Street, Niagara Falls, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 214 - Clifton Hill. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $699,900 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.
- 7 Bedrooms and 5 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 50 x 100 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Carpet Free, Sump Pump
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 5241 Kitchener St, ideally located in the heart of Niagara Falls, just walking distance to the Falls and the vibrant tourist district. Recently renovated from top to bottom, this unique property offers exceptional flexibility for families, investors, or short-term rental opportunities with desirable TC zoning.Featuring 7 bedrooms and 5 bathrooms in total, the spacious layout is designed for comfortable multi-generational living or income potential. The main floor offers 3 bedrooms, including a private ensuite, an additional full bathroom, and a versatile room currently used as a kids' playroom. The modern full-size kitchen is finished with quartz countertops and ample space for entertaining.The second floor includes 2 bright bedrooms, a full bathroom, and an extra living area with TV space - perfect for extended family or guests. The basement features a separate entrance, 2 bedrooms with 2 ensuite bathrooms, and excellent in-law suite potential.A fantastic opportunity for first-time buyers to offset mortgage costs by renting part of the home, or for investors seeking strong income potential in a prime tourism location. Furniture is negotiable. Conveniently located close to schools, shopping centres, and easy QEW access
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Carpet Free, Sump Pump
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Pricing & Value Insights
Data-driven valuation for 5241 Kitchener Street, Niagara Falls, ON L2G 1B4
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About Purchasing a Home in Niagara Falls, ON
For a property listed at $699,900 in Niagara Falls, the legal minimum down payment is $44,990 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 $10,473 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 $10,473.
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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.