$410,000
$499,000
17.8%For more information regarding the value of a property, please contact us for a free consultation.
5023 Kitchener ST Niagara Falls, ON L2G 1A9
4 Beds
3 Baths
Key Details
Sold Price $410,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 214 - Clifton Hill
MLS Listing ID X12511090
Style 2-Storey
Bedrooms 4
Annual Tax Amount $2,752
Tax Year 2025
Property Sub-Type Duplex
Appx SqFt 1500-2000
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.
Location
Province ON
County Niagara
Community 214 - Clifton Hill
Area Niagara
Zoning DTC
Rooms
Family Room No
Kitchen 3
Interior
Cooling None
Exterior
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Building
Foundation Concrete Block
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