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$ 499,000
Est. payment /mo
Active
5023 KITCHENER STREET Niagara Falls (clifton Hill), ON L2G1A9
4 Beds
3 Baths
1,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $332
Subdivision 214 - Clifton Hill
MLS® Listing ID X12305240
Bedrooms 4
Source Toronto Regional Real Estate Board
Property 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! (id:24570)
Location
Province ON
Rooms
Kitchen 3.0
Extra Room 1 Second level 4.87 m X 3.81 m Kitchen
Extra Room 2 Second level 3.91 m X 3.09 m Bedroom
Extra Room 3 Second level 4.11 m X 3.6 m Living room
Extra Room 4 Second level 2.61 m X 2.15 m Bathroom
Extra Room 5 Basement 3.048 m X 4.26 m Kitchen
Extra Room 6 Basement 2.84 m X 3.048 m Bedroom
Interior
Heating Forced air
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 5
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by RIGHT AT HOME REALTY, BROKERAGE