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5023 Kitchener Street in Niagara Falls for sale

Asking price
$499,000
Estimate (Jul 24)
$494,386
MLS #:
X12305240
Type:
Duplex, 2-Storey
Approx. SQFT:
1500-2000
Basement:
Sep Entrance, Apartment
3+1 3+1
1 33.4 x 100 ft lot

Listed by Right At Home Realty.

5023 Kitchener Street is a Duplex, 2-Storey and is currently for Sale @ $499,000. Taxes in 2025 were $2,752.85.

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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. The 2-Storey on 5023 Kitchener Street has 3 bedrooms, 3 bathrooms, and is located on a 100 x 33.4 ft lot in the community of Clifton Hill . 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!

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The address 5023 Kitchener Street was listed for sale (MLS# X12305240) on Thursday, July 24, 2025.

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  • Date Listed: Thursday, July 24, 2025
  • Listing Brokerage: Right At Home Realty - Disclaimer: The information contained in this listing has not been verified by Right At Home Realty and should be verified by the buyer.
  • City: Niagara Falls

    More 3 bedrooms homes for sale in Niagara Falls

  • Neighbourhood: Clifton Hill
  • Major Intersection: Victoria Ave & Kitchener
  • Full Address: 5023 Kitchener Street, Niagara Falls, L2G 1A9, Canada, ON, Canada
  • Living Room:
  • Kitchen:
  • Kitchen:
  • Living Room:
  • Kitchen:
  • Living Room:
  • Amenities:
  • Taxes: $2,752.85 (2025)
Living12 x 430 ft5160 sq ft
Kitchen15 x 11 ft165 sq ft
Br12 x 9 ft108 sq ft
2nd Br10 x 9 ft90 sq ft
Bathroom8 x 5 ft40 sq ft
Laundry9 x 11 ft99 sq ft
Kitchen16 x 12 ft192 sq ft
Br13 x 10 ft130 sq ft
Living13 x 12 ft156 sq ft
Bathroom9 x 7 ft63 sq ft
Kitchen10 x 14 ft140 sq ft
Br9 x 10 ft90 sq ft
Living16 x 12 ft192 sq ft

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