Unknown for 5023 Kitchener St, Niagara Falls Ontario L2G 1A9
1 day on Market

5023 Kitchener St, Niagara Falls, Ontario L2G 1A9

Townhouse
3 + 1
3
~1500-2000 sqft
$499,000
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Townhouse
3 + 1
3
~1500-2000 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$291/sqft

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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!


Property Details

Style2-Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size3,340 SqFt(100 x 33.4)
Parking Spaces5
MLS ®NumberX12305240
Community NameDrummond / Victoria
Data SourceTRREB
Listing byRIGHT AT HOME REALTY

Features

Heating: Forced Air
Basement: Sep Entrance, Apartment

Bsmt Floor

Br

2.84 x 3.048

Living

4.87 x 3.75

Kitchen

3.048 x 4.26


Features

Lot size: 3,340 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 4

Total parking spaces 5


Property History

Jul 24, 2025
ListedActive
$499,000
1 day on market
history photo preview44
Listing by trreb®
Property listed by RIGHT AT HOME REALTY, Brokerage
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Market Data - Drummond / Victoria

Geo Zone Map ThumbnailDrummond / Victoria

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

27 days

Compared to

2024

20 days

2023

54 days

2022

58 days

New Listings

Past 30 days

8 listings

Compared to

2024

7 listings

2023

7 listings

2022

6 listings

Units sold

Past 30 days

3 units

Compared to

2024

1 unit

2023

1 unit

2022

1 unit

Median Sold Price

Past 30 days

$660,000

Compared to

2024

$655,000

2023

$680,000

2022

$795,000


Population and Demographics

Overview

Total population 19892
Average household income $83,057

Age (%)

0 to 19
18%
20 to 34
21%
35 to 49
18%
50 to 64
21%
65 and plus
22%

Household composition (%)

Single family
55%
Single person
37%
Multi person
7%
Multi family
1%

Mother tongue (%)

English
81%
Others
4%
Italian
3%
Tagalog (Pilipino, Filipino)
3%
French
2%
Punjabi (Panjabi)
2%
Spanish
2%

House tenancy (%)

Owners
56%
Renters
44%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget