Aloysius Okafor
Sales Representative
CENTURY 21 Paramount Realty Inc., Brokerage
Independently owned and operated.
8550 Torbram Rd Unit 4, Brampton, Ontario L6T5C8
Cell: 647-890-0712Office: 905-799-7000Fax: 905-799-7001
$499,000
Available - For Sale
Listing ID: X12305240
5023 Kitchener Stre , Niagara Falls, L2G 1A9, Niagara
| 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! |
| Price | $499,000 |
| Taxes: | $2752.85 |
| Assessment Year: | 2025 |
| Occupancy: | Vacant |
| Address: | 5023 Kitchener Stre , Niagara Falls, L2G 1A9, Niagara |
| Directions/Cross Streets: | Victoria Ave & Kitchener |
| Rooms: | 10 |
| Bedrooms: | 3 |
| Bedrooms +: | 1 |
| Family Room: | F |
| Basement: | Separate Ent, Apartment |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Living Ro | 12.07 | 429.68 | |
| Room 2 | Main | Kitchen | 14.83 | 10.99 | |
| Room 3 | Main | Bedroom | 11.74 | 9.41 | |
| Room 4 | Main | Bedroom 2 | 9.74 | 8.82 | |
| Room 5 | Main | Bathroom | 8.4 | 5.05 | |
| Room 6 | Main | Laundry | 8.66 | 11.32 | |
| Room 7 | Second | Kitchen | 15.97 | 12.5 | |
| Room 8 | Second | Bedroom | 12.82 | 10.14 | |
| Room 9 | Second | Living Ro | 13.48 | 11.81 | |
| Room 10 | Second | Bathroom | 8.56 | 7.05 | |
| Room 11 | Basement | Kitchen | 10 | 13.97 | |
| Room 12 | Basement | Bedroom | 9.32 | 10 | |
| Room 13 | Basement | Living Ro | 15.97 | 12.3 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 3 | Second |
| Washroom Type 3 | 3 | Basement |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Duplex |
| Style: | 2-Storey |
| Exterior: | Aluminum Siding |
| Garage Type: | Detached |
| Drive Parking Spaces: | 4 |
| Pool: | None |
| Approximatly Square Footage: | 1500-2000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| RIGHT AT HOME REALTY |
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Aloysius Okafor
Sales Representative
Dir:
647-890-0712
Bus:
905-799-7000
Fax:
905-799-7001
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Duplex |
| Area: | Niagara |
| Municipality: | Niagara Falls |
| Neighbourhood: | 214 - Clifton Hill |
| Style: | 2-Storey |
| Tax: | $2,752.85 |
| Beds: | 3+1 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
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