5023 Kitchener Street Niagara Falls, Ontario L2G 1A9

$499,000

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. (id:61215)

Property Details

MLS® Number	X12511090
Property Type	Multi-family
Community Name	214 - Clifton Hill
Parking Space Total	5

Building

Bathroom Total	3
Bedrooms Above Ground	3
Bedrooms Below Ground	1
Bedrooms Total	4
Basement Features	Separate Entrance, Apartment In Basement
Basement Type	N/a, N/a
Cooling Type	None
Exterior Finish	Aluminum Siding
Foundation Type	Block
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	1,500 - 2,000 Ft2
Type	Duplex
Utility Water	Municipal Water

Parking

Detached Garage
Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	100 Ft
Size Frontage	33 Ft ,4 In
Size Irregular	33.4 X 100 Ft
Size Total Text	33.4 X 100 Ft
Zoning Description	Dtc

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Kitchen	4.87 m	3.81 m	4.87 m x 3.81 m
Second Level	Bedroom	3.91 m	3.09 m	3.91 m x 3.09 m
Second Level	Living Room	4.11 m	3.6 m	4.11 m x 3.6 m
Second Level	Bathroom	2.61 m	2.15 m	2.61 m x 2.15 m
Basement	Kitchen	3.048 m	4.26 m	3.048 m x 4.26 m
Basement	Bedroom	2.84 m	3.048 m	2.84 m x 3.048 m
Basement	Living Room	4.87 m	3.75 m	4.87 m x 3.75 m
Main Level	Living Room	3.68 m	131 m	3.68 m x 131 m
Main Level	Kitchen	4.52 m	3.35 m	4.52 m x 3.35 m
Main Level	Bedroom	3.58 m	2.87 m	3.58 m x 2.87 m
Main Level	Bedroom 2	2.97 m	2.69 m	2.97 m x 2.69 m
Main Level	Bathroom	2.56 m	1.54 m	2.56 m x 1.54 m
Main Level	Bedroom 3	2.64 m	3.45 m	2.64 m x 3.45 m

https://www.realtor.ca/real-estate/29069295/5023-kitchener-street-niagara-falls-clifton-hill-214-clifton-hill