$649,000

For sale

5001 Kitchener Street, Niagara Falls (Clifton Hill) - Single Family for Sale

5001 Kitchener Street, Niagara Falls (Clifton Hill), Ontario, L2G1A9

4 beds3 baths3 parking1,300 ft²50 × 100 ft (5,000 sq ft) lot sizeListed 32 days ago

Overview

This 4-bedroom, 3-bathroom home in Niagara Falls is for sale offering roughly 1,300 sq ft of space. Listed at $649,000, it is attractively priced about 7% below the $699,000 median asking price in Niagara Falls. It has been on the market 32 days, fresher than the Niagara Falls average of 85 days.

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Description

UNRIVALED NIAGARA INVESTMENT. Located just a short walk from Clifton Hill and Niagara's world-famous entertainment district. This detached 4-bed, 3-bath gem offers an unmatched trifecta of value: (1) Prime location in a high-growth, high-demand tourist hub; (2) Strategic DTC zoning providing a direct path to explore high-yield short-term rental conversion; (3) A premium 50x100ft lot backing onto serene green space, a rare combination of privacy and proximity this close to the Falls. Additionally, the 3-car parking provides a significant strategic advantage in an area where parking is at a premium. Steps to Casinos, entertainment, and the Rainbow Bridge. Whether you are seeking a trophy primary residence or a powerhouse investment asset, the lot size, location, and zoning make this a "buy and hold" unicorn. Opportunities in this specific radius are rarely relinquished. Act now. If required, Mortgage help is available, see Realtor Remarks. (id:66096)

Property Details

MLS®: X13859366
Property Type: Single Family
Zoning: Residential
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 50 × 100 ft (5,000 sq ft)
Frontage: 50 ft
Storeys: 2
Basement: Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 3.2 x 3.7 meters
Dining room: 3.2 x 4.5 meters
Kitchen: 3.15 x 3.46 meters
Foyer: 3.2 x 2.7 meters
Laundry room: 2 x 1.9 meters

Second level

Primary Bedroom: 2.9 x 3.85 meters
Bedroom 2: 2.9 x 4.4 meters
Bedroom 3: 2.5 x 3.5 meters
Bedroom 4: 2.6 x 2.4 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Garage door opener remote(s), Water Heater
Flooring: Laminate
Foundation: Concrete
Exterior: Brick, Aluminum siding
Lot Features: Flat site

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

32d

Niagara Falls (Clifton Hill) listings, avg age

85d

Price / ft²

$499

List price

$649K

Haho

This 4-bed single family in Niagara Falls (Clifton Hill) has been listed for 32 days, which is 53 days fresher than the city average of 85. Act while there is still low competition.

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Listed by CENTURY 21 PEOPLE'S CHOICE REALTY INC. · PAUL DHAND

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L2G)

This home lists at $649,000, about 9.4× the local median household income of $69,000.

Carrying it typically needs a household income of about $126,772 (20% down, 25-yr amortization, stress-tested) — roughly 84% above the area median.

Median household income: $69,000
Population: 30,344
Median age: 44.8
Owner / renter: 63% / 37%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L2G)

$649,000· $499/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $39,900

Min 6.15%50%

Mortgage payment$3,377/mo

↳ CMHC premium ($24,364 capitalized)

Property tax (est.)$274/mo

Total monthly$3,651

Cash Needed to Close

Down payment (6.15%)$39,900

Land transfer tax$9,455

Est. closing costs$4,447

Total cash needed$53,802

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