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$849,000
Niagara Falls
5359 Kitchener Street, Niagara Falls (Clifton Hill), Ontario, L2G1B6
This 6-bedroom, 3-bathroom home in Niagara Falls is for sale offering roughly 1,750 sq ft of space. It has been on the market 26 days, fresher than the Niagara Falls average of 85 days.
An exceptional opportunity to own a beautifully renovated property in one of Niagara Falls' most vibrant and PRIME Tourist Locations. Situated on a 50 x 100 ft lot and offering approximately 2,368 sq. ft. of living space, this fully upgraded residence features a functional multi-unit setup with a kitchen and full washroom on each level, upgraded 200-amp electrical service, and a professionally waterproofed basement with sump pump, complete with 2 bedrooms, a kitchen, and a full washroom. Currently operating successfully as a large VRU/Airbnb accommodation with verifiable income. Zoned Tourist Commercial (TC), the property permits a wide range of residential and commercial uses including short term rentals (VRU's), long-term rentals, bed & breakfast, hotel/motel, retail, restaurant, office, and medical services. Ideally located minutes from Niagara Falls, the entertainment district, Niagara River, U.S. border, and the University of Niagara Falls, this rare turnkey property offers exceptional versatility, strong verifiable cash flow, and outstanding long-term investment potential in a thriving tourism market. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 26 days on market, against an average age of 85 days across the listings currently for sale in this city
This 6-bed single family in Niagara Falls (Clifton Hill) has been listed for 26 days, which is 59 days fresher than the city average of 85. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $849,000, about 12.3× the local median household income of $69,000.
Carrying it typically needs a household income of about $165,839 (20% down, 25-yr amortization, stress-tested) — roughly 140% above the area median.
Source: Statistics Canada, 2021 Census (FSA L2G)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.