$549,000

5359 Kitchener Street, Niagara Falls (Clifton Hill), Ontario, L2G1B6

For sale

26 days ago

$849K

5359 Kitchener Street, Niagara Falls (Clifton Hill), Ontario, L2G1B6

6 bd3 ba4 pk1,750 ft²Lot size 50 × 100 ft (5,000 sq ft)

Listed by CENTURY 21 PEOPLE'S CHOICE REALTY INC.

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

For sale

32 days ago

$649K

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

4 bd3 ba3 pk1,300 ft²Lot size 50 × 100 ft (5,000 sq ft)

Listed by CENTURY 21 PEOPLE'S CHOICE REALTY INC.

5262 KITCHENER Street, Niagara Falls (Clifton Hill), Ontario, L2G1B3

For sale

113 days ago

$699K

5262 KITCHENER Street, Niagara Falls (Clifton Hill), Ontario, L2G1B3

4 bd3 ba7 pk1,300 ft²Lot size 50 × 100 ft (5,020 sq ft)

Listed by REAL HOME CANADA REALTY INC.

5241 Kitchener Street, Niagara Falls (Clifton Hill), Ontario, L2G1B4

For sale

183 days ago

$730K

5241 Kitchener Street, Niagara Falls (Clifton Hill), Ontario, L2G1B4

7 bd5 ba2 pkLot size 50 × 100 ft (5,000 sq ft)

Listed by BAY STREET GROUP INC.

Investment analysis

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$549,000

Niagara Falls

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5429 Second Avenue, Niagara Falls (Clifton Hill) - Single Family for Sale

5429 Second Avenue, Niagara Falls (Clifton Hill), Ontario, L2G3M1

3 beds1 bath1 parking1,300 ft²25 × 50 ft (1,250 sq ft) lot sizeListed 28 days ago

Overview

This 3-bedroom, 1-bathroom home in Niagara Falls is for sale offering roughly 1,300 sq ft of space. Listed at $549,000, it is attractively priced about 21% below the $699,000 median asking price in Niagara Falls. It has been on the market 28 days, fresher than the Niagara Falls average of 85 days.

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Description

Turnkey property in the heart of Niagara Falls! This fully detached, 3-bedroom, 1-bathroom home in an exceptional Niagara Falls location, just a short walk to Clifton Hill and Niagara Falls! Situated on a quiet street with no through traffic in one of the region's most popular tourist destinations, this fully furnished, move-in-ready property offers an excellent turnkey investment opportunity. The spacious layout is filled with natural light and provides comfortable living areas, while the low-maintenance property makes ownership easy. With its prime location, fully furnished setup and close proximity to major attractions, restaurants and entertainment, this property offers excellent flexibility for investors looking to add to their portfolio or for anyone looking to enjoy a vibrant lifestyle close to all the action. (id:66096)

Property Details

MLS®: X13871470
Property Type: Single Family
Zoning: DTC
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 1,300 ft²
Lot Size: 25 × 50 ft (1,250 sq ft)
Frontage: 25 ft
Storeys: 2
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $2,116.15/yr
Listed: 28 days ago

Rooms

Main level

Kitchen: 4.09 x 2.69 meters
Living room: 5.26 x 3.68 meters
Dining room: 3.33 x 3.28 meters

Second level

Primary Bedroom: 4.19 x 3.25 meters
Bedroom: 2.54 x 3.86 meters
Bedroom: 2.54 x 3.96 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, Stove, Dryer, Furniture, Water Heater
Foundation: Stone
Exterior: Stucco

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

28d

Niagara Falls (Clifton Hill) listings, avg age

85d

Price / ft²

$422

List price

$549K

Haho

This 3-bed single family in Niagara Falls (Clifton Hill) has been listed for 28 days, which is 57 days fresher than the city average of 85. Act while there is still low competition.

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Listed by RE/MAX ESCARPMENT REALTY INC. · LISA ANNE BAXTER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L2G)

This home lists at $549,000, about 8.0× the local median household income of $69,000.

Carrying it typically needs a household income of about $107,239 (20% down, 25-yr amortization, stress-tested) — roughly 55% 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)

$549,000· $422/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,900.00

Min 5.45%50%

Mortgage payment$2,878/mo

↳ CMHC premium ($20,764 capitalized)

Property tax (est.)$176/mo

Total monthly$3,054

Cash Needed to Close

Down payment (5.45%)$29,900

Land transfer tax$7,455

Est. closing costs$4,147

Total cash needed$41,502

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