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Listed 2 months ago

5073 Kitchener Street

214 - Clifton Hill, Niagara Falls

$675,000

Detached|2-Storey
3 | 2 | 2
About this home

Welcome to 5073 Kitchener Street - a beautifully renovated 3-bedroom, 2-bathroom detached home in the heart of Niagara Falls, just a 2-minute walk to Clifton Hill and Casino Niagara. Newly updated top to bottom, this move-in ready home features a modernized kitchen, updated flooring, renovated bathrooms, new windows, furnace, A/C, fresh paint, and new shingles (2023). The spacious eat-in kitchen walks out to a fully fenced backyard oasis with no rear neighbors - perfect for relaxing or entertaining. Front parking for two completes the package. What makes this property truly unique is its fully licensed Vacation Rental Unit (VRU) status, with a zoning amendment already in place (DTC) permitting legal short-term rentals. Whether you're looking for a beautiful home to live in, a mortgage helper, or a turnkey income-producing property - this listing checks every box. Located steps from one of Canada's most visited tourist corridors, the opportunity here is rare. Don't miss out!

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Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$1,950
Lot Size25 ft x 100 ft
mls© NumberX13586272
Listed ByCITYSCAPE REAL ESTATE LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,455
Property tax
$162
Heat allowance
$150
Housing costs
$3,767 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $135,000
25-yr amortization

Income needed

$116,000

gross annual household income

Payment at 4%
$2,841 / mo
Cash down
$135,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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