HN
5241 Kitchener Street, Niagara Falls, ON L2G 1B4, Niagara Falls, ON
+19 photos
$729,900

5241 Kitchener Street, Niagara Falls, ON L2G 1B4, Niagara Falls, ON

Niagara Falls, ON L2G 1B4
7 beds 5 baths Detached

About this home

\Welcome to 5241 Kitchener St, located in the heart of Niagara Falls, walking distance to the falls and Tourist Area. This unique house renovated recently, updated from top to the bottom. TC Zoning. Seven bedrooms Five bathrooms in total, First Floor: 3 bedrooms one en-suite bathroom one bathroom, one bedroom set up as kid playing room now. Full size kitchen, Quartz countertop. Second floor: 2 bedrooms, 1 bathroom, extra living room with TV. Basement 2 bedrooms, 2 ensuite bathrooms. Separate entrance have potential of in-law suite. Zoning is TC.Good for the first home buyer to rent out part of the house to cover the mortgage, also good for the investor. Furnitures are negotiable. Easy to reach School, QEW and Shopping Centre.

Property Score

65/ 100
Overall Property Score
good

A blend of both buyer and investor metrics.

Score breakdown
Walkability
55/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
55/100good
GO Transit, LRT, and bus access from this neighborhood.
Schools
70/100great
Based on local school rankings (Fraser Institute proxy).
Affordability
107% of city avggood
Priced above Niagara Falls's average of $685,000.
Appreciation Trend
+1.4%/yrgood
Niagara Falls has seen +1.4% YoY price change.
Monthly Cash Flow
-$517/mofair
Estimated -$517/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
4.76%excellent
Net operating income divided by purchase price.
Basement Suite Potential
+$1,380/moexcellent
Existing/legal suite estimated at $1,380/mo additional income.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X13087194
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.

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