5073 Kitchener Street, Niagara Falls

$675,000
5073 Kitchener Street

$675,000

New
99d
Detached2-Storey

5073 Kitchener Street, Niagara Falls

Total Monthly Obligation $3,260

HausQ Valuation Report
Beds
3
Baths
2
Park
2
Sqft
700-1100
DOM
99d
Score
17
Yield
3.8%
Cash on Cash
-6.3%
Cap Rate
3.2%
5Y IRR
10.6%
10Y IRR
10.7%
Property Type-Detached
MLS® Number-X13586272
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-25 × 100 ft
Listed on site-Jul 16, 2026
Style-2-Storey
Building Type-Detached
Taxes-$1,949.94 (2025)
Parking-2 - None
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-CITYSCAPE REAL ESTATE LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Unknown
Foundation-Unknown
Sewer-Sewer
Possession-Immediate
Neighbourhood-214 - Clifton Hill
Title-Residential Freehold

No agent assigned

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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%
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$
$
(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$540,000
Land Transfer Taxes$9,975
Legal Fees (Est.)
$
Total cash required for closing$146,475

Total Monthly Obligation

$3,260/mo
Mortgage $2,723
Monthly Loss $2,544
Principal$716
Interest$2,006
Property Tax$162
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.9%1
5-Year IRR
7.0%18
10-Year IRR
8.3%
Returns Index
10.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$25,956/yr
NOI
$16,910/yr
Net Cash Flow
-$1,314/mo
Cash Margin
-60.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
24.2/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 5073 Kitchener Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.