5359 Kitchener Street, Niagara Falls

$849,000
5359 Kitchener Street

$849,000

New
14d
Detached2-Storey

5359 Kitchener Street, Niagara Falls

Total Monthly Obligation $4,011

HausQ Valuation Report
Beds
6
Baths
3
Park
4
Sqft
1500-2000
DOM
14d
Score
18
Yield
4.4%
Cash on Cash
-3.8%
Cap Rate
3.8%
5Y IRR
12.6%
10Y IRR
12.2%
Property Type-Detached
MLS® Number-X13883568
Beds-6
Bathrooms-3
Size-1500-2000 sqft
Lot Size-50 × 100 ft
Listed on site-Oct 9, 2026
Style-2-Storey
Building Type-Detached
Taxes-$2,535.96 (2025)
Parking-4 - None
Basement-Apartment, Finished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Aluminum Siding
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-Imme/Flex
Neighbourhood-214 - Clifton Hill
Title-Residential Freehold

No agent assigned

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.

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

Closing Costs

Mortgage Amount
$679,200
Land Transfer Taxes$13,455
Legal Fees (Est.)
$
Total cash required for closing$184,755

Total Monthly Obligation

$4,011/mo
Mortgage $3,425
Monthly Loss $3,110
Principal$901
Interest$2,523
Property Tax$211
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.1%1
5-Year IRR
9.2%30
10-Year IRR
9.9%
Returns Index
16.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$37,128/yr
NOI
$26,379/yr
Net Cash Flow
-$1,226/mo
Cash Margin
-39.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
21.5/ 100

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

Comparables

Properties near 5359 Kitchener Street

Time

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