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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$348,888
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
PRICE UPDATED! Welcome to 5145 Kitchener Street, a versatile 2-unit home ideally situated in the heart of Niagara Falls with desirable DTC zoning. Just steps from Clifton Hill, Niagara Falls, Fallsviews Casino, Casino Niagara, the University of Niagara Falls, restaurants, parks, and transit, this property offers exceptional convenience and walkability in one of the city's most vibrant districts. Designed for flexible living, the home features two self-contained units, each with its own entrance, kitchen, bathroom, and living area. The Front Unit includes 2 bedrooms and 1 bathroom, while the Back Unit offers 1 bedroom and 1 bathroom with private access-an excellent setup for extended family, guests, or added privacy, along with appealing future income potential. A separate entrance to the unfinished basement, abundant storage, and in-house laundry add valuable functionality and long-term upside. The property also includes parking for two vehicles, a deep backyard, and a quiet residential setting within a high-demand neighbourhood. A rare opportunity combining location, versatility, and value in the core of Niagara Falls. A must-see for buyers seeking comfort today and potential for tomorrow. (id:39198)
Location
Province
Ontario
City
Niagara Falls
Address
Kitchener
Postal Code
L2G1B1
Location Highlights
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Listed by
RE/MAX REAL ESTATE CENTRE INC. Ontario listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
0
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$348,888
Asking Price
$348,888
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
0
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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