$199,900
For sale: Vacant Land

Build-ready R2 lot with 3-unit potential in downtown Niagara Falls. Rare 40 x 100 ft infill lot steps from the GO Station, Victoria Ave, and River Road. Zoned R2 with strong potential for up to 3 residential units. Municipal water and sanitary sewer confirmed on street (laterals by buyer). Hydro and gas available. Flat, cleared envelope with existing detached garage. Includes conceptual front elevation and 3-unit design package to jump-start your project. Minutes to the tourist core, Queen St, and QEW. Immediate possession. Buyer to verify all zoning, servicing, and approvals. Renderings for illustration only.
Sold data
Homes in Downtown took a median of 38 days to sell over the last 365 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 74, across 72 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 74 days.
The median sale price was $419,950.
Homes sold for about 5.0% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 35% of sellers reduced their price before finding a buyer.
Based on 72 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Niagara Falls (Downtown) has 31 Fraser Institute–rated schools (26 elementary and 5 secondary), averaging 7.6/10.
School ratings from the Fraser Institute's Ontario school report cards.
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