4497 QUEEN STREET, Niagara Falls (Downtown)
$1,098,000
For sale: Other
- Property type
- Commercial Retail
- MLS®
- MLS® X13602596
- Neighbourhood
- 210 - Downtown
Exceptional mixed-use investment opportunity in the heart of Downtown Niagara Falls. Fully renovated two-storey building offering approximately 6,800 sq. ft., including 4,400 sq. ft. of commercial space and 2,400 sq. ft. of residential space, plus a full basement. The main floor features AAA commercial tenants with long-term leases, providing stable income. The second floor offers three fully renovated and furnished apartments (2 one-bedroom and 1 two-bedroom),ideal for Airbnb or long-term rentals. Prime location just steps from Niagara University, City Hall, the train station, restaurants, and major tourist attractions, with excellent pedestrian traffic. Zoned CB (Central Business), offering outstanding investment and redevelopment potential. New appraisal available. Priced below appraised value with a strong cap rate.
Sold data
Homes in Niagara Falls (Downtown) — recent sold market
Homes in Niagara Falls (Downtown) took a median of 31 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 56, across 307 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.
The median sale price was $599,000.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 31% of sellers reduced their price before finding a buyer.
- Median days to sell
- 31
- Median sale price
- $599,000
- Sale-to-list ratio
- 96.8%
- Sold above asking
- 13%
Based on 307 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Niagara Falls (Downtown)
Niagara Falls (Downtown) has 31 Fraser Institute–rated schools (26 elementary and 5 secondary), averaging 7.6/10.
- Rated schools
- 31
- Elementary
- 26
- Secondary
- 5
- Average rating
- 7.6 / 10
Top-rated schools in Niagara Falls (Downtown)
- Kate S Durdan — elementary, Niagara FallsFraser rating 10.0/10
- Father Hennepin — elementary, Niagara FallsFraser rating 9.9/10
- St Vincent de Paul — elementary, Niagara FallsFraser rating 9.9/10
- Orchard Park — elementary, Niagara FallsFraser rating 9.8/10
- Simcoe Street — elementary, Niagara FallsFraser rating 9.4/10
- Heximer Avenue — elementary, Niagara FallsFraser rating 9.3/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 4497 QUEEN STREET
$1,299,900
Other1433 PELHAM STREET, 662 - Fonthill, Pelham
$1,101,475
Apartment221,400–1,599 sqft102 - 2 ARBOURVALE COMMON, 461 - Glendale/Glenridge, St. Catharines
$1,180,000
Detached321,500–2,000 sqft681 WARNER ROAD, 105 - St. Davids, Niagara-on-the-Lake
$999,500
Vacant Land2567 STEVENSVILLE ROAD, 328 - Stevensville, Fort Erie
$999,900
Detached5+221,100–1,500 sqft6737 CULP STREET, 216 - Dorchester, Niagara Falls
$1,147,500
Detached221,100–1,500 sqft39 PLATOFF STREET, 101 - Town, Niagara-on-the-Lake
$1,099,000
Detached321,500–2,000 sqft336 SUGARLOAF STREET, 878 - Sugarloaf, Port Colborne
$995,000
Vacant Land1468 PETTIT ROAD, 331 - Bowen, Fort Erie