4507 QUEEN STREET, Niagara Falls (Downtown)

$1,498,000

For sale: Other

Other at 4507 QUEEN STREET, Niagara Falls (Downtown)
Property type
Commercial Retail
MLS®
MLS® X13602146
Neighbourhood
210 - Downtown

Exceptional value-add mixed-use investment in the heart of Downtown Niagara Falls. This fully renovated property offers over 8,000 sq. ft. on two levels plus a full basement, featuring 2commercial units (1 leased, 1 vacant) and 7 fully furnished residential units, ideal for short-term (Airbnb) or long-term rentals. Located in the CB (Central Business) zone, just steps from Niagara University, City Hall, transit, restaurants, and major tourist attractions, ensuring excellent pedestrian traffic and rental demand. Strong cash flow, high cap rate, and significant upside with vacant commercial space. New appraisal available. Offered well below appraised value, making this one of the best investment opportunities in Niagara Falls.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.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 4507 QUEEN STREET