$749,900
For sale: Detached

Location is the key word. A good investment for the right person with the right ideas. So many opportunities for this central business commercial zoned property (CB2). See attachment for permitted uses. In addition to commercial business potential, there is possibility for severance and another structure to be built with access to the property from Queen Street or Valley Way. Buyer to do their own due diligence with City of Niagara Falls for permitted uses.
Sold data
Homes in Downtown took a median of 38 days to sell over the last 365 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 72, across 69 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 70 days.
The median sale price was $415,000.
Homes sold for about 5.2% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 33% of sellers reduced their price before finding a buyer.
Based on 69 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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