4898 VICTORIA AVENUE, Niagara Falls (Downtown)

$2,300,000

For sale: Other

Other at 4898 VICTORIA AVENUE, Niagara Falls (Downtown)
Property type
Commercial Retail
MLS®
MLS® X13792932
Neighbourhood
210 - Downtown

Located Right on Victoria Avenue Where you Can Easily Connect To The Main Attractions Of Niagara Falls is This Commercial-Residential Property, Consisting of 12 Residential Units of Which, 7 Units 2 BR., 3 Units 1 BR., 2 Studios and 2 Commercial. All Units are Presently Rented.The NOI Gives you a Satisfactory Return Cap Rate, With a Future Potential Rent Increase.The Buyer and Buyer Agent Agrees to Verify and Perform their Own " DUE DILIGENCE"

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 309 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.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 30% 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 309 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 Durdanelementary, Niagara FallsFraser rating 10.0/10
  • Father Hennepinelementary, Niagara FallsFraser rating 9.9/10
  • St Vincent de Paulelementary, Niagara FallsFraser rating 9.9/10
  • Orchard Parkelementary, Niagara FallsFraser rating 9.8/10
  • Simcoe Streetelementary, Niagara FallsFraser rating 9.4/10
  • Heximer Avenueelementary, Niagara FallsFraser rating 9.3/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 4898 VICTORIA AVENUE