5002 VICTORIA AVENUE, Niagara Falls (Downtown)

$649,000

For sale: Other

Other at 5002 VICTORIA AVENUE, Niagara Falls (Downtown)
Property type
Store W Apt/Office
MLS®
MLS® X13588820
Neighbourhood
210 - Downtown

Sale of Building. Motivated Sellers! Attention Investors! Fantastic Opportunity To Own A TurnKey Mixed Use Commercial Building In The Heart Of Niagara Falls Tourist District With GC Zoning. The Building Offers A Wonderful Ground Floor Retail Space Along With 3 Separate One Bedroom Apartment Units, Each With Their Own Kitchen & Bathrooms. Retail Space & 3 Apartment Units Offer Great Rental Income For Long Term Lease Or Year Round Airbnb Opportunities That Can Offer A Cash Flow Positive Investment. All Units Have Been Recently Renovated & Have Hydro Metered Separately. Current Lease In Place For Roof Signage Company For Additional Income. Conveniently Located Close To The Falls, Clifton Hill Tourist Area, Casino, Restaurants &Entertainment, University of Niagara Falls Canada. Easy Access To QEW Highway & Walking Distance To Niagara Falls GO Station. Schedule A Showing Today!

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.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 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 5002 VICTORIA AVENUE