5637 MAIN STREET, Niagara Falls (Hospital)

$599,900

For sale: Other

Other at 5637 MAIN STREET, Niagara Falls (Hospital)
Property type
Office
MLS®
MLS® X13441356
Neighbourhood
215 - Hospital

Great, long-term investment opportunity located in Niagara Falls, right near the Greater Niagara General Hospital and across from Wellness Suites Niagara. Approx. 1,800 sq. ft. two-storey, free-standing commercial property. This income producing building is currently fully occupied by a professional Tenant with a triple-net lease in place. Building is mostly finished office space with main floor consisting of reception area, one 2-piece washroom, open area and one office, second floor features kitchenette, one 3-piece washroom and several offices. Central air and forced air gas heat throughout. Property has plenty of on-site parking. Located close to all amenities, public transit and easy access to Highway 420. Excellent opportunity to invest with instant income now and many opportunities in the future.

Sold data

Homes in Hospital — recent sold market

Homes in Hospital took a median of 26 days to sell over the last 365 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 71, across 44 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 32 days.

The median sale price was $499,900.

Homes sold for about 5.0% below asking on average, so there was room to negotiate.

About 9% of sales closed above the list price.

Around 16% of sellers reduced their price before finding a buyer.

Median days to sell
27
Median sale price
$499,900
Sale-to-list ratio
95.0%
Sold above asking
9%

Based on 44 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

Schools in Niagara Falls (Hospital)

Niagara Falls (Hospital) 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 (Hospital)

  • 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 5637 MAIN STREET