$1,138,888
For sale: Other

A Rare Opportunity To Own A Fully Renovated Mixed-Use Property In The Heart Of Niagara Falls' High-Traffic Tourism Corridor, Just Minutes From Clifton Hill, The Falls, Fallsview Casino, Major Hotels, Restaurants And Entertainment. Building renovations with high quality and modern finishes. New Windows, new plumbing, new electrical, new HVAC, Rebuilt Flat Roof And Upgraded 400-Amp Electrical Service Split Between The Commercial And Residential Components. General Commercial (GC) Zoning Allows For A Broad Range Of Permitted Uses, Providing Flexibility For Investors And Business Owners. Buyers Are Encouraged To Conduct Their Own Due Diligence Regarding Zoning, Permitted Uses And Any Future Development Potential. May Also Be Purchased Together With Adjacent 5856-5860 Ferry Street, Creating A Rare Six-Unit Mixed-Use Investment Portfolio.
Sold data
Homes in Niagara Falls (Dorchester) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.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.
Based on 307 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Niagara Falls (Dorchester) 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.
Currently for sale

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