5856-5860 FERRY STREET, Niagara Falls (Dorchester)

$1,299,888

For sale: Other

Other at 5856-5860 FERRY STREET, Niagara Falls (Dorchester)
Property type
Commercial Retail
MLS®
MLS® X13720810
Neighbourhood
216 - Dorchester

Unlock The Potential Of A Four-Unit Mixed-Use Well Maintain Investment In One Of Niagara Falls' Most Active Commercial Corridors, Just Minutes From Clifton Hill, The Falls, Fallsview Casino, Major Hotels, Restaurants And Entertainment. Featuring Two Main-Floor Commercial Storefronts And Two Residential Apartments Above, Frontage Provides Excellent Exposure And Visibility For Commercial Tenants, 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. Located Minutes From Niagara Falls' Major Tourism And Entertainment District, This Is An Opportunity To Acquire A Versatile Mixed-Use Asset With Existing Income And Further Lease-Up Potential. May Also Be Purchased Together With Adjacent 5848-5850 Ferry Street, Creating A Rare Six-Unit Mixed-Use Investment Portfolio.

Sold data

Homes in Niagara Falls (Dorchester) — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.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

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 (Dorchester)

Niagara Falls (Dorchester) 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 (Dorchester)

  • 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 5856-5860 FERRY STREET