$600,000
For sale: Detached

EXCEPTIONAL OPPORTUNITY!! RARE 80' DOUBLE LOT | R5A ZONING | POOL | GARAGE | DEVELOPMENT POTENTIAL. Situated on a rare 80' x 147' double lot with desirable R5A zoning, 5904 Prospect Street offers the perfect combination of character, lifestyle, investment potential, and future redevelopment possibilities.This beautifully maintained century home features 3 bedrooms, 2 bathrooms, spacious principal rooms filled with natural light, and an updated kitchen complete with quartz countertops. Thoughtful improvements provide modern comfort while preserving the timeless character that makes century homes so appealing.Step outside to your own private backyard oasis featuring a swimming pool, hot tub, mature landscaping, and multiple entertaining areas designed for relaxing or hosting family and friends. A detached garage and parking for up to seven vehicles add exceptional convenience.What truly sets this property apart is its long-term potential. The expansive double lot and sought-after zoning create opportunities rarely available this close to Niagara Falls' vibrant core. Whether you're looking for a family home with room to grow, an income-generating investment, land for future development (subject to municipal approvals), or simply a property with exceptional appreciation potential, this offering checks every box.Ideally located just minutes from the Niagara Falls tourist district, GO Transit, shopping, restaurants, schools, parks, and major highways, this is a property that offers immediate enjoyment today while positioning you for tomorrow.A rare combination of land, location, lifestyle, and future opportunity-5904 Prospect Street is more than a home; it's an investment in what's next. Some interior photos virtually staged.
Sold data
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 32 days.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.
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
Niagara Falls (Hospital) 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.
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