5904 PROSPECT STREET, Niagara Falls (Hospital)

$643,000

For sale: Detached

Detached at 5904 PROSPECT STREET, Niagara Falls (Hospital)
Property type
Detached
Bedrooms / bathrooms
3 bedrooms, 2 bathrooms
Living area
1,500 sqft
MLS®
MLS® X13568644
Neighbourhood
215 - Hospital

RARE 80' DOUBLE LOT | R5A ZONING | POOL | GARAGE | DEVELOPMENT POTENTIALExceptional opportunities like this are increasingly hard to find. 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

Detached homes in Niagara Falls (Hospital) — recent sold market

Detached homes in Niagara Falls (Hospital) took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 52, across 242 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 49 days.

The median sale price was $624,900.

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 33% of sellers reduced their price before finding a buyer.

Median days to sell
30
Median sale price
$624,900
Sale-to-list ratio
96.8%
Sold above asking
13%

Based on 242 recorded sales in the last 90 days. 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 5904 PROSPECT STREET