5060 Ontario Avenue, Niagara Falls

Price: $549,000

4 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13602196

UPDATED 3+1 BEDRMS 2 BATHRM HOME IN THE CENTRAL LOCATION OF NIAGARA FALLS. JUST AROUND THE CORNER FROM RIVER RD, WALKING DISTANCE TO GO TRAIN, SHOPS, RESTAURANTS. UPDGRADES INCLUDE: ROOF, WINDOWS, KITCHEN, BATHROOM, FLOORING, ELECTRICAL, PLUMBING, TANKLESS WATER HEATER, FRONT PORCH W/ NIGHT LIGHTS, ETC. GAS FP IN LIVRM, DINRM W/ WALKOUT TO THE NEW BACK DECK AND GOOD SIZED, FULLY FENCED BACK YARD. FINISHED BASEMENT W/BEDRM, 2ND BATHRM AND SPACIOUS REC.RM, SINGLE CAR ATTACHED GARAGE, CONCRETE DRIVEWAY AND MUCH MORE!

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$549,000 - 5060 Ontario Avenue, Niagara Falls

Detached for Sale in Niagara Falls

31 days on market

Neighbourhood: 210 - Downtown

4Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13602196
Property Type
Detached
Status
active
Days on Site
31
Bedrooms
4
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Niagara Falls
Listing Brokerage
BOLDT REALTY INC., BROKERAGE
Description

UPDATED 3+1 BEDRMS 2 BATHRM HOME IN THE CENTRAL LOCATION OF NIAGARA FALLS. JUST AROUND THE CORNER FROM RIVER RD, WALKING DISTANCE TO GO TRAIN, SHOPS, RESTAURANTS. UPDGRADES INCLUDE: ROOF, WINDOWS, KITCHEN, BATHROOM, FLOORING, ELECTRICAL, PLUMBING, TANKLESS WATER HEATER, FRONT PORCH W/ NIGHT LIGHTS, ETC. GAS FP IN LIVRM, DINRM W/ WALKOUT TO THE NEW BACK DECK AND GOOD SIZED, FULLY FENCED BACK YARD. FINISHED BASEMENT W/BEDRM, 2ND BATHRM AND SPACIOUS REC.RM, SINGLE CAR ATTACHED GARAGE, CONCRETE DRIVEWAY AND MUCH MORE!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,816.65/mo

Includes CMHC insurance ($15,317)

$
$
5%10%50%

5-yr fixed avg.

Principal: $494,100Interest: $335,579
Mortgage Amount$509,417
Total Interest$335,579
Est. Property Tax$389/mo
Total Cost$844,996

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: 210 - Downtown

Discover 210 - Downtown

210 - Downtown is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in 210 - Downtown

  • Convenient location in Niagara Falls
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

210 - Downtown offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

5060 Ontario Avenue, Niagara Falls

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
5.9%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$389
Insurance (est.)-$114
Net Cash Flow+$2,697

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $784/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 31 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Niagara Falls are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Niagara Falls. Good resale value as demand remains consistent.

About 210 - Downtown

I know 210 - Downtown well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    5060 Ontario Avenue, Niagara Falls | $549,000 | Battaglia Team