Home with brick exterior material, street for 5866 Valley Way, Niagara Falls Ontario L2E 1Y1
21 days on Market

5866 Valley Way, Niagara Falls, Ontario L2E 1Y1

Detached
3 + 3
4
~700-1100 sqft
$730,000
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Detached
3 + 3
4
~700-1100 sqft

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Highlights

Property Estimate

Days on market21 days

Estimated valueNot available

Price/Sqft$853/sqft

Monthly cost

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Description

Welcome to 5866 Valley Way, Niagara Falls - a rare Live & Earn opportunity in one of Niagara's most desirable and convenient locations! Whether you're a first-time home buyer, growing family, savvy investor, or someone looking to offset mortgage costs with rental income, this beautiful all-brick bungalow offers exceptional flexibility and value.Situated on an impressive 71-foot frontage lot, this unique property features 3 self-contained units, making it an outstanding income-generating investment. Live comfortably in the main-level residence while earning rental income from the lower units, or maximize cash flow by renting all three units. The home features a practical and versatile layout that is rarely available in today's market.The bright and spacious main floor offers over 1,000 sq. ft. of living space with modern finishes throughout, while the lower level boasts two separate units with private entrances. One lower unit is a legal 2-bedroom apartment, and the second 1+1 bedroom unit has permit documentation available. Each level is equipped with its own kitchen and laundry facilities, providing convenience and privacy for occupants. This carpet-free home features pot lights throughout, fresh paint, modern finishes, abundant natural light, and an upgraded 200-amp electrical panel. The extra-long private driveway accommodates up to 5 vehicles, making parking effortless for residents and guests alike. Perfectly located just minutes from Niagara Falls' world-famous attractions, tourist district, casinos, restaurants, shopping, hospitals, schools, parks, GO Transit, and major highways, this property offers the ideal combination of lifestyle and investment potential.Whether you're looking to live in one unit and generate additional income or add a strong cash-flowing asset to your portfolio, 5866 Valley Way is a truly worthwhile investment and an opportunity not to be missed!


Property Details

StyleBungalow
View-
Age of property-
SqFt~700-1100 SqFt
Lot Size5,340 SqFt(75 x 71.2)
Parking Spaces5
MLS ®NumberX13468336
Community NameDrummond / Victoria
Data SourceTRREB
Listing byZOWN REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment

Main Floor

Living

6.7 x 3.51

Laminate / Combined W/Dining / Pot Lights

Dining

6.7 x 3.51

Laminate / Combined W/Living / Window

Kitchen

7.89 x 2.37

Ceramic Floor / W/O To Deck / Stainless Steel Appl

Primary

3.42 x 3.38

Laminate / Closet / Window


Features

Lot size: 5,340 SqFt

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 4

Total parking spaces 5


Property listed by ZOWN REALTY INC., Brokerage
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Market Data - Drummond / Victoria

Geo Zone Map ThumbnailDrummond / Victoria

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

40 days

Compared to

2025

49 days

2024

34 days

2023

39 days

New Listings

Past 30 days

38 listings

Compared to

2025

59 listings

2024

48 listings

2023

50 listings

Units sold

Past 30 days

12 units

Compared to

2025

21 units

2024

28 units

2023

20 units

Median Sold Price

Past 30 days

$591,000

Compared to

2025

$550,000

2024

$557,500

2023

$557,500


Population and Demographics

Overview

Total population 19892
Average household income $83,057

Age (%)

0 to 19
18%
20 to 34
21%
35 to 49
18%
50 to 64
21%
65 and plus
22%

Household composition (%)

Single family
55%
Single person
37%
Multi person
7%
Multi family
1%

Mother tongue (%)

English
81%
Others
4%
Italian
3%
Tagalog (Pilipino, Filipino)
3%
French
2%
Punjabi (Panjabi)
2%
Spanish
2%

House tenancy (%)

Owners
56%
Renters
44%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget