A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 4983 River Rd, Niagara Falls Ontario L2E 3G6
Re-listed 3 days ago

4983 River Rd, Niagara Falls, Ontario L2E 3G6

Detached
7
8
~5000 + sqft
$2,399,000
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Detached
7
8
~5000 + sqft

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Highlights

Property Estimate

Days on market3 days

Total days on market
191 days

Estimated valueNot available

Price/Sqft$240/sqft

Monthly cost

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Description

Iconic bed & breakfast in Niagara Falls, featured as a landmark in local tourism media. Overlooking the stunning Niagara River Gorge, this property is just a 10-minute scenic walk along the river to the Falls. The dedicated WEGO B&B bus stop is right at the doorstep, offering unmatched convenience for guests. Offering over 5,451 sq ft above-ground living space, the property includes 7 bedrooms and 8 washrooms, smartly divided into three self-contained sections, each with its own entrance. Left wing: Charming Victorian-style suite with four ensuite guest rooms, each featuring a balcony. Right wing: A 1998 three-storey modern addition with soaring ceilings and flexible layout. Basement: A spacious one-bedroom apartment with its own kitchen and bathroom. The configuration is ideal for short-term rental, while still allowing the owner to maintain privacy and enjoy this exceptional location. This property must be sold together with 4305 Bampfield Street, Niagara Falls.


Property Details

Style3-Storey
View-
Age of property-
SqFt~5000 + SqFt
Lot Size24,191 SqFt(196.2 x 123.3)
Parking Spaces8
MLS ®NumberX12589280
Community NameElgin
Data SourceTRREB
Listing byBAY STREET GROUP INC.

Features

Heating: Radiant
Cooling: Window Unit
Fireplace
Basement: Part Fin, Sep Entrance

Main Floor

Living

6.7 x 5.5

Dining

4.0 x 4.0

Sunroom

6.7 x 5.0

Bathroom

3.3 x 1.6


Features

Lot size: 24,191 SqFt
Pool: Inground

Parking

Garage spaces -

Garage type -

Total parking spaces 8


Property listed by BAY STREET GROUP INC., Brokerage
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Market Data - Elgin

Geo Zone Map ThumbnailElgin

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

32 days

Compared to

2024

41 days

2023

56 days

2022

19 days

New Listings

Past 30 days

20 listings

Compared to

2024

31 listings

2023

27 listings

2022

26 listings

Units sold

Past 30 days

11 units

Compared to

2024

13 units

2023

9 units

2022

9 units

Median Sold Price

Past 30 days

$390,000

Compared to

2024

$464,000

2023

$475,000

2022

$545,000


Population and Demographics

Overview

Total population 9664
Average household income $80,133

Age (%)

0 to 19
17%
20 to 34
20%
35 to 49
18%
50 to 64
23%
65 and plus
22%

Household composition (%)

Single family
49%
Single person
43%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
86%
Others
6%
Italian
3%
French
2%
Spanish
2%

House tenancy (%)

Owners
54%
Renters
46%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget