A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 5341 River Rd, Niagara Falls Ontario L2E 3G9
6 days on Market

5341 River Rd, Niagara Falls, Ontario L2E 3G9

Detached
3
4
~1500-2000 sqft
$1,289,900
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Detached
3
4
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$752/sqft

Est. Mortgage$5,540/mo

Tax Amount (2025)$5,261/yr

Days On Market6 days


Description

Only a 10-minute walk from the world-renowned Niagara Falls and top tourist attractions, this newly renovated gem (2023) sits on nearly half an acre of premium land. Recent upgrades include modern HVAC systems (new furnace and AC), new modern appliances, kitchen & baths, making it turnkey. The generous lot size and unbeatable location present exciting potential for future development, including the possibility of adding additional units. Notably, the Seller is currently in active discussions with the City of Niagara Falls regarding potential development opportunities, adding even more value to this already exceptional property. Whether you're looking for rental income, a home with a view or long-term growth, this is an opportunity you won't want to miss!


Property Details

Style2-Storey
ViewRiver
Age of property-
SqFt~1500-2000 SqFt
Lot Size21,950 SqFt(219.5 x 100)
Parking Spaces5
MLS ®NumberX12107783
Community NameElgin
Data SourceTRREB
Listing byROYAL LEPAGE NRC REALTY

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Unfinished

2nd Floor

3rd Br

4.27 x 3.53

2nd Br

4.75 x 3.65

3 Pc Bath


Features

Lot size: 21,950 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 4

Total parking spaces 5


Property listed by ROYAL LEPAGE NRC REALTY, Brokerage
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Market Data - Elgin

Geo Zone Map ThumbnailElgin

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

37 days

2023

26 days

2022

16 days

New Listings

Past 30 days

36 listings

Compared to

2024

34 listings

2023

26 listings

2022

38 listings

Units sold

Past 30 days

13 units

Compared to

2024

17 units

2023

9 units

2022

18 units

Median Sold Price

Past 30 days

$460,000

Compared to

2024

$470,000

2023

$570,000

2022

$652,500


Population and Demographics

Overview

Total population 9664
Average household income $80,133

Age (%)

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

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%

Schools and amenities

Estimated Budget