$555,000

$575,000For salePrice drop↓ $20,000 (3%)

5463 Palmer Avenue, Niagara Falls (Downtown) - Single Family for Sale

5463 Palmer Avenue, Niagara Falls (Downtown), Ontario, L2E3V2

3 beds2 baths5 parking1,300 ft²47 × 75 ft (3,525 sq ft) lot sizeListed 33 days ago

Overview

This 3-bedroom, 2-bathroom home in Niagara Falls is for sale offering roughly 1,300 sq ft of space. It has been on the market 33 days, fresher than the Niagara Falls average of 88 days.

Houses for Sale in Niagara Falls →All real estate in Niagara Falls →

Description

Welcome to 5463 Palmer Ave, a solid brick corner-lot home in the heart of downtown Niagara Falls! Walking distance to the world-famous Falls, Clifton Hill, Bird Kingdom, Tim Hortons, restaurants, pubs, and more, this location is all about convenience.This unique property offers exceptional flexibility for families, investors, or short-term rental Or Bed and Breakfast pportunities. The home features a bright and functional layout, spacious bedrooms, and a great backyard. There's a separate entrance to the basement and parking for up to 5 cars-perfect for families or investors.Furnace, AC, and hot water tank were updated in 2022, making this a move-in-ready, low-maintenance property. A fantastic opportunity in a prime Niagara Falls location! (id:66096)

Property Details

MLS®: X13855970
Property Type: Single Family
Zoning: R2
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 5
Interior Size: 1,300 ft²
Lot Size: 47 × 75 ft (3,525 sq ft)
Frontage: 47 ft
Storeys: 2
Basement: Partially finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold

Rooms

Ground level

Living room: 3.32 x 3.48 meters
Dining room: 3.2 x 3.37 meters
Kitchen: 2.51 x 3 meters

Second level

Primary Bedroom: 2.7 x 4 meters
Bedroom 2: 2.9 x 2.4 meters
Bedroom 3: 2.5 x 2.8 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Flooring: Laminate
Foundation: Unknown
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

33d

Niagara Falls (Downtown) listings, avg age

88d

Price / ft²

$427

List price

$555K

Haho

This 3-bed single family in Niagara Falls (Downtown) has been listed for 33 days, which is 55 days fresher than the city average of 88. Act while there is still low competition.

Set a price alert Book a showing

Listed by RE/MAX DYNAMICS REALTY · William Lam

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L2E)

This home lists at $555,000, about 9.1× the local median household income of $60,800.

Carrying it typically needs a household income of about $108,411 (20% down, 25-yr amortization, stress-tested) — roughly 78% above the area median.

Median household income: $60,800
Population: 18,587
Median age: 46.4
Owner / renter: 61% / 39%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA L2E)

$555,000· $427/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5.50% · $30,500

Min 5.50%50%

Mortgage payment$2,908/mo

↳ CMHC premium ($20,980 capitalized)

Property tax (est.)$222/mo

Total monthly$3,129

Cash Needed to Close

Down payment (5.50%)$30,500

Land transfer tax$7,575

Est. closing costs$4,165

Total cash needed$42,240

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Rental cashflow calculator