5519 Ontario Avenue, Niagara Falls, ON
Property no longer active
This property was sold on March 3, 2026. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 210 - Downtown. Expertly crafted featuring premium brick front and vinyl siding construction, this residence presents an exceptional opportunity offered at $949,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 12 Bedrooms and 12 Bathrooms with 2 functional kitchens
- Generous living space spanning 3000-3500 sqft on a premium 50 x 128 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available
- Notable attributes: Accessory Apartment, Carpet Free, Central Vacuum
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Unique and highly versatile property located just moments from River Road, the Niagara River, and Casino Niagara. Situated in a prime central location, this building offers tremendous potential for investors, service organizations, multi-residential users, or anyone seeking a large, adaptable space in a high-demand area of Niagara Falls. Formerly home to the Boys and Girls Club/Niagara's Night Light program, the building is divided into two self-contained units, providing flexibility for a variety of uses. Unit 1 features 7 spacious bedrooms, a bright and functional kitchen, 5.5 bathrooms, and a dedicated laundry room-an ideal setup for group accommodation, transitional housing, student rentals, or multi-family living. Unit 2 offers 5 bedrooms and 2.5 bathrooms on the main levels. The basement previously housed an additional 3 bedrooms and 3 bathrooms and is now partially unfinished due to a past water break, giving the next owner the rare opportunity to redesign and rebuild to suit their specific needs or business model. Zoned R2, this property allows for a wide range of permitted uses, including group homes, and bed & breakfasts. The size and configuration of the building also open the door to creative redevelopment opportunities. Completely vacant and ready for immediate possession, the building eliminates any concerns about existing tenants, leases, or turnover. Buyers can move forward with renovations, operations, or redevelopment from day one. With its prime location, strong zoning flexibility, and substantial interior square footage, 5519 Ontario Avenue represents an outstanding opportunity in the heart of Niagara Falls.
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Property Summary
This detached home located at 5519 Ontario Avenue, Niagara Falls is currently for sale and has been available on SousaSells for 218 days. This property is listed at $949,900 with an estimated mortgage of $3,162* per month. It has 12 beds, 12 bathrooms, and is 3000-3500 square feet. 5519 Ontario Avenue, Niagara Falls is in the 210 - Downtown neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Arts Centre, Hospital, Other, Public Transit, Rec./Commun.Centre, School
Interior Features
Accessory Apartment, Carpet Free, Central Vacuum, Guest Accommodations, In-Law Capability, In-Law Suite, Separate Heating Controls, Storage, Water Heater, Sump Pump
Security Features
Alarm System, Smoke Detector, Security System
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 5519 Ontario Avenue, Niagara Falls, ON L2E 3S4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Niagara Falls, ON
For a property listed at $949,900 in Niagara Falls, the legal minimum down payment is $69,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $15,473 for this transaction. As this listing is in Niagara Falls (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $15,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.