4208 Terrace Avenue
Niagara Falls (Downtown), ON L2E 2J4
- 3Bedrooms
- 2Bathrooms
- 1Garage
- 1100–1500Sq Ft
- $2,273Tax
- 50×65 ftLot Size
Estimated Value:$371,401See Free Estimate Report
Sale & Price History for 4208 Terrace Avenue, Niagara Falls, Downtown
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 4208 Terrace Avenue, Niagara Falls, Downtown
Summarized Description
- Prime investment and redevelopment opportunity in Niagara Falls.
- Updated two storey home with flexible use for investors.
- Desirable location near tourism district and casinos.
- Immediate occupancy or leasing potential available.
- Partially finished basement and detached garage included.
- Potential for larger land assembly with neighboring property.
- Turnkey investment with long-term growth opportunities.
Prime Niagara Falls investment and redevelopment opportunity! Located just steps from the Niagara River and Great Wolf Lodge, this updated two storey home offers exceptional flexibility for investors, end-users, and developers alike. Featuring approximately 1,410 sq. ft. of living space, 3 bedrooms, 2 bathrooms, a partially finished basement, detached garage, and fenced yard, the property has been well maintained and is ready for immediate occupancy or leasing. Its desirable location near Niagara's tourism district, casinos, downtown core, Rainbow Bridge, public transit, and major transportation routes makes it an attractive option for both tenants and future owners.Beyond its immediate income and lifestyle potential, this property also presents a unique long-term opportunity. The neighboring property at 4115 May Avenue is available for purchase separately, creating the possibility of a larger land assembly for future redevelopment. Buyers looking to secure a strategic position in one of Niagara Falls' most dynamic growth areas will appreciate the added flexibility and upside potential. Whether you're seeking a turnkey investment, a future rental property, or a site with development possibilities, 4208 Terrace Avenue offers exceptional value in a highly desirable location. Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses, and future development opportunities.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,273
- Land Transfer Tax Fee
- $5,673
Rental Items
- Under Contract
- Hot Water Heater
- Basement Type
- Unfinished
Interior Features
- Interior Extras
- Water Heater
- View
- Bridge, Downtown, Lake, Skyline, Water
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Year Round Living
- Pool
- None
- Property Features
- Hospital, Lake/Pond, Public Transit
Building
- Building Type
- Detached
- Building Style
- 2-Storey
- Approx Age
- 100+
Construction
- Exterior Finish
- Brick, Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 50.00 ft
- Lot Depth
- 65.00 ft
- Lot Shape
- Rectangular
Parking & Garages
- Garage Type
- Detached
- Garage Spaces
- 1
- Parking Spaces
- 2
- Total Garage And Parking Spaces
- 3
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Available
- Hydro
- Yes
- Cable
- Available
- Telephone
- Available
- Bedrooms
- 3
- Washrooms
- 2
- Kitchens
- 1
Room sizes
- Bedroom—Second level
- Bedroom 2—Second level
- Bathroom—Main level, 3 Pc Bath
- Bedroom 3—Second level
- Living Room—Main level
- Kitchen—Main level
- Dining Room—Main level
Washrooms
- 3-piece, Main
- 4-piece, Second
- Municipality
- Niagara Falls
- Neighbourhood
- Downtown
- Main cross streets
- NIAGARA RIVER PARKWAY TO BUTTREY TO MAY AVENUE TO TERRACE.
- Zoning
- R2
- Directions
- NIAGARA RIVER PARKWAY TO BUTTREY TO MAY AVENUE TO TERRACE.
- MLS® number
- X13500956
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-06-29
- Updated on
- 2026-08-19
- Days on market
- 112 days
- Possession type
- Immediate
- Co-op commission
- 2%
- Seller
- Listed by
- HomeLife Power Realty Inc
Home Market Value
Current home valuation for 4208 Terrace Avenue, Niagara Falls, Downtown, Niagara Falls, ON. Listed for $459,900
HOMEH Estimate
$371,401
Estimated Sales Range
$293,407 - $453,775
HOMEH Estimate for 4208 Terrace Avenue, Niagara Falls, Downtown
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$22,995
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $17,476 | $12,831 | $10,946 | $0 |
=Total mortgage | $454,381 | $426,741 | $401,861 | $367,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,219monthly | $2,084monthly | $1,962monthly | $1,796monthly |
Land Transfer Tax
$5,673
$5,673
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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