5341 River Road
Niagara Falls (Downtown), ON L2E 3G9
- 3Bedrooms
- 4Bathrooms
- 1Garage
- 1500–2000Sq Ft
- $5,656Tax
- 100×220 ftLot Size
Estimated Value:$657,000See Free Estimate Report
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About 5341 River Road, Niagara Falls, Downtown
Summarized Description
- Large lot just 10 minutes from Niagara Falls.
- Recently updated with modern systems and appliances.
- Move-in ready with refreshed kitchen and bathrooms.
- Potential for development and additional units.
- Ideal for rental income or personal residence.
- Prime investment opportunity in a popular area.
This large nearly half-acre lot is just a 10-minute walk from the famous Niagara Falls and popular attractions. Recently updated in 2023, the property features a new heating and cooling system, modern appliances, and refreshed kitchen and bathrooms-ready for you to move in.The spacious land has great potential for development, including the option to add more units. Whether you're looking for rental income, a home with a view, or a solid investment, this prime location near Niagara Falls is an opportunity you won't want to miss!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $5,656
- Land Transfer Tax Fee
- $15,475
Rental Items
- Rental Equipment
- Hot Water Tank is Rent
- Basement Type
- Unfinished
Interior Features
- Interior Extras
- Carpet Free
- View
- River
- Fireplace/Stove
- Yes
- Fireplace Features
- Electric
- Elevator
- No
Exterior Features
- Exterior Extras
- Canopy, Landscaped, Patio
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Shingle , Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Unknown
- Special Designation
- Unknown
Lot
- Lot Front
- 100.00 ft
- Lot Depth
- 219.50 ft
Inclusions
- Inclusions
- Stove, Fridge, Dishwasher, Microwave, Wash/Dryer, All existing windows cover. Furnitures maybe available if want.
Parking & Garages
- Garage Type
- Detached
- Garage Spaces
- 1
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 5
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 3
- Washrooms
- 4
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Living Room—Ground level, 2 Pc Bath
- Kitchen—Ground level
- Dining Room—Ground level
- Bedroom—Ground level, 3 Pc Ensuite
- Bedroom 2—Second level, 3 Pc Ensuite
- Bedroom 3—Second level, 3 Pc Ensuite
Washrooms
- 3-piece, Second
- 3-piece, Ground
- 2-piece, Ground
- Municipality
- Niagara Falls
- Neighbourhood
- Downtown
- Main cross streets
- River Rd/Eastwood Cres
- Directions
- Parking in River Lane
- MLS® number
- X12867994
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-05-23
- Listed on
- 2026-03-10
- Days on market
- 74 days
- Possession date
- 2026-04-06
- Possession type
- Flexible
- Co-op commission
- 2.5%
- Seller
- Listed by
- ROYAL LEPAGE NRC REALTY
Home Market Value
Current home valuation for 5341 River Road, Niagara Falls, Downtown, Niagara Falls, ON. Listed for $949,990
HOMEH Estimate
$657,000
Estimated Sales Range
$543,368 - $770,632
HOMEH Estimate for 5341 River Road, 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% on first $500K + 10% on $449,990 over $500K
$69,999
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $35,188 | $26,505 | $22,610 | $0 |
=Total mortgage | $914,879 | $881,496 | $830,101 | $759,992 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $4,467monthly | $4,304monthly | $4,053monthly | $3,711monthly |
Land Transfer Tax
$15,475
$15,475
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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