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City in Ontario
Condos for sale under $700K in Niagara-on-the-Lake
1 condo in Niagara-on-the-Lake is listed for sale under $700K.
19,088 people lived in Niagara-on-the-Lake at the 2021 Census, in 7,875 households. 84% of households owned their home and 15% rented. The most common homes were single-detached houses (79%) and row houses (9%). 38% of homes were built before 1981, and 23% since 2011. 90% of commuters went to work by car and 0% by public transit.
Niagara-on-the-Lake, Ontario
© Wikimedia Commons contributors (CC BY-SA)
At a glance
Condos for Sale in Niagara-on-the-Lake Under $700K
Day to dayLivability
9
Schools near listings
out of 10 · averaged over 2,704 past and present listings
Fraser Institute ratings within 2 km of each listing, closer schools weighted more
Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.
What it costsAffordability
Median asking price
$1,199,000
In Niagara-on-the-Lake
$1,199,000
In Ontario
$716,900
Median monthly rent
$3,500/mo
In Niagara-on-the-Lake
$3,500
In Ontario
$2,499
$545
Per square foot
≈ 28.5 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
250
Median $1,199,000
Houses 219 · Condos 30
For rent
20
Median $3,500
Houses 19 · Condos 1
Recently sold
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Recently leased
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Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
The honest readPros & cons
What people love
- Strong school ratings
- Many parks for outdoor activities
- Diverse housing options available
Keep in mind
- Prices are above provincial median
- Limited public transit options
The feel of the placeLifestyle
Daily life is relaxed with access to parks and community activities. The area is suitable for families and those seeking a quieter environment.
Within the boundaryWhat's nearby
The boundary
147.5 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
25
Parks
19
Playgrounds
6
Grocery stores
40
Restaurants
10
Cafés
1
Libraries
2
Pharmacies
Counted across all 147.5 km² of Niagara-on-the-Lake. From OpenStreetMap, as of 2026-10-12.
The schoolsWhich schools, and how they rate
8.4/10
Average rating of the 3 rated schools in this area
6
Elementary
1
Secondary
St Davids Public School
Public · Grades JK–8 · DSB Niagara
9.8/108.8 over 5 yrs25th of 3,045 Ontario elementary schools
445 students · EQAO 2024-2025
Crossroads Public School
Public · Grades JK–8 · DSB Niagara
8.4/107.3 over 5 yrs209th of 3,045 Ontario elementary schools
420 students · EQAO 2024-2025
St Michael Catholic Elementary School
Catholic · Grades JK–8 · Niagara CDSB
7.1/107.9 over 5 yrs808th of 3,045 Ontario elementary schools
265 students · EQAO 2024-2025
Penfield Academy
Independent
Not rated
Royal Oak Community School
Independent
Not rated
Vineridge Academy
Independent
Not rated
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Niagara-on-the-Lake, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.
The peopleWho lives here
19,088
Population (2021)
131.4 km²
Area
145
People per km²
55.8
Median age
$98,216
Median income
84%
Own their home
2.4
People per household
7,875
Households
Every age
- Children (under 15)11.0%
- Working age (15–64)52.8%
- Seniors (65+)36.2%
What is built here
- Detached houses79.2%
- Semi-detached5.4%
- Townhouses9.2%
- Low-rise apartments5.3%
Own or rent
84%Owners
15%Renters
Across 7,875 households
When it was built
Mostly 1960 or earlier
- 1960 or earlier20%
- 1961–198018%
- 1981–19909%
- 1991–200010%
- 2001–200511%
- 2006–20108%
- 2011–201513%
- 2016–202110%
Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.
- 26.3%
- Born outside Canada
- 31.9%
- Hold a degree or higher
- 43%
- Employment rate
- 0.4%
- Commute by transit
- 90%
- Commute by car
- 1.8
- Children per family
- $85,497
- Median income after tax
- $127,154
- Average household income
- 8.2%
- Living on a low income
- $1,658/mo
- Renters pay, per month
- $1,012/mo
- Owners pay, per month
- $861,421
- Median home value at census
- 40.5%
- Renters spending 30%+ of income on housing
- 13.9%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 24 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)
Common questions about condos for sale under $700K in Niagara-on-the-Lake
How many condos in Niagara-on-the-Lake sell for under $700K?
1 condo in Niagara-on-the-Lake is listed for sale under $700K today. Their median asking price is $679,000.
All homes for sale in Niagara-on-the-LakeWhat kind of condo can I buy in Niagara-on-the-Lake for under $700K?
Under $700K, Niagara-on-the-Lake has condo apartment (1) for sale.
Condos for sale in Niagara-on-the-LakeMore Homes for Sale in Niagara-on-the-Lake
250 homes are for sale in Niagara-on-the-Lake. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.