Huge 83x195 lot on a quiet street, 4-bed fixer-upper near the Falls

Property details for 5469 Prince Edward Avenue, Niagara Falls

Type: Residential
Bedrooms: 4
Bathrooms: 1
Lot Size: 83.9 x 195.6 FT
Stories: 1.5
Basement: Full
Parking: No Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Stucco
Ownership: Freehold
Annual Taxes: $4,688 (2025)

You're buying this one for the land. An 83.9 by 195.6 foot lot in Niagara Falls is a rare find, especially this close to the tourist action. The house itself is a 1925 stucco with 4 beds and 1 bath spread over 1.5 stories. It needs work, no doubt. The main floor has a foyer, dining room, living room, kitchen, bathroom, and one bedroom. Upstairs, three more bedrooms. Original charm, but dated. Full basement with block foundation. Forced air gas heat and central air are already in. Parking for 4 cars, no garage. You're 2.5 km from Fallsview Casino and the Skylon Tower, and Queen Victoria Park is just down the road. Westlane Secondary School is about 2.2 km away, and Niagara College's Maid of the Mist Campus is a 5-minute drive. Priced at $599,900, which aligns with the median in the area, but with only 2 active listings nearby, you've got some negotiating room. This is a project, but the lot's potential is huge. Check zoning and get your permits lined up.

About 5469 Prince Edward Avenue, Niagara Falls — Property Score

Great Location Hot Market

Score: 69/100

Value

Priced 7.7% below area median of $649,900 based on 329 comparable properties nearby 82

Stable pricing - no price changes since original listing date 50

Size

4 bedrooms - 1 more than similarly priced 3-bedroom homes nearby 72

1 bathroom - 1 fewer than similarly priced properties nearby 48

16,411 sqft lot - an oversized lot for the area 90

Location

$61K median household income - near the Canadian average of $70K 61

75% of residents hold postsecondary credentials - a highly educated neighbourhood 83

91% homeownership rate - indicating a stable, owner-occupied community 93

85% of residents commute under 30 minutes - excellent commuter accessibility 98

1,235/km² population density - a well-balanced suburban area 82

Market

Just listed - area average is 30 days on market 100

+15.2% median price change over 1 month - rising prices in the area 100

49.8 months of housing supply - 448 active listings with 9 sold last month (buyer's market) 40

Features

4-car garage - area average is 4.8 spots 95

Full basement 55

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.78% effective tax rate ($4,688/yr) - below the Canadian average of ~1% 77

9% renter population - primarily owner-occupied area 41

Quality

Condition

Listing

19 photos provided - below the area average of 34 photos 85

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.