5473 Ontario Avenue, Unit 5, Niagara Falls, ON

$1,395/mo
MLS#:X13696886
1 beds
1 baths
< 700 sqft
1.0 parking
Residential Freehold
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Added:Aug 20, 2026(9 days ago)
Updated:Aug 20, 2026(9 days ago)
Last Checked:3 minutes ago

Property Highlights

Welcome to this remarkable 1 Storey/Apt multiplex located in the coveted neighborhood of Downtown. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,395 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning < 700 sqft on a premium 50 x 127.6 ft lot
  • 1.0 total parking spaces available
  • Notable attributes: Separate Hydro Meter
  • Efficient radiant heating via gas

Description

Great opportunity to live in the heart of Niagara Falls. Spacious top floor, walk-up, RENT CONTROLLED, one bedroom apartment, clean with Brand New Kitchen, Appliances and updated flooring throughout. Great view overlooking the Niagara River. Walking distance to the Falls and all Niagara Falls has to offer including public transit. One car parking Heat and water included with on-site coin-op laundry. Cable and internet are tenants' responsibility. Rental application, two months income verification, current credit report with score required.

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Property Summary

This multiplex located at 5473 Ontario Avenue, Niagara Falls is currently for sale and has been available on SousaSells for 9 days. This property is listed at $1,395 with an estimated mortgage of $5* per month. It has 1 bed, 1 bathroom, and is < 700 square feet. 5473 Ontario Avenue, Niagara Falls is in the Downtown neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Downtown, Niagara Falls.

Great for Small Household / Couples
What We Love About This Home
  • •1 spacious bedroom layout offering versatile living space
  • •1 well-appointed bathroom
  • •< 700 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
AddedAug 20, 2026 (9 days ago)
UpdatedAug 20, 2026 (9 days ago)
Last Checked3 minutes ago
Transaction TypeFor Lease

Property Details

Property Sub-TypeMultiplex
Architectural Style1 Storey/Apt
ConstructionBrick
BasementNone
Lot Size50 Ă— 127.6 Feet
CountyNiagara

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeRadiant
CoolingNone

Features

Property Features

None listed

Interior Features

  • Separate Hydro Meter

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 5473 Ontario Avenue, Unit 5, Niagara Falls, ON

Q.What is the asking price for 5473 Ontario Avenue, Unit 5, Niagara Falls, ON ?

The current listing price for 5473 Ontario Avenue, Unit 5, Niagara Falls, ON in Downtown, Niagara Falls is $1,395.

Q.How many bedrooms and bathrooms does this property have?

This property features 1 bedroom and 1 bathroom across approximately < 700 sqft.

Q.What property type and architectural style is 5473 Ontario Avenue, Unit 5, Niagara Falls, ON ?

5473 Ontario Avenue, Unit 5, Niagara Falls, ON is a Multiplex (1 Storey/Apt) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: Separate Hydro Meter.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via None.

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Location

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5473 Ontario Avenue, Unit 5, Niagara Falls, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Downtown, Niagara Falls

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–Ľ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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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 5473 Ontario Avenue 5, Niagara Falls, ON L2E 3S4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Niagara Falls.

Configure Loan Settings

Interest Rate4.00%
Down Payment$419 (30.0%)
* Minimum Canadian down payment required for this price is $70.
Amortization Period30 Years
Estimated Monthly Payment$5Based on a loan of $976 over 30 years.
Purchase Price$1,395
Loan Amount$976
Provincial Land Transfer Tax:$7
Total Estimated Closing Taxes:$7

About Purchasing a Home in Niagara Falls, ON

For a property listed at $1,395 in Niagara Falls, the legal minimum down payment is $70 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 $7 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 $7.

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Downtown, Niagara Falls Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Downtown, Niagara Falls.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$923,522

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Downtown, Niagara Falls

Elementary Schools

St Patrick
Public4653 Victoria Avenue, Niagara Falls, Ontario, L2E 4B8
6.6
Simcoe Street
PublicSimcoe Street, Niagara Falls, Ontario, L2E 3M9
9.4
Valley Way
Public5315 Valley Way, Niagara Falls, Ontario, L2E 1X4
6.5
St Mary
Public5719 Morrison Street, Niagara Falls, Ontario, L2E 2E8
8.1
LaMarsh
Public4571 Drummond Road, Niagara Falls, Ontario, L2E 6C8
5.3

Secondary Schools

Stamford
Public5775 Drummond Road, Niagara Falls, Ontario, L2G 4L2
5.3
A N Myer
Public6338 O'Neil Street, Niagara Falls, Ontario, L2J 1M7
7.6

Downtown, Niagara Falls Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.

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