4524 Bridge St
Niagara Falls, L2E 2R7
FOR SALE
$350,000
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4
BEDROOMS2
BATHROOMS1
KITCHENS6
ROOMSX9508563
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Property Description
Investors, Developers, And Builders; Great Opportunity To Develop, Build, Invest, Or Live. Property is Zoned "CB" (COMMERCIAL BUSINESS) allowing for multi-use/multi-residential/short/long term rental. Mere steps from the Bus station and GO STATION, Bridge to USA, the many shops and dining experiences of the downtown core, Fallsview casino, tourist attractions, and the Niagara River. It is encouraged to purchase with the adjacent property next door - 4514 Bridge Street, also Zoned CB. The possibilities are endless in acquiring one or both of these uniquely and rare zoned properties. Currently a detached 2-storey dwelling with 4 Bedrooms and 2 Bathrooms.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-01-19 | 2024-07-19 | 182 | $499,000 | - | Expired |
Extras
Property Is Boarded Up With No Electircity or Heat. Property Sold "As Is".
Property Features
Other, Park, Public Transit, Rec Centre, River/Stream, School
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Property Details
Street
City
Property Type
Detached, 2-Storey
Lot Size
33' x 110'
Fronting
South
Taxes
$1,754 (2024)
Basement
Unfinished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
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Niagara Falls Market Statistics
Niagara Falls Price Trend
4524 Bridge St is a 4-bedroom 2-bathroom home listed for sale at $350,000, which is $260,234 (42.6%) lower than the average sold price of $610,234 in the last 30 days (November 21 - December 20). During the last 30 days the average sold price for a 4 bedroom home in Niagara Falls declined by $98,134 (13.9%) compared to the previous 30 day period (October 22 - November 20) and down $214,766 (26.0%) from the same time one year ago.Inventory Change
There were 24 4-bedroom homes listed in Niagara Falls over the last 30 days (November 21 - December 20), which is down 36.8% compared with the previous 30 day period (October 22 - November 20) and down 7.7% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Niagara Falls typically sold ($12,846) (2.1%) below asking price over the last 30 days (November 21 - December 20), which represents a $5,681 increase compared to the previous 30 day period (October 22 - November 20) and ($29,900) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Niagara Falls over the last 30 days (November 21 - December 20) stood at 283.3%, down from 834.2% over the previous 30 days (October 22 - November 20) and up from 26.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Niagara Falls stood at 45 days when successfully sold over the last 30 days (November 21 - December 20), compared to 86 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
Similar Listings
Welcome to this charming 2-story detached home, ideally situated on Main Street in the heart of Port Colborne's bustling business district. This versatile property, zoned for both commercial and residential use, offers endless possibilities. Featuring 4 bedrooms, 2 full baths, and 1 half bath, this spacious home is perfect for big families or investors looking to generate rental income. The property boasts a new roof and two recently renovated bathrooms. Additionally, it has central AC, gas heating, and a tankless water heater, ensuring year-round comfort and energy efficiency. The deep 167-foot lot provides ample parking with space for up to 10 cars, making it convenient for both residents and potential customers. The 50-foot wide lot on prime Main Street is excellent for appreciation. Surrounded by popular local businesses, including a diner, Tim Hortons, and pizza restaurants, you are within walking distance to amenities, restaurants, community, and nightlife. With many businesses fronting on the same street, there is a high possibility of running a commercial business on this property. Don't miss out on this prime location with endless potential!
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