5000 Bridge St
Niagara Falls, L2E 2S5
FOR SALE
$765,000
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6
BEDROOMS4
BATHROOMS4
KITCHENS14
ROOMSX9245089
MLSIDContact Us
Property Description
Attention Investors! A fantastic opportunity to own this legal triplex with a non-confirming 4th unit close to Clifton Hill, Lundys Lane & all amenities! With 2 2-bed units and 2 1-bed units, Zoned GC which allows for several different investment strategies, including Short Term Rentals & AirBnb. Updates include: 2 units have been recently renovated, the basement has been mostly finished as well as a full exterior makeover! Permits have also been issued for a storage unit in the basement for potential additional income. With multiple new developments close by on Victoria, this make this investment even more attractive! Don't miss this unique investment opportunity!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-06-27 | 2024-08-03 | 37 | $774,900 | - | Terminated |
| 2023-09-12 | 2023-12-07 | 90 | $779,900 | - | Expired |
| 2023-08-24 | 2023-09-14 | 21 | $779,900 | - | Terminated |
| 2023-07-07 | 2023-08-25 | 49 | $799,900 | - | Terminated |
| 2023-05-08 | 2023-07-04 | 63 | $800,000 | - | Expired |
| 2022-11-25 | 2023-01-31 | 69 | $849,900 | - | Expired |
| 2022-09-30 | 2022-11-25 | 56 | $864,900 | - | Terminated |
| 2022-09-02 | 2022-09-30 | 28 | $874,900 | - | Terminated |
| 2022-08-10 | 2022-09-02 | 28 | $874,900 | - | Suspended |
Property Features
Place Of Worship, Public Transit
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Property Details
Street
City
Property Type
Fourplex, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
30' x 110'
Acreage
< .50
Fronting
South
Taxes
$4,467 (2023)
Basement
Part Bsmt, Part Fin
Exterior
Alum Siding, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
None
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Niagara Falls Market Statistics
Niagara Falls Price Trend
5000 Bridge St is a 6-bedroom 4-bathroom home listed for sale at $765,000, which is $127,837 (14.3%) lower than the average sold price of $892,837 in the last 30 days (October 15 - November 13). During the last 30 days the average sold price for a 6 bedroom home in Niagara Falls increased by $262,837 (41.7%) compared to the previous 30 day period (September 15 - October 14) and down $307,163 (25.6%) from the same time one year ago.Inventory Change
There were 5 6-bedroom homes listed in Niagara Falls over the last 30 days (October 15 - November 13), which is up 66.7% compared with the previous 30 day period (September 15 - October 14) and up 150.0% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in Niagara Falls typically sold ($51,612) (5.8%) below asking price over the last 30 days (October 15 - November 13), which represents a $1,712 decrease compared to the previous 30 day period (September 15 - October 14) and ($149,900) 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 6-bedroom homes in Niagara Falls over the last 30 days (October 15 - November 13) stood at 80.0%, up from 33.3% over the previous 30 days (September 15 - October 14) and up from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 4-bathroom home in Niagara Falls stood at 52 days when successfully sold over the last 30 days (October 15 - November 13), compared to 241 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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