5424 Second Ave

Niagara Falls, L2G 3M2
FOR SALE
$560,000
5424 Second Ave, Niagara Falls
5424 Second Ave
5424 Second Ave
5424 Second Ave
5424 Second Ave
5424 Second Ave
5424 Second Ave
5424 Second Ave
5424 Second Ave
5424 Second Ave
5424 Second Ave
5424 Second Ave
5424 Second Ave
5424 Second Ave
5424 Second Ave
5424 Second Ave
5424 Second Ave
5424 Second Ave
5424 Second Ave
5424 Second Ave
5424 Second Ave
5424 Second Ave
5424 Second Ave
5424 Second Ave
5424 Second Ave
5424 Second Ave
5424 Second Ave
5424 Second Ave
5424 Second Ave
5424 Second Ave
5424 Second Ave
5424 Second Ave
5424 Second Ave
5424 Second Ave
5424 Second Ave
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
7 + 1
ROOMS
X11926373
MLSID
Contact Us
Property Description
Discover 5424 Second Ave, a charming century home in prime Niagara Falls location with endless income potential! This detached two-story home with DTC zoning is perfect for short-term rentals or a dream home. Located just a short walk to the Falls, Clifton Hill, and casinos, this 3-bedroom, 2-bath home blends timeless charm with modern updates. Features include original hardwood floors, stained glass, oak casings, and has ample privacy, as it is located on a private dead-end avenue with no side or rear neighbors. The unfinished basement, with a separate entrance and 3-piece bath, offers incredible potential for an in-law suite or rental unit. Recent updates include the roof, furnace, and A/C. Don't miss this rare opportunity in the heart of Niagara Falls. Contact us today to schedule a private viewing and see the potential for yourself!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-10-16 2024-11-27 42 $575,000 - Terminated
2024-07-03 2024-10-18 107 $599,000 - Terminated
2024-01-22 2024-05-02 101 $619,000 - Terminated
Property Features
Cul De Sac, Hospital, School
Property Details
Property Type
Detached, 2-Storey
Lot Size
30' x 50'
Fronting
West
Taxes
$1,909 (2024)
Basement
Unfinished
Exterior
Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Available
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain10.60' x 12.99'
DiningMain12.11' x 13.09'
LivingMain10.10' x 13.62'
Prim Bdrm2nd11.19' x 13.71'
2nd Br2nd12.99' x 12.99'
3rd Br2nd9.19' x 9.61'
Niagara Falls Market Statistics
Niagara Falls Price Trend
5424 Second Ave is a 3-bedroom 2-bathroom home listed for sale at $560,000, which is $2,383 (0.4%) lower than the average sold price of $562,383 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Niagara Falls declined by $32,132 (5.4%) compared to the previous 30 day period (December 22 - January 20) and up $22,328 (4.1%) from the same time one year ago.
Inventory Change
There were 84 3-bedroom homes listed in Niagara Falls over the last 30 days (January 21 - February 19), which is down 3.4% compared with the previous 30 day period (December 22 - January 20) and up 64.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Niagara Falls typically sold ($15,213) (2.7%) below asking price over the last 30 days (January 21 - February 19), which represents a $2,532 decrease compared to the previous 30 day period (December 22 - January 20) and ($22,911) 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 3-bedroom homes in Niagara Falls over the last 30 days (January 21 - February 19) stood at 35.7%, down from 36.8% over the previous 30 days (December 22 - January 20) and down from 52.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Niagara Falls stood at 47 days when successfully sold over the last 30 days (January 21 - February 19), compared to 82 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Niagara Realty Ltd., Brokerage
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