5537 Montrose Rd
Niagara Falls, L2H 1K9
FOR SALE
$549,999
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Property Description
Excellent Location! This immaculate and well-maintained 2-bedroom home is ideal for investors, first-time buyers, or retirees. It is close to Greenland Public School and 6-7 Minutes Away from Niagara Falls. The partially finished basement features a cozy den. Enjoy a fully fenced backyard and a detached 2-car garage. This charming home is a must-see!
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Extras
All Elf's, Fridge, Stove, Washer and Dryer (As Is Condition)
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Property Details
Street
City
Property Type
Detached, Bungalow
Lot Size
50' x 111'
Lot Irregularities
111.23 ftx 50.30 ft x 111.24ft x 50.41
Fronting
West
Taxes
$2,902 (2024)
Basement
Other
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.99' x 19.00' | |
| Kitchen | Main | 9.97' x 11.58' | Eat-In Kitchen |
| Br | Main | 9.22' x 10.99' | |
| Br | Main | 9.22' x 10.99' | |
| Den | Bsmt | 7.97' x 8.99' |
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Niagara Falls Market Statistics
Niagara Falls Price Trend
5537 Montrose Rd is a 2-bedroom 1-bathroom home listed for sale at $549,999, which is $146,141 (36.2%) higher than the average sold price of $403,858 in the last 30 days (December 13 - January 11). During the last 30 days the average sold price for a 2 bedroom home in Niagara Falls declined by $59,674 (12.9%) compared to the previous 30 day period (November 13 - December 12) and down $36,142 (8.2%) from the same time one year ago.Inventory Change
There were 18 2-bedroom homes listed in Niagara Falls over the last 30 days (December 13 - January 11), which is up 63.6% compared with the previous 30 day period (November 13 - December 12) and up 800.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Niagara Falls typically sold ($1,655) (0.4%) below asking price over the last 30 days (December 13 - January 11), which represents a $8,815 increase compared to the previous 30 day period (November 13 - December 12) and ($39,000) 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 2-bedroom homes in Niagara Falls over the last 30 days (December 13 - January 11) stood at 644.4%, down from 2,545.5% over the previous 30 days (November 13 - December 12) and up from 150.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Niagara Falls stood at 35 days when successfully sold over the last 30 days (December 13 - January 11), compared to 77 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Silvercity Realty Inc.
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