5537 Montrose Rd
Niagara Falls, L2H 1K9
FOR SALE
$499,999
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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! **EXTRAS** All Elf's, Fridge, Stove, Washer and Dryer (As Is Condition)
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-12-09 | 2025-01-30 | 52 | $549,999 | - | Terminated |
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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
East
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 $499,999, which is $97,417 (16.3%) lower than the average sold price of $597,416 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Niagara Falls increased by $33,598 (6.0%) compared to the previous 30 day period (December 22 - January 20) and down $43,184 (6.7%) from the same time one year ago.Inventory Change
There were 25 2-bedroom homes listed in Niagara Falls over the last 30 days (January 21 - February 19), which is down 7.4% compared with the previous 30 day period (December 22 - January 20) and up 177.8% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Niagara Falls typically sold ($40,350) (6.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $16,033 decrease compared to the previous 30 day period (December 22 - January 20) and ($5,300) less 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 (January 21 - February 19) stood at 48.0%, up from 40.7% over the previous 30 days (December 22 - January 20) and down from 55.6% 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 48 days when successfully sold over the last 30 days (January 21 - February 19), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Silvercity Realty Inc.
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