5589 Portage Rd

Niagara Falls, L2G 5Y2
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5589 Portage Rd, Niagara Falls
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3
BEDROOMS
1
BATHROOMS
1
KITCHENS
6
ROOMS
X5439799
MLSID
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Property Description
"Look No Further" A Great Find- Bring The Family Or Investors!Beautiful 3 Bedrooms Detached Bunga Loft House With Fenced Backyard In Very Desirable Area. Centrally Located In The Heart Of Niagara Falls Across The Street From The Walking Distance To Niagara Hospital, Minutes To Tourist Area, Niagara College, Casino, Falls & Clifton Hill, Close To School,Park,Rec. Center, Bus Transit, Toronto Quick Access To Highway 420 & Qew. Sold As Is
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-03-10 2021-06-09 91 $479,999 - Expired
Extras
Fridge, Stove, Washer, Dryer.
Property Details
Property Type
Detached, Bungaloft
Lot Size
40' x 98'
Fronting
South
Taxes
$3,300 (2021)
Basement
Sep Entrance
Exterior
Brick
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Detached
Niagara Falls Market Statistics
Niagara Falls Price Trend
5589 Portage Rd is a 3-bedroom 1-bathroom home listed for sale at $449,000, which is $173,836 (27.9%) lower than the average sold price of $622,836 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 3 bedroom home in Niagara Falls declined by $22,941 (3.6%) compared to the previous 30 day period (February 25 - March 25) and down $116,523 (15.8%) from the same time one year ago.
Inventory Change
There were 72 3-bedroom homes listed in Niagara Falls over the last 30 days (March 26 - April 24), which is up 18.0% compared with the previous 30 day period (February 25 - March 25) and up 35.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Niagara Falls typically sold ($19,098) (3.1%) below asking price over the last 30 days (March 26 - April 24), which represents a $1,521 decrease compared to the previous 30 day period (February 25 - March 25) and ($21,656) 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 (March 26 - April 24) stood at 76.4%, up from 44.3% over the previous 30 days (February 25 - March 25) and up from 60.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Niagara Falls stood at 24 days when successfully sold over the last 30 days (March 26 - April 24), compared to 54 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Gold Realty Inc., Brokerage
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