5589 Portage Rd

Niagara Falls, L2G 5Y2
FOR SALE
$449,000
5589 Portage Rd, Niagara Falls
5589 Portage Rd
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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 $280,750 (38.5 %) lower than the average sold price of $729,750 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 3 bedroom home in Niagara Falls increased by $67,750 (10.2 %) compared to the previous 30 day period (September 27 - October 26) and up $207,250 (39.7 %) from the same time one year ago.
Inventory Change
There were 55 3-bedroom homes listed in Niagara Falls over the last 30 days (October 27 - November 25), which is up 57.1 % compared with the previous 30 day period (September 27 - October 26) and up 89.7 % compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Niagara Falls typically sold $3,275 (0.4 %) above asking price over the last 30 days (October 27 - November 25), which represents a $16,550 increase compared to the previous 30 day period (September 27 - October 26) and ($2,150) 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 (October 27 - November 25) stood at 7.3 %, down from 57.1 % over the previous 30 days (September 27 - October 26) and down from 103.4 % 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 52 days when successfully sold over the last 30 days (October 27 - November 25), compared to 80 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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