Welcome to this remarkable commercial retail located in the coveted neighborhood of Hospital. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,789,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Excellent Commercial Investment Opportunity Near Niagara Falls!Versatile commercial building featuring a large restaurant on the main floor and 10 rental rooms across the first and second floors. We recently renovated the entire building for strong potential for revenue . Ideal for investors seeking immediate cash flow. With renovation of this building we are expecting revenue between 10 to 12000 Per month. Property is zoned General Commercial, allowing for multiple future uses - easily convert to a hotel, motel, or multi-residential units (subject to approvals). High-traffic location just minutes from world-renowned Niagara Falls, major highways, and tourist attractions. A rare find in a high-demand area! Key Investment Advantages: Year-Round Tourist Attraction: High foot traffic due to proximity to Niagara Falls and entertainment areas. Development Potential: Opportunities for building hotels, mixed-use plazas, retirement homes, and more. Capital Appreciation: Increasing demand with the expansion of shopping, dining, and entertainment developments nearby. Future Growth: This area is witnessing rapid growth, making it a hotspot for investors and developers.
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This commercial retail located at 5829 Ferry Street, Niagara Falls is currently for sale and has been available on SousaSells for 42 days. This property is listed at $1,789,000 with an estimated mortgage of $5,955* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 5829 Ferry Street, Niagara Falls is in the Hospital neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Hospital, Niagara Falls.
First-time home buyers, professionals, or investors seeking value.
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The current listing price for 5829 Ferry Street, Niagara Falls, ON in Hospital, Niagara Falls is $1,789,000.
This property features null bedrooms and null bathrooms.
5829 Ferry Street, Niagara Falls, ON is a Commercial Retail () featuring a basement.
Community features and nearby amenities include: Public Transit, Recreation/Community Centre.
Security features include: Yes.
Heating is provided via standard central heat and cooling via Yes.
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Hospital, Niagara Falls
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 5829 Ferry Street, Niagara Falls, ON L2G 1S8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Niagara Falls.
About Purchasing a Home in Niagara Falls, ON
For a property listed at $1,789,000 in Niagara Falls, the legal minimum down payment is $357,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $32,255 for this transaction. As this listing is in Niagara Falls (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $32,255.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Hospital, Niagara Falls.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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