For Sale

5207 River Road, Niagara Falls, Ontario L2E 3G9

$0

5207 River Road, Niagara Falls, Ontario L2E 3G9 is For Sale and has a listing price of 1,170,000. The property is located in the Niagara Falls . It's been on the website for 135 Days.

  • Detached
    Property Type
  • 5
    Bedrooms
  • 5
    Bathrooms
  • Parking
  • MLS ID: X12098893
  • Office Name ICI SOURCE REAL ASSET SERVICES INC.
Property Description

This five (5) Bedroom HOUSE is located in one of the most scenic locations in Ontario – City of NIAGARA Falls directly on RIVER ROAD, which runs along NIAGARA GORGE from the FALLS on towards Niagara-on-the-Lake,and while it can accommodate any family, it also has a BED and BREAKFAST License, which opens earning potential for capable entrepreneur. House is right on the RIVER Road in the FALLS’s end of the Bed & Breakfast District. LOCATION ! LOCATION! ~ 1.0 km away from RAINBOW Bridge~1.5 km away from AMERICAN Falls )~ 2.5 km away from HORSESHOE Falls~ 1.4 km to Bus & Railway Station. Direct Exposure to Tourist Traffic along Rover Road. House was used in the 90’s as Bed & Breakfast, Recently upgraded to new BB Bylaws, inspected & Licensed and Operational as Bed & Breakfast Business.The House was fitted & upgraded to meet City’s Bylaws for operating a BED and BREAKFAST Business and has a City License to accommodate Tourists. Property is right on Niagara Gorge, so at times, depending on wind direction, you can hear the FALLS roaring in a distance. Please note this Offer is for House only, and not for BB business, which is not transferable. Buyer can apply for own license And while the B & B can generate income after Buyer obtains own license, note that Seller gives No Warranty to Buyer for any success of BB operations, which is solely dependent on Buyer’s entrepreneurial performance. Buyer shall do own market research and assess own capacities to run BB business. Seller just added 4th room along with parking to BB license and increased rental capacity 25%. *For Additional Property Details Click The Brochure Icon Below*

Property Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: X12098893
  • Price: $1,170,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 112
  • Ref ID: X12098893
  • Approx Sqft: 2000-2500
  • Dir / Cross St: River Road and Otter
  • Status: Active
  • Tax Year: 2024
  • Property Type: Detached
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
04/23/2025 X12098893 $1,170,000 For Sale - -
04/02/2025 X12055713 $1,110,500 For Sale - -
10/09/2024 X9389672 $1,299,500 Cancelled 01/11/2025 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Niagara Falls
  • $819,908 Average List Price
    based on 1 year
  • 390 New Listings
    based on 30 days
  • 71 Median Days on Market
    based on 1 year
  • List vs. Selling Price 220.78 % Up
  • Sold (12mo) 786
  • Rented (12mo) 377

  • 1 Month Change -28.6%
  • 3 Month Change -5.3%
  • 6 Month Change -35.3%
Walkscore
Property Type Distribution
  • All Houses
    78.36%
  • Commercial
    6.51%
  • Condo
    14.78%
  • Land for Sale
    0.34%
Additional Details
  • Heat Type Other
  • Heat Source Gas
  • Style 1 1/2 Storey
  • Washroom Type1: 1
  • Garage Type Detached
  • Parking Spaces: 4
  • Exterior Other
  • Kitchen Y
  • Parking Y
  • Family Room: 1
  • Washrooms Type 1 # Pcs: 2
  • Washrooms Type 2 # Pcs: 3
  • Washrooms Type 2: 4
  • Taxes: $6,164
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: anytime
  • Listing Entry Date: 23/04/2025 16:53:39
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