Single Family Residence for sale at 4741 First Avenue, Niagara Falls, ON, L2E 4G6 - Downtown - MLS: 40770932

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4741 First Avenue

Niagara Falls, ON, L2E 4G6 - Downtown

$399,900

Virtual Tour

Neighbourhood

Downtown
Major Intersection

Listed Since: 84 day(s)
Last update: today

Virtual Tour

Overview

Property Type

Single Family Residence, Bungalow
Bedrooms

3 + 0
Bathrooms

1
Basement

Full, Unfinished
Kitchen

n/a
Total Parking

4
Lot Size

70.00x150 (Square Feet)
Taxes

$2,936.37 (2025)
Type

Freehold

Property Description

Property description for 4741 First Avenue, Niagara Falls

Attention Builders, Investors & Renovators! Fantastic opportunity to acquire a valuable 70’ x 150’ lot with an existing home—ideal for redevelopment or investment. The sellers have already completed the pre-consultation process with the City of Niagara Falls Planning Department, paving the way for future growth. Potential options include severing the lot into two parcels to build detached homes, or severing into three parcels for semi-detached or townhouse development. This prime location is just 2 minutes to the Niagara Falls GO Station and Niagara University, and only 5 minutes to the vibrant entertainment district—a high-demand area with strong growth potential. The existing 3-bedroom, 1-bathroom home (approx. 950 sq. ft.) offers the option to rent out while you plan your project, or renovate and enjoy yourself. An excellent opportunity for those looking to build, invest, or add value in one of Niagara’s most promising areas. Location has city water, natural gas, electricity, cable.

Listed by eXp Realty

Property details

MLS #

40770932
Sq. Ft

956
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

1910
Pool

n/a
Drive

n/a
Garage

n/a
Total Parking

4
Family Room

n/a
Den

n/a
Exterior

Brick Veneer, Vinyl Siding
Fireplace

n/a
Roof

Asphalt Shing
Foundation

Stone
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air, Natural Gas
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

n/a
Central Vac

n/a

MLS #

40770932
Sq. Ft

956
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

1910
Pool

n/a
Drive

n/a
Garage

n/a
Total Parking

4
Family Room

n/a
Den

n/a
Exterior

Brick Veneer, Vinyl Siding
Fireplace

n/a
Roof

Asphalt Shing
Foundation

Stone
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air, Natural Gas
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

n/a
Central Vac

n/a

Kitchen

3.51 x 3.89 ft Main level
Dining Room

2.16 x 3.91 ft Main level
Bedroom Primary

2.90 x 3.10 ft Main level
Living Room

3.73 x 3.91 ft Main level
Bedroom

2.87 x 3.12 ft Main level
Bedroom

2.34 x 3.15 ft Main level
Foyer

1.65 x 6.68 ft Main level
Bathroom

2.31 x 3.15 ft Main level

4-Piece

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Local Real Estate Price Trends for Single Family Residence in Downtown

Active listings

Average Selling Price of a Single Family Residence

December 2025

$337,500

Last 3 Months

$388,833

Last 12 Months

$436,391

December 2024

$353,333

Last 3 Months LY

$391,996

Last 12 Months LY

$429,930

Change

-4%

Change

-1%

Change

Number of Single Family Residence Sold

December 2025

Last 3 Months

Last 12 Months

December 2024

Last 3 Months LY

Last 12 Months LY

Change

33%

Change

-37%

Change

20%

Average Selling price

Inventory Graph

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Closing Cost Calculator

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Closing Cost Total for this property

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Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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