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Lots & Land in Niagara Falls
About 0 Terrace Avenue
Vacant Land for Sale - Development Opportunity! Excellent opportunity for builders, developers, and investors. Vacant land with potential for development into multiple residential units, subject to applicable zoning, approvals, and municipal requirements. Power of Sale Property. Financing may be available, subject to terms and conditions. Additional Opportunity: Both properties, 0 Terrace Ave and 4696 Jepson St, may be purchased together, offering potential for a combined investment opportunity. Don't miss this opportunity to explore the development potential of these properties!
Niagara Falls land priced at $249,900 — book a tour to see if it fits your search.Ask Zara a follow-up
Inside 0 Terrace Ave
Every detail from the listing, in one place.
Type
Land
Style
Other
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Other
Property class
Vacant Land
0 Terrace Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,228
/mo
based on the purchase price of $249,900
$49,980 cash
$199,920 financed
$168,385 total interest
Principal54%$199,920
Interest46%$168,385
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Niagara Falls
Other homes for sale in Niagara Falls around $250K.
Average days on market42Homes sold in about 42 days on average.
Sale-to-list ratio96.6%On average, homes sold below asking.
Active listings756Homes for sale here right now.
Median vs prior 90 days+6.5%Compared with Apr 13 – Jul 12, 2026: prices up.
Based on 441 sales from Jul 12 – Oct 10, 2026 (282 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
0 Terrace Ave is listed at $249,900 (MLS® X13884664). Summitly updates the price as soon as the MLS® record changes.
Has the price of 0 Terrace Ave changed?
No — 0 Terrace Ave is still listed at its original asking price of $249,900.
How many bedrooms and bathrooms does 0 Terrace Ave have?
The listing for 0 Terrace Ave doesn't publish its bedroom and bathroom count. It is a lot in Niagara Falls.
Is 0 Terrace Ave close to transit?
The nearest rapid-transit station is Niagara Falls GO Station (Lakeshore West GO), about 490 m (about a 6-minute walk) in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 0 Terrace Ave?
About $1,228 a month — principal and interest on $249,900 with 20% down ($49,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 0 Terrace Ave compare with other homes in Niagara Falls?
Its asking price of $249,900 is about 57% below the median sold price in Niagara Falls over the last 90 days, $575,000, across 441 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 0 Terrace Ave been sold before?
Yes — Summitly has 1 earlier MLS® listing of 0 Terrace Ave on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.
Where is 0 Terrace Ave?
0 Terrace Ave is in Niagara Falls, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 0 Terrace Ave been on the market?
0 Terrace Ave was listed today (October 10, 2026).
What is the lot size of 0 Terrace Ave?
The lot is 50 acres, as published in the listing.
What is the land transfer tax on 0 Terrace Ave?
About $2,224 in Ontario land transfer tax at the asking price of $249,900. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 0 Terrace Ave or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.