Don't miss this rare opportunity to own a breathtaking waterfront vacant lot, measuring 180 x 256 ft. This approved building lot is ready for your dream home with a main floor plan of 1,818 sqft and a 32 ft building height. The property also qualifies for severance, allowing for the potential to create two lots (severance cost estimated at $30K-$40K). An exciting new development is planned just across the street, featuring detached homes, townhouses, and commercial plazas, starting as soon as next year. The lot benefits from an existing sanitary sewer system in the area, with a wastewater treatment plant underway to support future growth. Imagine living just steps from Fallsview Casino, Niagara Falls, the charming Village of Chippawa, a new hospital, popular restaurants, shopping, a marina, and beautiful walking/biking trails. This prime location also offers easy access to the QEW. Build your dream home with stunning waterfront views or take advantage of the severance opportunity to create two lots for future homes. The possibilities are endless; come and see this exceptional lot for yourself! **EXTRAS** ***SEE Attachments to the listing!***
works out to roughly $529 per square foot. Chat with Zara if you'd like a deeper read on whether this land fits your budget and timing.
Inside 294 Lyon's Creek Rd
Every detail from the listing, in one place.
Type
Land
Style
Other
Living space
< 700 sq ftas stated on the listing
Features & systems
Parking & garage
Parking spaces
0
Lot & land
Lot size (sqft)
36145.18
Listing & possession
Property style
Other
Property class
Vacant Land
294 Lyon's Creek Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13722842$370,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 294 Lyon's Creek Rd Compares to the Niagara Falls Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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
$1,818
/mo
based on the purchase price of $370,000
$74,000 cash
$296,000 financed
$249,310 total interest
Principal54%$296,000
Interest46%$249,310
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
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 $370K.
Average days on market43Homes sold in about 43 days on average.
Sale-to-list ratio96.5%On average, homes sold below asking.
Active listings749Homes for sale here right now.
Median vs prior 90 days+4.4%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 426 sales from Jul 25 – Oct 23, 2026 (294 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 294 Lyon's Creek Rd
How much is 294 Lyon's Creek Rd listed for?
294 Lyon's Creek Rd is listed at $370,000 (MLS® X13722842). Summitly updates the price as soon as the MLS® record changes.
Is $370,000 a good price for 294 Lyon's Creek Rd?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% above Zara's estimate, an estimate built from recent sales in Niagara Falls. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 294 Lyon's Creek Rd changed?
No — 294 Lyon's Creek Rd is still listed at its original asking price of $370,000.
How many bedrooms and bathrooms does 294 Lyon's Creek Rd have?
294 Lyon's Creek Rd has about 700 square feet of living space. The listing doesn't publish a bedroom or bathroom count. It is a lot in Niagara Falls.
How much would the monthly mortgage be on 294 Lyon's Creek Rd?
About $1,818 a month — principal and interest on $370,000 with 20% down ($74,000), 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 294 Lyon's Creek Rd compare with other homes in Niagara Falls?
Its asking price of $370,000 is about 35% below the median sold price in Niagara Falls over the last 90 days, $569,250, across 426 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 294 Lyon's Creek Rd been sold before?
Summitly has no earlier MLS® sale or lease of 294 Lyon's Creek Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 294 Lyon's Creek Rd?
294 Lyon's Creek Rd is in Niagara Falls, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 294 Lyon's Creek Rd been on the market?
56 days — 294 Lyon's Creek Rd was listed on August 28, 2026.
What is the price per square foot of 294 Lyon's Creek Rd?
About $529 per square foot: the asking price of $370,000 over the 700 sq ft the listing gives.
What is the land transfer tax on 294 Lyon's Creek Rd?
About $4,025 in Ontario land transfer tax at the asking price of $370,000. 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 294 Lyon's Creek Rd 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.