UPDATED 3+1 BEDRMS 2 Bathrm home in the central location of niagara falls. Just around the corner from river rd, walking distance to go train, shops, restaurants. Updgrades include: roof, windows, kitchen, bathroom, flooring, electrical, plumbing, tankless water heater, front porch w/ night lights, etc. GAS fireplace IN LIVRM, DINRM W/ Walkout to the new back deck and good sized, fully fenced back yard. Finished basement w/bedrm, 2nd bathrm and spacious rec.RM, Single car attached garage, concrete driveway and much more!
3 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $784 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 5060 Ontario Ave
Every detail from the listing, in one place.
Type
Detached
Style
1 1/2 Storey
Living space
700-1100 sq ftas stated on the listing
Parking
3 spacesYes garage
Basement
Finished, Walk-Up
Features & systems
Parking & garage
Garage
Yes
Parking spaces
3
Interior
Basement
Finished · Walk-Up
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 1/2 Storey
Property class
Detached
5060 Ontario 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
$2,697
/mo
based on the purchase price of $549,000
$109,800 cash
$439,200 financed
$369,922 total interest
Principal54%$439,200
Interest46%$369,922
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.
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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 2–6 bed homes for sale in Niagara Falls around $549K.
Average days on market43Homes sold in about 43 days on average.
Sale-to-list ratio96.5%On average, homes sold below asking.
Active listings741Homes for sale here right now.
Median vs prior 90 days+4.2%Compared with Apr 29 – Jul 28, 2026: prices up.
Based on 434 sales from Jul 28 – Oct 26, 2026 (300 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
5060 Ontario Ave is listed at $549,000 (MLS® X13602196). Summitly updates the price as soon as the MLS® record changes.
Is $549,000 a good price for 5060 Ontario Ave?
Summitly rates it Well Above Market: the asking price is 15% or more 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 5060 Ontario Ave changed?
Yes — it was first listed at $569,000 and is now $549,000, a drop of $20,000 (3.5%).
How many bedrooms and bathrooms does 5060 Ontario Ave have?
5060 Ontario Ave has 3 bedrooms and 2 bathrooms, with about 700–1,100 square feet of living space. It is a detached home in Niagara Falls.
Is 5060 Ontario Ave close to transit?
The nearest rapid-transit station is Niagara Falls GO Station (Lakeshore West GO), about 880 m (about a 11-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 5060 Ontario Ave?
About $2,697 a month — principal and interest on $549,000 with 20% down ($109,800), 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 5060 Ontario Ave compare with other homes in Niagara Falls?
Its asking price of $549,000 is about 4% below the median sold price in Niagara Falls over the last 90 days, $569,250, across 434 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 5060 Ontario Ave been sold before?
Summitly has no earlier MLS® sale or lease of 5060 Ontario Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5060 Ontario Ave?
5060 Ontario Ave is in Niagara Falls, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5060 Ontario Ave been on the market?
94 days — 5060 Ontario Ave was listed on July 24, 2026.
What is the price per square foot of 5060 Ontario Ave?
About $499 to $784 per square foot: the asking price of $549,000 over the 700–1,100 sq ft the listing gives as its size range.
Does 5060 Ontario Ave have parking or a garage?
Yes — the listing gives 3 parking spaces. Garage: Yes.
