Discover this bright, spacious and move-in ready 3-bedroom home in a fantastic Niagara Falls neighbourhood, perfect for first-time buyers! Larger than it appears from the street, this well-maintained property offers excellent value and turn-key living.The main floor features a large living room, a formal dining room with patio doors to the back deck, and a generous eat-in kitchen ideal for family meals. You'll love the convenience of main floor laundry, a 2-piece powder room, and a third bedroom (or home office) on this level. Upstairs you'll find two additional large bedrooms and an updated 4-piece bathroom. The basement offers great potential for future finishing, providing flexibility to grow with your family. Additional highlights include a generous garage with plenty of storage and parking. This solid, well-cared-for home is clean, functional, and ready for you to simply move in and enjoy. Close to schools, parks, and amenities, it's an ideal starter home in a great location. Don't miss out!
3 bedrooms, 1 bathroom, about 1,100 sq ft, works out to roughly $418 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 5223 Palmer Ave
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
1100-1500 sq ftas stated on the listing
Parking
5 spacesYes garage
Basement
Unfinished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
5
Interior
Basement
Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
5223 Palmer 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
$2,259
/mo
based on the purchase price of $459,900
$91,980 cash
$367,920 financed
$309,885 total interest
Principal54%$367,920
Interest46%$309,885
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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Similar homes for sale nearby in Niagara Falls
Other 2–4 bed homes for sale in Niagara Falls around $460K.
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.
5223 Palmer Ave is listed at $459,900 (MLS® X13517296). Summitly updates the price as soon as the MLS® record changes.
Is $459,900 a good price for 5223 Palmer Ave?
Summitly rates it Excellent Deal: the asking price is 10% or more below 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 5223 Palmer Ave changed?
Yes — it was first listed at $499,000 and is now $459,900, a drop of $39,100 (7.8%).
How many bedrooms and bathrooms does 5223 Palmer Ave have?
5223 Palmer Ave has 3 bedrooms and 1 bathroom, with about 1,100–1,500 square feet of living space. It is a detached home in Niagara Falls.
Is 5223 Palmer Ave close to transit?
The nearest rapid-transit station is Niagara Falls GO Station (Lakeshore West GO), about 1.2 km (about a 15-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 5223 Palmer Ave?
About $2,259 a month — principal and interest on $459,900 with 20% down ($91,980), 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 5223 Palmer Ave compare with other homes in Niagara Falls?
Its asking price of $459,900 is about 19% 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 5223 Palmer Ave been sold before?
Summitly has no earlier MLS® sale or lease of 5223 Palmer Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5223 Palmer Ave?
5223 Palmer Ave is in Niagara Falls, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5223 Palmer Ave been on the market?
112 days — 5223 Palmer Ave was listed on July 3, 2026.
What is the price per square foot of 5223 Palmer Ave?
About $307 to $418 per square foot: the asking price of $459,900 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 5223 Palmer Ave have parking or a garage?
Yes — the listing gives 5 parking spaces. Garage: Yes.
