5470 Lewis Ave is a land in Niagara Falls, listed for $265,000.
1Investor And Builder Opportunity In Niagara Falls, Close To Clifton Hill, Casino Niagara And The Falls view Tourist District.Newly Severed Lot With Existing Detached Garage.
2Zoned Deferred Tourist Commercial (DTC) Under By Law 79-200, As Amended By By-law 2012-060.
3Lot Dimensions And Area Per Reference Plan 59R-18575.Garage Sold As Is, Where Is.
How can Zara help?Zara · AI virtual agent · 24/7 · free
Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Lots & Land in Niagara Falls
About 5470 Lewis Avenue
Investor And Builder Opportunity In Niagara Falls, Close To Clifton Hill, Casino Niagara And The Falls view Tourist District.Newly Severed Lot With Existing Detached Garage. Zoned Deferred Tourist Commercial (DTC) Under By Law 79-200, As Amended By By-law 2012-060. Residential Use Including A Detached Dwelling With Additional Dwelling Units May Be Permitted, Subject To Zoning Compliance And City Approvals. Lot Dimensions And Area Per Reference Plan 59R-18575.Garage Sold As Is, Where Is. Buyers And Their Representatives To Independently Verify Zoning, Permitted Uses, Servicing, Connection Costs, Development Charges And Building Permits With The City Of Niagara Falls.Property Taxes: Not Yet Assessed! Newly Severed Lot, Mpac Reassessment Pending.
Niagara Falls land priced at $265,000 — book a tour to see if it fits your search.
Inside 5470 Lewis 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
5470 Lewis Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14102414$265,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 5470 Lewis Ave Compares to the Niagara Falls Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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
$1,302
/mo
based on the purchase price of $265,000
$53,000 cash
$212,000 financed
$178,560 total interest
Principal54%$212,000
Interest46%$178,560
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
Own a home on Lewis Avenue? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 5470 Lewis Ave with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 5470 Lewis Ave day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
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 $265K.
Average days on market43Homes sold in about 43 days on average.
Sale-to-list ratio96.5%On average, homes sold below asking.
Active listings751Homes 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.
5470 Lewis Ave is listed at $265,000 (MLS® X14102414). Summitly updates the price as soon as the MLS® record changes.
Has the price of 5470 Lewis Ave changed?
No — 5470 Lewis Ave is still listed at its original asking price of $265,000.
How many bedrooms and bathrooms does 5470 Lewis Ave have?
The listing for 5470 Lewis Ave doesn't publish its bedroom and bathroom count. It is a lot in Niagara Falls.
Is 5470 Lewis Ave close to transit?
The nearest rapid-transit station is Niagara Falls GO Station (Lakeshore West GO), about 1.9 km (about a 23-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 5470 Lewis Ave?
About $1,302 a month — principal and interest on $265,000 with 20% down ($53,000), 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 5470 Lewis Ave compare with other homes in Niagara Falls?
Its asking price of $265,000 is about 53% 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 5470 Lewis Ave been sold before?
Summitly has no earlier MLS® sale or lease of 5470 Lewis Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5470 Lewis Ave?
5470 Lewis Ave is in Niagara Falls, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5470 Lewis Ave been on the market?
2 days — 5470 Lewis Ave was listed on October 21, 2026.
What is the land transfer tax on 5470 Lewis Ave?
About $2,450 in Ontario land transfer tax at the asking price of $265,000. 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 5470 Lewis 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.
What is the property tax for 5470 Lewis Ave?
The listing for 5470 Lewis Ave doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Niagara Falls.
