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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Lots & Land in Niagara Falls
About 5849 Mcleod Road
Outstanding investment opportunity in a fast-growing Niagara neighborhood! This vacant parcel features R4 zoning for residential development. Located just minutes from the Falls, the property benefits from previous permit approvals and all municipal services ready at the lot line. Capitalize on a high-demand area with significant development potential.
Niagara Falls land priced at $1 — book a tour to see if it fits your search.
Inside 5849 Mcleod Rd
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Vacant Land
5849 Mcleod 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® X13708812$1
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 5849 Mcleod Rd 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
$0
/mo
based on the purchase price of $1
$0 cash
$1 financed
$1 total interest
Principal54%$1
Interest46%$1
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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Book a tour of 5849 Mcleod Rd with a licensed buyer's agent
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Zara · AI virtual agent
Ask about 5849 Mcleod Rd day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
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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.
Average days on market43Homes sold in about 43 days on average.
Sale-to-list ratio96.5%On average, homes sold below asking.
Active listings732Homes 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.
5849 Mcleod Rd is listed at $1 (MLS® X13708812). Summitly updates the price as soon as the MLS® record changes.
Has the price of 5849 Mcleod Rd changed?
No — 5849 Mcleod Rd is still listed at its original asking price of $1.
How many bedrooms and bathrooms does 5849 Mcleod Rd have?
The listing for 5849 Mcleod Rd doesn't publish its bedroom and bathroom count. It is a lot in Niagara Falls.
Is 5849 Mcleod Rd close to transit?
The nearest rapid-transit station is Niagara Falls GO Station (Lakeshore West GO), about 4.7 km 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 5849 Mcleod Rd?
About $0 a month — principal and interest on $1 with 20% down ($0), 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 5849 Mcleod Rd compare with other homes in Niagara Falls?
Its asking price of $1 is about 100% 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 5849 Mcleod Rd been sold before?
Summitly has no earlier MLS® sale or lease of 5849 Mcleod Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5849 Mcleod Rd?
5849 Mcleod Rd is in Niagara Falls, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5849 Mcleod Rd been on the market?
60 days — 5849 Mcleod Rd was listed on August 24, 2026.
What is the lot size of 5849 Mcleod Rd?
The lot is 50 acres, as published in the listing.
What is the land transfer tax on 5849 Mcleod Rd?
About $0 in Ontario land transfer tax at the asking price of $1. 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 5849 Mcleod 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.