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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
$1,375
/mo
based on the purchase price of $279,900
$55,980 cash
$223,920 financed
$188,599 total interest
Principal54%$223,920
Interest46%$188,599
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 homes for sale in Niagara Falls around $280K.
Average days on market46Homes sold in about 46 days on average.
Sale-to-list ratio96.5%On average, homes sold below asking.
Active listings687Homes for sale here right now.
Median vs prior 90 days+6.5%Compared with May 10 – Aug 8, 2026: prices up.
Based on 445 sales from Aug 8 – Nov 6, 2026 (293 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About Lot 5 Montrose Rd
How much is Lot 5 Montrose Rd listed for?
Lot 5 Montrose Rd is listed at $279,900 (MLS® X12828838). Summitly updates the price as soon as the MLS® record changes.
Has the price of Lot 5 Montrose Rd changed?
No — Lot 5 Montrose Rd is still listed at its original asking price of $279,900.
How many bedrooms and bathrooms does Lot 5 Montrose Rd have?
The listing for Lot 5 Montrose Rd doesn't publish its bedroom and bathroom count. It is a lot in Niagara Falls.
How much would the monthly mortgage be on Lot 5 Montrose Rd?
About $1,375 a month — principal and interest on $279,900 with 20% down ($55,980), 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 Lot 5 Montrose Rd compare with other homes in Niagara Falls?
Its asking price of $279,900 is about 51% below the median sold price in Niagara Falls over the last 90 days, $575,000, across 445 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 Lot 5 Montrose Rd been sold before?
Summitly has no earlier MLS® sale or lease of Lot 5 Montrose Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is Lot 5 Montrose Rd?
Lot 5 Montrose Rd is in Niagara Falls, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has Lot 5 Montrose Rd been on the market?
253 days — Lot 5 Montrose Rd was listed on February 26, 2026.
What is the lot size of Lot 5 Montrose Rd?
The lot is 25.995 acres, as published in the listing.
What is the land transfer tax on Lot 5 Montrose Rd?
About $2,674 in Ontario land transfer tax at the asking price of $279,900. 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 Lot 5 Montrose 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.
What is the property tax for Lot 5 Montrose Rd?
The listing for Lot 5 Montrose Rd doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Niagara Falls.