For SaleDetached · 1 1/2 StoreyMLS® #X14083208 · TRREB MLS®
5315 Ontario Ave, Niagara Falls, Ontario
Downtown, Niagara Falls, Ontario L2E 3R7
- Bedrooms
- 3+1
- Lot Size
- 43 x 127.5 ft
- Bathrooms
- 2
- Type
- Detached
- Basement
- Full
$649,900
Estimated market value
About 5315 Ontario Ave
5315 Ontario Ave is a 3+1-bedroom, 2-bathroom detached house in Downtown, Niagara Falls, listed for sale at an asking price of $649,900 (MLS® X14083208).
Welcome to 5315 Ontario Avenue, Niagara Falls! Discover this beautifully renovated and charming 1.5-storey detached home, ideally situated just minutes from the Niagara River, scenic parks, and world-famous Niagara Falls attractions. Featuring a spacious covered front porch overlooking a tennis court and children's playground, this home offers the perfect combination of comfort, convenience, and investment potential. The bright, open-concept main floor boasts an inviting living and dining area, a modern kitchen with a center island offering seating for four, a generously sized bedroom, a 4-piece bathroom, and convenient main-floor laundry. Upstairs, enjoy a sun-filled, spacious primary bedroom and a versatile loft, perfect for a home office, study area, family room, or entertainment space. The newly renovated finished basement features a separate entrance, one bedroom, a 4-piece bathroom, a kitchen, a combined living and dining area, and a second laundry area, offering excellent potential for rental income or extended family living. Additional highlights include a detached double-car garage, parking for 4+ vehicles on the driveway, and a private backyard with no rear neighbors, backing onto the scenic Olympic Torch Run Trail. Conveniently located close to Clifton Hill, casinos, shopping, restaurants, parks, schools, and public transit just steps away. Whether you're a first-time homebuyer, growing family, or investor seeking additional income potential, this move-in-ready property offers incredible versatility and value. A fantastic opportunity in a prime Niagara Falls location! Don't miss it!
Insights
Condition Score
Good2 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even−$264/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 30 detached homes with 4 bedrooms for lease in Niagara Falls right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $3,585 / 2026
- MLS® number
- X14083208
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 51-99
- Days on market
- Size
- 1100-1500 sqft
- Lot Size
- 43 x 127.5 ft
- Listed on
- Parking
- 2 Detached, 6 Parking
Listing history
Buy/sell history for 5315 Ontario Ave, Niagara Falls, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $649,900 | N/A | For Sale | X14083208 |
Members see the full history. Prices are hidden from signed-out visitors.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Michelle Lacroix for a full comparative market analysis.
Property details
Property
- Property Type
- Detached
- Style
- 1 1/2 Storey
- Community
- Downtown
- Municipality
- Niagara Falls
Building
- Size
- 1100-1500 sqft
- Building Age
- 51-99
- Construction
- Vinyl Siding
Inside
- Bedrooms
- 3+1
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc, 1 × 4pc
- Basement Type
- Full
- Kitchens
- 2
Parking
- Driveway
- Private
- Garage Type
- Detached
- Garage
- 2
- Additional Parking
- 4
- Total Parking
- 6
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 43 ft
- Depth
- 127.5 ft
- Lot Size
- 43 x 127.5 ft
Additional
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- All existing window coverings, All existing electrical Light Fixtures, 2 stove, 2 fridge, 2 washer, 2 dryer, Built-in Dishwasher.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.12 × 3.96 m | hardwood floor, Large Window, Combined W/Dining | Main |
| Kitchen | 2.74 × 3.66 m | Stainless Steel Appl, Ceramic Floor, Ceramic Back Splash | Main |
| Dining | 2.13 × 3.05 m | hardwood floor, Combined W/Living, Large Window | Main |
| Br | 1.0 × 3.45 m | hardwood floor, Large Window, Closet | Main |
| Bathroom | 1.25 × 2.43 m | 4 Pc Bath, Ceramic Floor, Window | Main |
| 2nd Br | 4.55 × 4.65 m | hardwood floor, Window, Closet | 2nd |
| Loft | 3.35 × 3.48 m | hardwood floor, Window, Closet | 2nd |
| Kitchen | 3.12 × 5.38 m | Stainless Steel Appl, Quartz Counter, Pot Lights | Bsmt |
| 3rd Br | 2.74 × 3.05 m | Laminate, Pot Lights, Closet | Bsmt |
| Bathroom | 1.15 × 2.2 m | 4 Pc Bath, Ceramic Floor, Window | Bsmt |
Map and tour
Detached homes for sale in Downtown right now
- For sale now
- 44
- Median asking price
- $527K
- New in 7 days
- 2
- Price cuts
- 27%
Middle half: $415K to $725K
12 in 28 days
12 listings
This home is asking 23% above the median.
See all homes in DowntownAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Land transfer tax on this home
- Ontario land transfer tax
- $9,473
- Total land transfer tax
- $9,473
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $5,473
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $649,900
- $4,998
- Ontario total
- $9,473
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Simcoe Street Public SchoolDSB Niagara | Public · grades JK–8 | 550 m | 80%Grade 6 average |
| St Patrick Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 1 km | 97%Grade 3 average |
| Valley Way Public SchoolDSB Niagara | Public · grades JK–8 | 1.3 km | 63%Grade 6 average |
| ÉÉC Saint-AntoineConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 2.4 km | 53%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Stamford CollegiateDSB Niagara | Public · grades 9–12 | 2.7 km | 62%Grade 9 math |
| A N Myer Secondary SchoolDSB Niagara | Public · grades 9–12 · French Immersion | 3.9 km | 74%Grade 9 math |
| Saint Paul Catholic High SchoolNiagara CDSB | Catholic · grades 9–12 · French Immersion | 4.1 km | 81%Grade 9 math |
| Westlane Secondary SchoolDSB Niagara | Public · grades 9–12 | 5.4 km | 66%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Niagara Falls GO | GO Transit train: Lakeshore West | 1.1 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Lot
- Lot area
- 5,483 sq ft509 m²
- Street frontage
- 43 ft13.1 m
- Depth
- 127.5 ft38.9 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $129,980
- Total mortgage amount
- $519,920
- Total interest payment
- $369,580
- Total purchase cost
- $1,019,480
- Mortgage payment
- $2,965/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
27%Monthly carrying cost
$3,264- Rent $3,000
- Shortfall $264
Rental income opens at $3,000, the median asking rent of 30 comparable homes for lease in Niagara Falls. Type over it with the rent you expect. This is a planning tool, not advice.
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Sold prices in Downtown are shown to signed-in members.