Home with vinyl exterior material, street for 4208 Terrace Ave, Niagara Falls Ontario L2E 2J4
5 days on Market

4208 Terrace Ave, Niagara Falls, Ontario L2E 2J4

Detached
3
2
~1100-1500 sqft
$459,900
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Detached
3
2
~1100-1500 sqft

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Highlights

Property Estimate

Days on market5 days

Estimated valueNot available

Price/Sqft$362/sqft

Monthly cost

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Description

Prime Niagara Falls investment and redevelopment opportunity! Located just steps from the Niagara River and Great Wolf Lodge, this updated two storey home offers exceptional flexibility for investors, end-users, and developers alike. Featuring approximately 1,410 sq. ft. of living space, 3 bedrooms, 2 bathrooms, a partially finished basement, detached garage, and fenced yard, the property has been well maintained and is ready for immediate occupancy or leasing. Its desirable location near Niagara's tourism district, casinos, downtown core, Rainbow Bridge, public transit, and major transportation routes makes it an attractive option for both tenants and future owners.Beyond its immediate income and lifestyle potential, this property also presents a unique long-term opportunity. The neighboring property at 4115 May Avenue is available for purchase separately, creating the possibility of a larger land assembly for future redevelopment. Buyers looking to secure a strategic position in one of Niagara Falls' most dynamic growth areas will appreciate the added flexibility and upside potential. Whether you're seeking a turnkey investment, a future rental property, or a site with development possibilities, 4208 Terrace Avenue offers exceptional value in a highly desirable location. Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses, and future development opportunities.


Property Details

Style2-Storey
ViewBridge, Downtown, Lake, Skyline, Water
Age of property100+
SqFt~1100-1500 SqFt
Lot Size3,250 SqFt(65 x 50)
Parking Spaces3
MLS ®NumberX13500956
Community NameElgin
Data SourceTRREB
Listing byHomeLife Power Realty Inc

Features

Heating: Forced Air
Cooling: Central Air
Basement: Unfinished

Main Floor

Kitchen

4.14 x 3.51

Dining

3.48 x 4.44

Living

3.48 x 3.51

Bathroom

2.51 x 1.47

3 Pc Bath


Features

Lot size: 3,250 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 2

Total parking spaces 3


Property History

Jun 29, 2026
ListedActive
$459,900
5 days on market
history photo preview10
Listing by trreb®
Property listed by HomeLife Power Realty Inc, Brokerage
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Market Data - Elgin

Geo Zone Map ThumbnailElgin

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

33 days

Compared to

2025

30 days

2024

36 days

2023

39 days

New Listings

Past 30 days

34 listings

Compared to

2025

38 listings

2024

37 listings

2023

39 listings

Units sold

Past 30 days

10 units

Compared to

2025

14 units

2024

10 units

2023

15 units

Median Sold Price

Past 30 days

$422,500

Compared to

2025

$436,750

2024

$445,000

2023

$565,000


Population and Demographics

Overview

Total population 9664
Average household income $80,133

Age (%)

0 to 19
17%
20 to 34
20%
35 to 49
18%
50 to 64
23%
65 and plus
22%

Household composition (%)

Single family
49%
Single person
43%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
86%
Others
6%
Italian
3%
French
2%
Spanish
2%

House tenancy (%)

Owners
54%
Renters
46%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget