Townhouses for Sale in Niagara Falls, ON

The most popular neighbourhoods in Niagara Falls are Garner - Niagara Falls, Mulhern and Munro. We isolate these neighbourhoods by looking at various factors that convey an area's desirability. Some of these factors include the average sale price, how much time a property typically spends on market, and the number of homes that have sold over asking.

Niagara Falls' most priciest neighbourhoods are Niagara River Parkway, Nichols and Shriners. Neighbourhoods are ranked by assessing the average sold price during the past 12 months, and compared to all of the other neighbourhoods in the city. If you're looking for value, Niagara Falls' priciest neighbourhoods may not be ideal. Instead, check out Munro, Portage and Cummings - Niagara Falls for other alternatives.

Every city has neighbourhoods where property values tend to be cheaper - and in Niagara Falls they are Hyott, Glenview and Royal Manor. We isolate these neighbourhoods by looking at the average sold price over a set period of time. Overall, houses in Niagara Falls are selling for an average of $756,196.

Homeownership in Niagara Falls comes with a number of expenses, one of them being property taxes. This tax is essential in helping the city provide a number of services, including sewer protection and road maintenance. Each year, your municipality will determine its property tax rate, which typically lands between 0.5 and 2.5%. This tax is not necessarily dictated by the size of your house, which is what many Niagara Falls homeowners tend to believe. But rather, the city's tax rate is multiplied by the property's current market value - and that can fluctuate year-to-year based on recently sold homes. If your home's market value is $500,000, and the municipal property tax rate is 1% - your property tax for that year would be $5,000.

Strata.ca features all listings in Niagara Falls, updated multiple times daily - you won't ever miss a property when using this platform. But why settle for basic property details when you could unlock Niagara Falls' real estate history! This kind of intel can give you an edge in the local market.

Niagara Falls has a walk score of 7, making it hard to get around the city without a car. Meanwhile, the transit score is 0, making it more challenging to get around the city using public transportation. For cyclists, the neighbourhood offers a bike score of 28, meaning there is limited bike infrastructure.

A common mistake buyers make is overlooking the closing costs associated with purchasing a house in Niagara Falls. These fees are standard in real estate, but can still catch you off guard if you're unprepared. Buyers are not allowed to roll closing costs into their mortgage. So be prepared to budget anywhere up to 2% of the purchase price. For instance, 2% on a $600,000 house in Niagara Falls would require $12,000 to be set aside for closing day. The land transfer tax will make up most of your closing costs. In Canada, all buyers are subject to the LTT imposed by the province. First-time homebuyers could be eligible to receive a rebate on a portion of taxes paid. And finally, when buying a home in Niagara Falls, you'll need a real estate lawyer to close the deal. Although fees can vary, expect to set aside somewhere around $1,500 - $2,000 on closing to cover your legal costs.