Niagara Falls Real Estate

Listings last updated 08/02/2020
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Real estate roundup: Niagara Falls, ON housing market overview

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There are 351 houses for sale in Niagara Falls, ON.

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Niagara Falls is a city located on the southern end of Ontario.

With a population of roughly 390,000 individuals and approximately 1,400 square kilometers of occupied land, it is one of the smaller cities in the Canadian province.

This city is particularly interesting because it is located right on the Canada-USA border, and right across from the Niagara River is the city of Niagara Falls, New York.

This can create some confusion between people when they talk about the city Niagara Falls!

iagara Falls is considered to be an international hotspot for tourism, and this is largely thanks to the three large waterfalls in the Niagara River that are aptly referred to as the ‘Niagara Falls’ – The Horseshoe Falls, the American Falls, and the Bridal Veil Falls (largest to smallest).

Due to its rural nature, you will only find fully detached homes in Niagara West that have an old-fashioned look to them, both inside and out.


Niagara Falls, Ontario

Niagara Falls, Ontario
  • Country: Canada

  • Province: Ontario

  • Nickname(s): "The Honeymoon Capital of the World"

  • Population: 82,997 

  • Area:

    Land: 209.71 km2

    Urban: 382.68 km2

    Metro: 1,397.50 km2

Entertainment and Tourism

Niagara Falls is considered to be an international hotspot for tourism, and this is largely thanks to the three large waterfalls in the Niagara River that are aptly referred to as the ‘Niagara Falls’ – The Horseshoe Falls, the American Falls, and the Bridal Veil Falls (largest to smallest). Tourists will often remark on the sheer beauty of these waterfalls, and there are multiple ways through which they can be observed. Many times a day, tourists will be able to take a boat ride to see the falls for themselves while learning some historical facts about how the waterfall came to be. Alternatively, visitors can choose to explore the tunnels that provide a unique perspective of the waterfalls from the ground level looking up. Outside of this worldwide phenomenon, there are several options to keep citizens and visitors occupied. The Skylon Tower provides the highest view of the city and gives a sky-high perspective of the waterfalls as well. Some people say that certain parts of Toronto are visible if you look hard enough. There are also two casinos for those who wish to partake in some gambling, and those interested in some wacky history should visit the local Ripley’s Believe It or Not Museum.

Entertainment and Tourism

Main Sections of the City

When it comes to discussing districts within Niagara Falls, it is generally perceived as four separate areas: Niagara West, Niagara Center, Niagara Falls, and St. Catharines.

Niagara Falls

Niagara Falls is made up of Fort Erie, Niagara-on-the-Lake, and the Niagara Falls themselves. All of the major shopping districts, heritage centers, and fine dining restaurants are situated within this area. As you can imagine, this area is very heavy in terms of daily traffic. Expect to find a high concentration of young professionals who are situated in this area in the hopes of advancing their careers.


Niagara West

Niagara West is comprised of the Grimsby, Lincoln, West Lincoln, Pelham, and Wainfleet communities. It is the most rural area of Niagara Falls, being home to several conservation areas, farms, and open spaces for hiking and cycling. If you want to see how some of the local fruit is produced, head on down to Vineland and see how the process starts from a seed to a fruit in in the palm of your hand.

Niagara Center

Thorold, Welland, and Port Colborne are the three districts that make up Niagara Center. Many of the industrial companies in Niagara Falls tend to be aggregated within this area, providing ample employment to its residents. You can expect to find several historical centers and heritage buildings dedicated to the history of Niagara Falls. There are also several recreational facilities for those who prefer to engage in athletic activities in their free time.

Real Estate Market

Due to its rural nature, you will only find fully detached homes in Niagara West that have an old-fashioned look to them, both inside and out. To the surprise of many newcomers, these homes are rather affordable for middle and upper-class families. Homes in this area tend to come with a respectable amount of land that needs frequent care and maintenance. Niagara Center contains a healthy mix of homes: Townhomes, bungalows, fully detached traditional homes, low-rise condos, and apartments for rent. To put it literally, there is something for everybody of all family sizes and budgets in Niagara Center, which makes for an overall attractive real estate market.
Niagara Falls is by far the costliest of the four areas. Due to its prime location near all the main amenities, major entertainment hotspots, and large corporate businesses, people are fighting left and right to get one of the houses here. Most of the homes here are larger residential homes, mansions, and luxury high-rise condos that are situated within the Niagara Falls area or on the outskirts of the city.
St. Catharines tends to consist of semi-detached townhomes, low-rise condos, and fully detached homes with a modern finish to them. A particular attractive feature about these homes is that many of them have been recently furnished and renovated in the past decade or so. This has improved the value placed on these homes when they go up for sale.

  • Average Home Price: $354,900
  • Average Rent Price: $972
  • Average Condo Price: $$265,311
  • Average Detached Home Price: $454,900
Home Style Average Price
2 storey $315,777
Bungalow $260,029
Condo $265,311

The following table, based on data taken from the Canadian Real Estate Association (CREA’s) National MLS® Report for April 2016 (the latest information available), demonstrates how homes in LSTAR’s jurisdiction continue to maintain their affordability compared to other major Ontario and Canadian centers.



Niagara Falls is home to two post-secondary institutions: Brock University and Niagara College. Brock University is considered to be one of the best universities in the country for research and for having one of the highest post-graduate employment rates (+95%). Niagara College focuses on trades and applied skills within fields such as engineering, computer software, culinary studies, and much more. With approximately 80 English-dominant public elementary schools (K-8), 49 catholic English schools, and 40 francophone catholic schools, Niagara Falls offers plenty in the way of education for young children who are seeking education in English, French Immersion, or perhaps a combination of both.


Economic overview

One of the benefits of being located near three large waterfalls is the ability to establish a large source of hydroelectric power. This alone allows for the creation of several jobs within the alternative energy sector. Tourism and gambling are also major drivers of Niagara Fall’s economic stability and growth, continuing to expand in size and scope with each passing year. Due to Niagara Falls’ location, which is close to the US-Canada Border and the Greater Toronto Area, many small businesses are relocating their operations here in order to take advantage of the massive consumer network that is made available here. In particular, there has been a sharp rise in the presence of communications and transportation companies over the past two decades.

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