5056 FOURTH Avenue
Niagara Falls, Ontario
4 bed • 2 bath • Single Family
Charming 4-bedroom home offering exceptional value at $439,000. Featuring high ceilings, hardwood flooring, and spacious principal rooms, this home blends character with everyday functionality. The updated kitchen showcases quartz countertops and provides access to a low-maintenance backyard. A unique feature of the home is the separate front entrance leading to the main-floor bedroom and access to the partially finished basement, offering added flexibility for multi-generational living, a home-based business, or potential investment opportunities. The main-floor bedroom can also serve as a guest room, office, or additional living space. Upstairs, you'll find three bedrooms, a spacious landing ideal for a study or workspace, and a 4 piece bathroom with a deep soaker tub. The partially finished basement includes a rec room, 2 piece bath, and laundry area. Conveniently located within walking distance of downtown amenities, schools, parks, restaurants, and shopping, with quick highway access for commuters. A great opportunity for first-time buyers, growing families, or investors looking for a property with flexibility and potential.
Price History
Schools
Elementary
- Valley Way Public School0.3 km
Public · DSB Niagara · 300 students
Grade 3 reading: 79% met the provincial standard · Grade 6 math: 40% met the provincial standard
- Simcoe Street Public School0.5 km
Public · DSB Niagara · 285 students
Grade 3 reading: 83% met the provincial standard · Grade 6 math: 56% met the provincial standard
- St Patrick Catholic Elementary School0.7 km
Catholic · Niagara CDSB · 185 students
Grade 3 reading: 100% met the provincial standard
Secondary
- Stamford Collegiate2 km
Public · DSB Niagara · 805 students
Grade 10 literacy: 80% met the provincial standard
- A N Myer Secondary School3.1 km
Public · DSB Niagara · 1155 students
Grade 10 literacy: 89% met the provincial standard
- Saint Paul Catholic High School3.2 km
Catholic · Niagara CDSB · 790 students
Grade 10 literacy: 84% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L2E
- Population
- 18,587
- Private dwellings
- 9,017
- Median age
- 46.4
- Average household size
- 2.2
- Median household income
- $60,800
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Niagara Falls · last 12 months
- Median sold price
- $561,000
- Homes sold
- 1,071
- Median days on market
- 31
- Sale-to-list price
- 96.2%
Based on 1,071 recorded sales of single family properties in Niagara Falls over the last 12 months.
Walk Score
Walk
Transit
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Scores by Walk Score®
Location
Mortgage Calculator
$87,800
Estimated Monthly Payment
$2,157
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,157/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $110/mo
Estimates only. Consult a financial advisor.
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