




5315 Ontario Avenue, Niagara Falls, ON
L2E 3R7
Listed October 15, 2026
Virtual Tour
About this property
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!
Features
Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 5315 Ontario Avenue — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$129,980 · Minimum $39,990
Use the rate your lender or broker quotes you.
Monthly costs
From the listing (2026 tax bill).
Leave at $0 if there isn't one.
Typical for this kind of home.
Hydro, heating, water and sewer.
About 1% of the price a year, set aside.
One-time costs
A typical estimate — your lawyer will confirm.
Estimated monthly cost of ownership
$4,171/mo
About $50,052 a year
- $2,875
- $299
- Home insurance$125
- Utilities$330
- Maintenance & repairs$542
Cash needed to close
- Down payment (20%)
- $129,980
- Ontario land transfer tax
- $9,473
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $141,953
Estimates only — not a mortgage approval, quote or tax advice. Payments assume a fixed rate compounded semi-annually; minimum down payments, mortgage insurance and land transfer tax follow current CMHC and Ontario rules. Insurance, utilities and upkeep are typical figures for the area. Your lender, lawyer and insurer will confirm your exact costs.
Location & Walkability
5315 Ontario Avenue, Niagara Falls, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: October 15, 2026
Listing Office: RE/MAX REALTY SERVICES INC.
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