Niagara Falls

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Single Family homes in Niagara Falls can be purchased for under $200K. At the $300K price point large homes, over 3000 sq/ft, or heritage brick homes area available. Home prices depend on location, age of the home, and size of the dwelling. Neighbourhoods within Niagara Falls include: Clifton Hill, Cherrywood Acres, Drummond Hill, Fallsview, Drummondville, Lundy’s Lane, River Road, Glenview, and Stamford Village.

Niagara Falls is a city in Southern Ontario which, as you may have guessed, is located near the world famous Niagara Falls. Niagara Falls in part of the ‘Golden Horseshoe’ and is surrounded by other cities and municipalities including: St. Catharines, Thorold, and Welland to the west, Port Colborne and Fort Erie to the south, Niagara Falls, NY to the east, and Niagara-On-The-Lake to the North. Toronto is about 130 kilometres or 1.5 hours from Niagara Falls, Hamilton is about 85 kilometres or 1 hour away, and Buffalo, NY is only about 40 kilometres or half an hour away.

The economy in Niagara Falls in based mostly around the tourism industry, but the size of the tourism industry makes trickle down effects very noticeable and important. In the 1990’s the Ontario government began to allow casinos to setup, helping Niagara Falls pull American tourists across the border. In general Niagara Falls follows Ontario real estate trends like other medium size cities. The slow down in manufacturing and high Canadian dollar has taken its toll on the area.

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Statistics and information courtesy of StatsCan and Wikipedia.