4208 Terrace Avenue, Niagara Falls, ON L2E 2J4
210 - Downtown, Niagara Falls · Near NIAGARA RIVER PARKWAY TO BUTTREY TO MAY AVENUE TO TERRACE. · View map
About this home
Prime Niagara Falls investment and redevelopment opportunity! Located just steps from the Niagara River and Great Wolf Lodge, this updated two storey home offers exceptional flexibility for investors, end-users, and developers alike. Featuring approximately 1,410 sq. ft. of living space, 3 bedrooms, 2 bathrooms, a partially finished basement, detached garage, and fenced yard, the property has been well maintained and is ready for immediate occupancy or leasing. Its desirable location near Niagara's tourism district, casinos, downtown core, Rainbow Bridge, public transit, and major transportation routes makes it an attractive option for both tenants and future owners.Beyond its immediate income and lifestyle potential, this property also presents a unique long-term opportunity. The neighboring property at 4115 May Avenue is available for purchase separately, creating the possibility of a larger land assembly for future redevelopment. Buyers looking to secure a strategic position in one of Niagara Falls' most dynamic growth areas will appreciate the added flexibility and upside potential. Whether you're seeking a turnkey investment, a future rental property, or a site with development possibilities, 4208 Terrace Avenue offers exceptional value in a highly desirable location. Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses, and future development opportunities.
The home
- Type
- 2-storey detached home
- Style
- 2-Storey
- Square footage
- 1100-1500 sq ft
- Bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 8
- Basement
- Unfinished
- Lot size
- 50 x 65 ft
- Faces
- North
- View
- Bridge, Downtown, Lake, Skyline, Water
- Approximate age
- 100+ years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick, Vinyl Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Detached
- Garage spaces
- 1
- Driveway spaces
- 2
- Total parking
- 3
Taxes & other
- Property taxes
- $2,273/yr
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- IMMEDIATE
- Cross street
- NIAGARA RIVER PARKWAY TO BUTTREY TO MAY AVENUE TO TERRACE.
- Neighbourhood
- 210 - Downtown
More
- Price per sq ft
- ~$354 (at 1,300 sq ft)
- MLS® number
- X13500956
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The home and its surroundings
- Water Heater
- Hospital
- Lake/Pond
- Public Transit
- Year Round Living
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
4208 Terrace Avenue, Niagara Falls, ON L2E 2J4
210 - Downtown, Niagara Falls · Near NIAGARA RIVER PARKWAY TO BUTTREY TO MAY AVENUE TO TERRACE.
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Listing history for 4208 Terrace Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 4208 Terrace Avenue
Answers come straight from this home’s MLS® listing.
How much is 4208 Terrace Avenue listed for, and what would it cost each month?
4208 Terrace Avenue is listed for $459,900. With 20% down ($91,980), the mortgage payment would be roughly $1,855 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,045 a month, all in. That figure is an illustration, not a quote.
Is 4208 Terrace Avenue freehold or a condo, and is there a monthly fee?
4208 Terrace Avenue is a 2-storey detached home in 210 - Downtown, Niagara Falls. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 4208 Terrace Avenue have?
4208 Terrace Avenue has 3 bedrooms and 2 bathrooms.
Does 4208 Terrace Avenue have a garage and parking?
Yes. The listing shows the garage as detached, with room for 1 car. The driveway adds 2 spaces. In total the listing counts 3 parking spaces.
Does 4208 Terrace Avenue have a finished basement?
The listing describes the basement as unfinished.
What style of home is 4208 Terrace Avenue?
4208 Terrace Avenue is a 2-storey detached home. A 2-storey detached house has its living space on the main floor and the bedrooms upstairs, on its own lot with no shared walls.
How big is 4208 Terrace Avenue, and what is the lot size?
The listing puts the home between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 50 x 65 ft.
How is 4208 Terrace Avenue heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 4208 Terrace Avenue?
Property taxes are $2,273 a year (2025), or about $189 a month.
Where is 4208 Terrace Avenue?
4208 Terrace Avenue is in the 210 - Downtown community of Niagara Falls. The nearest main intersection is NIAGARA RIVER PARKWAY TO BUTTREY TO MAY AVENUE TO TERRACE.. The postal code is L2E 2J4.
Is 4208 Terrace Avenue still for sale?
Yes. It is an active listing (MLS® X13500956). Listings here update from the board through the day and come down once a home sells.
What are similar detached homes near 4208 Terrace Avenue asking?
Similar detached homes for sale nearby right now include 4713 Cookman Crescent N at $449,999 (3 bed), 5186 Mcglashan Crescent at $449,000 (3 bed) and 4864 SIMCOE Street at $435,000 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 4208 Terrace Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 4208 Terrace Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar detached homes nearby
More detached homes for sale near 210 - Downtown, picked by style, size and price.
2-storey detached home$449,9994713 Cookman Crescent N, Niagara Falls3 bed · 1 bath · 210 - DowntownCourtesy of: ROYAL LEPAGE NRC REALTYView home →
2-storey detached home$449,0005186 Mcglashan Crescent, Niagara Falls3 bed · 1 bath · 210 - DowntownCourtesy of: BOSLEY REAL ESTATE LTD.,View home →
2-storey detached home$435,0004864 SIMCOE Street, Niagara Falls3 bed · 1 bath · 210 - DowntownCourtesy of: RE/MAX NIAGARA REALTY LTD, BROKERAGEView home →Courtesy of: HomeLife Power Realty Inc
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.