Niagara Falls Property Market and Real Estate Guide

(Niagara Falls, Ontario - ON, Canada)

Home to one of the biggest waterfalls in the world, Niagara Falls enjoys literally millions of visitors a year. Found in the Canadian province of Ontario, this charming town is a popular destination with honeymooners and in recent years, an increasing number of people have bought property here, seduced by the area's natural beauty and gentle pace of life.

However, property costs are much higher in Niagara Falls than in neighbouring cities and potential owners will really have to shop around to get a good deal, especially in areas overlooking the mighty falls themselves. While some of the most desirable areas are Clifton Hill and the downtown district, more reasonably priced options can be found in Sanborn, Pletchers Corners and Escarpment.

Renting Serviced Apartments

The large number of tourists that visit Niagara Falls means that there are plenty of serviced apartments to choose room, with many boasting stunning views from their spacious balconies. Modern serviced apartments only offer savings over comparable hotels if they are rented long-term.

While modest options can be found, most of the serviced apartments in Niagara Falls are extremely luxurious and come complete with en suite bathrooms, kitchens, balconies and perhaps even a garden or a swimming pool. These apartments are available to rent for a week up to several months and serve as homes away from home.

Buying Apartments and Houses

Clients should bear in mind that in addition to the price of an apartment or a house, they will need to pay an additional ten percent, which covers taxes and fees. The estate agents in Niagara Falls generally deal with the entire transaction, including checking ownership of the property and registering the property with the correct agency once it has been purchased.

Foreigners are able to purchase property in Canada without problem, although it is always worth checking province-specific rules, which can vary. A property owner's immigration status is not affected by property ownership.

Real Estate Agents

Generally, real estate agents in Niagara Falls are professional and offer an excellent service. However, potential property owners should make sure they have a clear idea of what they are looking for in advance, as it is all too easy to be swayed by an agent into spending above the intended budget. It is important to take the time to shop around for the right agent and to check out websites, reading recommendations from previous customers.

The following real estate agents offer quality service in Niagara Falls:

Niagara Association of Realtors
Address: 116 Niagara Street, St. Catherines, Ontario (ON), L2R 4L4, Canada
Tel: +1 905 684 9459
Website: www.mls-niagarafalls.com
One of the largest groups of realtors in the area, Niagara Association of Realtors prides itself in providing a professional and comprehensive service.

Royal LePage Niagara Real Estate Centre
Address: 3770 Montrose Road, Niagara Falls, Ontario (ON), L2H 3C8, Canada
Tel: +1 905 357 3000
Website: www.sallydollar.com
With more than 23,000 properties to buy or rent on its books, the Royal LePage Niagara Estate Centre is a good place to visit to get an idea of what is available.

RE/MAX Niagara Realty Ltd
Address: 5627 Main Street, Niagara Falls, Ontario (ON), L2G 5Z3, Canada
Tel: +1 93 905 356 9600
Website: www.remax-niagara-on.com
Canada's leading real estate agent has a large and modern branch in Niagara Falls, offering clients the same great service that has made the agent so popular in other parts of Canada.