4983 River Road, Niagara Falls, ON L2E 3G6

For Sale 132 days on Market MLS® X12589280

Asking Price

$2,399,000

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4983 River Road, Niagara Falls, ON L2E 3G6

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Overview

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Iconic bed & breakfast in Niagara Falls, featured as a landmark in local tourism media. Overlooking the stunning Niagara River Gorge, this property is just a 10-minute scenic walk along the river to the Falls. The dedicated WEGO B&B bus stop is right at the doorstep, offering unmatched convenience for guests. Offering over 5,451 sq ft above-ground living space, the property includes 7 bedrooms and 8 washrooms, smartly divided into three self-contained sections, each with its own entrance. Left wing: Charming Victorian-style suite with four ensuite guest rooms, each featuring a balcony. Right wing: A 1998 three-storey modern addition with soaring ceilings and flexible layout. Basement: A spacious one-bedroom apartment with its own kitchen and bathroom. The configuration is ideal for short-term rental, while still allowing the owner to maintain privacy and enjoy this exceptional location.

Bedrooms

Bathrooms

8.0

Area

5,000 sqft

Lot Size

0.6 acres

Type

Detached

Property Details

Year BuiltNot Disclosed

CityNiagara Falls

Postal CodeL2E3G6

Lot Dimensions123.30 × 196.20 ft

Parking8 spaces

Interior Features

Heat: Radiant

Heat Source: Other

Cooling: Window Unit(s)

Style: 3-Storey

Exterior & Land

Sewer: Sewer

Construction: Wood

Roof: Asphalt Shingle

Utilities & Services

Heat SourceOther

SewerSewer

Financial Information

List Price$2,399,000

Annual Taxes$17,978 (2025)

Days on Market132

MLS® X12589280 • Listed by BAY STREET GROUP INC.

4983 River Road, Niagara Falls, ON L2E 3G6

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Purchase Calculator

Home Price

$2,399,000.00

Location

Down Payment

$503,790.00

Payment Frequency

⚙️ Rate

Your mortgage interest rate can either be Fixed for the term or Variable.

Rate

4.70%

Rate Term

🧾 Amortization

30 years

Scenario Options

First-time Buyer

Newly Built

Insured Prefer

💸 Rental Income

🏠 Home Expenses

Monthly Rent

$900.00

Occupancy (%)

100%

Monthly Expenses

$400.00

Includes

📉 Taxes
🛠️ Maintenance
⚡ Utilities etc.

Total Monthly Cost ⚙️

/month

Principal & interest

Home expenses

Other expenses

Rental income

Monthly Mortgage$0.00
Home Expenses$0.00
Other Expenses$0.00
Rental Income$0.00

Mortgage Amount

$0.00

Closing Costs

$0.00

Mortgage Payment$0.00

Net Mortgage$0.00

Interest paid over term$0.00

Balance end of Term$0.00

Effective Amortization30 Years

Property Location

4983 River Road, Niagara Falls, ON L2E 3G6

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