Live Market Snapshot · 2026-05-01Data source · CREA MLS® HPI · May 2026

Townhouses for Sale in Niagara-on-the-Lake
Under $500K

Freehold and condo townhouses bridge the gap between condo affordability and detached privacy. Strong investor product with minimal exterior maintenance. Median list price in Niagara-on-the-Lake this band: $475K · 18 active · avg 40 days on market.

Median List Price

$475K

Active Listings

18

Avg Days on Market

40 days

YoY Change

-6.9%

6-Month Median Price Trend

Dec

$486K

Jan

$486K

Feb

$486K

Mar

$486K

Apr

$485K

May

$486K

What is the average townhouse price in Niagara-on-the-Lake in 2026?

The benchmark price for a townhouse in Niagara-on-the-Lake in 2026 is approximately $475K based on the latest CREA MLS® HPI release. Within the under $500k band there are currently 18 active listings, moving in an average of 40 days on market. Prices are down 6.9% year-over-year.

Is Niagara-on-the-Lake a buyer's or seller's market right now?

Niagara-on-the-Lake is currently a buyer's market for townhouses in this band. Listings are sitting 40 days on average and prices are 6.9% lower year-over-year. Buyers have negotiating leverage on price, closing date, and condition periods.

Families helped in Niagara-on-the-Lake

8+

Licensed Mortgage Brokerage

Pineapple Financial · LIC #12830

Two years of Notice of Assessments and they still got me an A-lender rate. Other brokers had pushed me to B-lenders.
Aisha N., Self-employed, Niagara-on-the-Lake

What $475K gets you in Niagara-on-the-Lake.

Townhouses in Niagara-on-the-Lake priced under $500k are tracking against a CREA MLS® HPI benchmark of $525K for the niagara region area. Within this band the median list comes in near $475K — down 6.9% year-over-year. Active inventory is moving in roughly 40 days.

Typical Size

1,200–2,000 sqft

Bedroom Range

2–4 bedrooms

Ownership Style

Freehold or condo

Sample comparables in this band.

Old Town, Niagara-on-the-Lake

$508K

3 bed3 bath1,440 sqft
Virgil, Niagara-on-the-Lake

$508K

3 bed3 bath1,440 sqft
St. Davids, Niagara-on-the-Lake

$507K

3 bed3 bath1,440 sqft

Sample comparables only — request the live MLS report for current availability and pricing.

Where these townhouses are clustered in Niagara-on-the-Lake.

Niagara-on-the-Lake Townhouse FAQ

What is the median price for townhouses in Niagara-on-the-Lake under $500k?

As of 2026-05-01, the median list price for townhouses in Niagara-on-the-Lake priced under $500k sits at approximately $475K based on active MLS inventory.

How many townhouses are currently for sale in Niagara-on-the-Lake in this price range?

There are roughly 18 active townhouses for sale in Niagara-on-the-Lake priced under $500k. Inventory typically refreshes weekly via the local MLS board.

How long do townhouses stay on the market in Niagara-on-the-Lake?

Townhouses in Niagara-on-the-Lake priced under $500k are averaging 40 days on market. That gives buyers time to compare options and negotiate condition removal periods.

Are Niagara-on-the-Lake townhouse prices going up or down?

Year-over-year median townhouse prices in Niagara-on-the-Lake (this band) are down 6.9%. Six-month trend data is available on this page.

What mortgage do I need to buy a townhouse at this price in Niagara-on-the-Lake?

On a $475K purchase with 20% down, you'd carry a mortgage of about $380K. At today's variable rates (~5.45% qualifying), that's roughly $NaN / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.

Step 1 · See Inventory

See every active townhouse in Niagara-on-the-Lake under $500k.

18 active listings · median $475K. A licensed Niagara-on-the-Lake advisor sends the live list within 1 business hour.

Townhouses in Niagara-on-the-Lake Under $500K

Median $475K · 18 active

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Step 2 · Lock in financing

Get pre-approved for a $380K mortgage.

Based on $475K median list × 20% down. Compare offers from 50+ Canadian lenders. No hard credit check. Pre-approval letter within 1 business hour — same letter sellers see in multi-offers.

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