Condos for Sale in Niagara-on-the-Lake
Under $500K
Low-maintenance vertical living with amenity-rich buildings and walkable transit-friendly addresses. Ideal for first-time buyers, investors, and downsizers. Median list price in Niagara-on-the-Lake this band: $343K · 28 active · avg 29 days on market.
28 active · median $343K
Sent within 1 business hour with today's 3.95% 5-yr fixed rate.
Condos in Niagara-on-the-Lake Under $500K
28 active · median $343K
Median List Price
$343K
Active Listings
28
Avg Days on Market
29 days
YoY Change
-13.1%
6-Month Median Price Trend
Dec
$348K
Jan
$332K
Feb
$335K
Mar
$345K
Apr
$344K
May
$352K
What is the average condo price in Niagara-on-the-Lake in 2026?
The benchmark price for a condo in Niagara-on-the-Lake in 2026 is approximately $343K based on the latest CREA MLS® HPI release. Within the under $500k band there are currently 28 active listings, moving in an average of 29 days on market. Prices are down 13.1% year-over-year.
Is Niagara-on-the-Lake a buyer's or seller's market right now?
Niagara-on-the-Lake is currently a balanced market for condos in this band. Inventory is turning over in 29 days with prices down 13.1% year-over-year. Neither side has decisive leverage right now.
Families helped in Niagara-on-the-Lake
8+
Licensed Mortgage Brokerage
Pineapple Financial · LIC #12830
“Bidding war with three other offers. Their pre-approval letter made our offer credible enough to win.”
What $343K gets you in Niagara-on-the-Lake.
Condos in Niagara-on-the-Lake priced under $500k are tracking against a CREA MLS® HPI benchmark of $343K for the niagara region area. Within this band the median list comes in near $343K — down 13.1% year-over-year. Active inventory is moving in roughly 29 days.
Typical Size
500–1,100 sqft
Bedroom Range
1–3 bedrooms
Ownership Style
condo
Sample comparables in this band.
$376K
$363K
$356K
Sample comparables only — request the live MLS report for current availability and pricing.
Where these condos are clustered in Niagara-on-the-Lake.
Keep exploring Niagara-on-the-Lake.
Other property types
Niagara-on-the-Lake Condo FAQ
What is the median price for condos in Niagara-on-the-Lake under $500k?
As of 2026-05-01, the median list price for condos in Niagara-on-the-Lake priced under $500k sits at approximately $343K based on active MLS inventory.
How many condos are currently for sale in Niagara-on-the-Lake in this price range?
There are roughly 28 active condos for sale in Niagara-on-the-Lake priced under $500k. Inventory typically refreshes weekly via the local MLS board.
How long do condos stay on the market in Niagara-on-the-Lake?
Condos in Niagara-on-the-Lake priced under $500k are averaging 29 days on market. That gives buyers time to compare options and negotiate condition removal periods.
Are Niagara-on-the-Lake condo prices going up or down?
Year-over-year median condo prices in Niagara-on-the-Lake (this band) are down 13.1%. Six-month trend data is available on this page.
What mortgage do I need to buy a condo at this price in Niagara-on-the-Lake?
On a $343K purchase with 20% down, you'd carry a mortgage of about $274K. At today's qualifying rate (~5.45%) on a 25-year amortization, that's roughly $1,677 / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.
Get the Live List — 28 active, median $343K.
Live MLS inventory + today's rate (3.95% 5-yr fixed) sent by a licensed Niagara-on-the-Lake advisor within 1 business hour.
Condos in Niagara-on-the-Lake Under $500K
Median $343K · 28 active · 3.95% 5-yr fixed
Get pre-approved for a $274K mortgage.
Based on $343K 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.