🏠 Single-Family vs. Condo in Niagara: What $100K Income Can Get You

by Barbara Scarlett

In major markets like Toronto, first-time buyers are often pushed into the condo segment. But in Niagara, you still have options — and a decent income can go further than you’d think.

Based on a $100,000 household income and average debt:

Single-family home budget: $500,000
Condo budget: $439,500 (includes $450 monthly maintenance fee)

Sales from the last 6 months:

700+ single-family homes sold under $500,000
130+ condos sold under $440,000

If you’re shopping for a starter home in Fort Erie, Niagara Falls, or Welland, you can still find detached options with yards and space — or go condo for low-maintenance living. Just keep in mind that some lenders view condo fees as debt, which can affect how much you qualify to borrow.

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