577 Ontario St, Buffalo, NY, 14207
About This Home
Investors and business owners take notice! This character-filled brick mixed-use property offers a world of potential. The ground floor features a vacant commercial retail space with prime street visibility on a primary road—perfect for launching your own business or generating immediate commercial rent. The upper residential layout consists of two spacious apartments (a 3-bedroom owner-occupied unit and a 2-bedroom tenant unit). Enjoy peace of mind with major updates completed in 2024, including a new roof, updated plumbing, and a newly installed outdoor staircase. Landlord expenses are minimized with 3 separate electric meters, a full basement for utilities/storage, and a crawl space attic. External features boast a blacktop driveway accommodating 2+ cars along with a detached 2-car garage. Best of all, this sale package includes the adjacent vacant lot at 573 Ontario Street, maximizing your total land footprint and future development opportunities. Close to public transport and highly accessible. Don't miss out on this opportunity to build your equity! Offers will be reviewed as they are received.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1935
Materials
- Roof: Asphalt
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subType: Mixed Use,Duplex,Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Hardwood,Tile,Varies
Heating & Cooling
- Heating features: Gas,Other,See Remarks
- Cooling features: Other,See Remarks
Interior Area
- Total structure area: 4,554
- Total interior livable area: 4,554 sqft
Property
Details
- Parcel number: 1402000774200002013100
- Zoning description: Residential Multi Use
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 7,749 sqft
- Features: Near Public Transit,Rectangular,Rectangular Lot
- Lot size dimensions: 62 x 125
Parking
- Total spaces: 2
- Parking features: Paved,Two or More Spaces
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Winter Weather
- Heat Wave
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Erie County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,668 | $20,016 |
| Home Insurance * | $233 | $2,796 |
| Property Taxes | $473 | $5,676 |
| Electricity | $752 | $9,031 |
| Total | $3,126 | $37,512 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-29 | Price change | $330,000 |
| 2026-06-23 | Listed for sale | $340,000 |
View on Zillow