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511 Ontario St, Buffalo, NY, 14207

7beds
3baths
5,106sqft
$345,000
$68price/sqft
$3,325/moest. monthly cost
$133,000/yrincome needed

About This Home

***BACK ON THE MARKET***PRICE TO SELL.....Newly remodeled, situated on a corner lot in Buffalo’s Riverside growing neighborhood. This versatile property features three updated residential apartments plus a commercial space well suited for retail, professional office, or service-based use. Located in a high-traffic area with excellent street visibility and convenient access to neighborhood amenities. Major improvements include fresh paint through out, new laminate floors, almost all new windows, updated electrical service with an exterior meter panel, four furnaces, two in the attic and two in the basement. Three new hot water tanks were installed in 2022. Specious apartments, bright and airy. The clean, well-maintained basement provides additional utility and storage space. A spacious backyard adds further flexibility for residents and property operations; a strong opportunity for an investor or owner-user seeking residential income combined with a highly visible commercial location. Also listed as a commercial property (B1701347). Sold "as is". Seller will do no repairs resulting from Buyer's home inspection.

Getting Around

64
WalkingSomewhat Walkable
43
TransitSome Transit
55
BikeBikeable

Schools

8/10
Ps 65 Roosevelt AcademyGrades PK-40.2 mi
4/10
Grabiarz Campus School 79Grades PK-80.6 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1935

Materials

  • Roof: Asphalt,Shingle
  • Construction materials: Brick,Vinyl Siding,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Mixed Use

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Hardwood,Laminate,Varies

Heating

  • Heating features: Gas,Forced Air

Interior Area

  • Total structure area: 5,106
  • Total interior livable area: 5,106 sqft

Property

Details

  • Parcel number: 1402000774200004014000
  • Zoning description: Residential Multi Use
  • Special condition: Standard

Lot

  • Lot size: 4,220 sqft
  • Features: Near Public Transit,Rectangular,Rectangular Lot,Residential Lot
  • Lot size dimensions: 33 x 126

Parking

  • Parking features: No Driveway

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
    Cold WaveRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Winter Weather
Tsunami

FEMA Declared Disasters in Erie County and New York

Flood
Severe Storm
Snowstorm
Winter Storm

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

MonthlyAnnual
Mortgage $1,744$20,928
Home Insurance *$244$2,928
Property Taxes $494$5,928
Electricity $843$10,125
Total$3,325$39,900
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$114,000/yr
40% on housing$99,750/yr
45% on housing$88,666/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

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.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.9%
-0.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$68This listing

vs Other Active Listings

Avg $/sqft

ZIP 14207$93
Erie County$156

vs Homes Sold Last Month

Median $/sqft

ZIP 14207$110
Erie County$190

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)

Price History

DateEventPrice
2026-08-07Price change$299,900
2026-07-24Listed for sale$345,000
2025-11-05Sold$80,000
2019-05-31Sold$80,155
2019-04-04Pending sale$59,511
2019-03-27Listed for sale$59,511
2019-02-07Pending sale$59,511
2019-01-23Listed for sale$59,511
2019-01-14Pending sale$59,511
2019-01-07Listed for sale$59,511
2016-11-16Sold$5,000
2011-12-07Sold$8,000
1996-03-18Sold$72,834

For Sale by Agent

AgentPushpa Gunatilake
BrokeragePioneer Star Real Estate Inc.

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