$775,000

For sale

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5049 PORTAGE Road, Niagara Falls - Single Family for Sale

5049 PORTAGE Road, Niagara Falls, Ontario, L2E6B5

4 beds2 baths4 parking ft²

#LOT 2 7040 Garner Road, Niagara Falls (Forestview), Ontario, L2E6S5

2 bd2 ba6 pk1,300 ft²Lot size 44 × 156 ft (6,882 sq ft)

Listed by REVEL Realty Inc., Brokerage

#LOT 1 7040 Garner Road, Niagara Falls (Forestview), Ontario, L2E6S5

For saleJust listed

Today

$939K

#LOT 1 7040 Garner Road, Niagara Falls (Forestview), Ontario, L2E6S5

2 bd2 ba6 pk1,750 ft²Lot size 44 × 156 ft (6,882 sq ft)

Listed by REVEL Realty Inc., Brokerage

#LOT 3 7040 Garner Road, Niagara Falls (Forestview), Ontario, L2E6S5

For saleJust listed

Today

$949K

#LOT 3 7040 Garner Road, Niagara Falls (Forestview), Ontario, L2E6S5

3 bd2 ba6 pk1,750 ft²Lot size 44 × 156 ft (6,882 sq ft)

Listed by REVEL Realty Inc., Brokerage

6415 Shapton Crescent, Niagara Falls (Forestview), Ontario, L2H0B3

For saleJust listed

Today

$625K

6415 Shapton Crescent, Niagara Falls (Forestview), Ontario, L2H0B3

4 bd3 ba4 pk1,750 ft²Lot size 34 × 110 ft (3,682 sq ft)

Listed by EXP REALTY

Investment analysis

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$775,000

Niagara Falls

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Overview

This 4-bedroom, 2-bathroom home in Niagara Falls is for sale offering roughly 1,993 sq ft of space. It has been on the market 46 days, fresher than the Niagara Falls average of 80 days.

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Description

Stately brick home - formerly doctors residence with separate entrance to lower office and waiting room. Ideal for in-home business salon or offices, or multi-generational family home. Large principal rooms including large addition of paneled family room on main level with gas fireplace, newer solid oak kitchen, large formal dining room, two main floor bedrooms and 4 piece bathroom. Upper floor contains two large bedrooms with dormers as well as another 4 piece bathroom. Basement is high and dry and contains furnace room and laundry as well as the former doctors office and waiting room with separate entrance to driveway. Lovely treed lot on quiet residential street. (id:66096)

Property Details

MLS®: 40865226
Property Type: Single Family
Zoning: R - T
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 2
Parking: 4
Interior Size: 1,993 ft²
Frontage: 59 ft
Year Built: 1957
Storeys: 1
Style: Other
Basement: Partially finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Ownership: Freehold
Property Tax: $4,057.41/yr
Listed: 46 days ago

Rooms

Second level

4pc Bathroom
Bedroom: 13'8'' x 13'0''
Bedroom: 13'0'' x 15'0''

Main level

4pc Bathroom
Bedroom: 8'0'' x 11'0''
Bedroom: 12'0'' x 14'0''
Eat in kitchen: 11'0'' x 13'0''
Dining room: 10'0'' x 12'0''
Family room: 14'6'' x 20'0''
Living room: 11'8'' x 20'0''

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Dryer, Hood Fan, Microwave Built-in
Exterior: Brick Veneer

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

46d

Niagara Falls listings, avg age

80d

Price / ft²

$389

List price

$775K

Haho

This 4-bed single family in Niagara Falls has been listed for 46 days, which is 34 days fresher than the city average of 80. Act while there is still low competition.

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Listed by Royal LePage NRC Realty Inc. · Chris Tew

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L2E)

This home lists at $775,000, about 12.7× the local median household income of $60,800.

Carrying it typically needs a household income of about $151,385 (20% down, 25-yr amortization, stress-tested) — roughly 149% above the area median.

Median household income: $60,800
Population: 18,587
Median age: 46.4
Owner / renter: 61% / 39%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA L2E)

$775,000· $389/ft²

For sale

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Full Cost Breakdown

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Down Payment6.77% · $52,500.00

Min 6.77%50%

Mortgage payment$4,006/mo

↳ CMHC premium ($28,900 capitalized)

Property tax (est.)$338/mo

Total monthly$4,344

Cash Needed to Close

Down payment (6.77%)$52,500

Land transfer tax$11,975

Est. closing costs$4,825

Total cash needed$69,300

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