$449,000

For sale

5186 Mcglashan Crescent, Niagara Falls (Downtown) - Single Family for Sale

5186 Mcglashan Crescent, Niagara Falls (Downtown), Ontario, L2E3W9

4 beds2 baths4 parking1,750 ft²40 × 130 ft (5,200 sq ft) lot sizeListed 16 days ago

Overview

This 4-bedroom, 2-bathroom home in Niagara Falls is for sale offering roughly 1,750 sq ft of space. Listed at $449,000, it is attractively priced about 15% below the $529,000 median asking price in Niagara Falls. It has been on the market 16 days, fresher than the Niagara Falls average of 88 days.

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Description

5186 McGlashan is a tasteful century home, updated for the modern family or savvy investor in mind. With a fully separate self contained apartment for supplementary income, the primary residence offers 3 bedrooms up, a renovated full bath, and a functional main floor layout with an updated kitchen with stainless appliances and custom tile, a dedicated dining and living area, all punctuated with a stained glass window, tall baseboards and high ceilings. An expansive verandah spans the front, while a generous and meticulously maintained fenced yard complements the back. Ample parking, storage and a full unfinished basements, appropriate for storage, under each unit. Located in a mature residential neighbourhood, steps from tourist amenities, public transit, the Casino and shopping. Ideal for first-time buyers, those looking to downsize or investors seeking a solid property in a prime Niagara Falls location. Opportunity abounds! (id:66096)

Property Details

MLS®: X14092252
Property Type: Single Family
Zoning: R2
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 4
Interior Size: 1,750 ft²
Lot Size: 40 × 130 ft (5,200 sq ft)
Frontage: 40 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Window air conditioner
Garage: No Garage
Ownership: Freehold
Property Tax: $2,802.9/yr
Listed

Features

Appliances: Refrigerator, Stove
Foundation: Concrete
Exterior: Stucco
Lot Features: Carpet Free, Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Niagara Falls (Downtown) listings, avg age

88d

Price / ft²

$257

List price

$449K

Haho

This 4-bed single family in Niagara Falls (Downtown) has been listed for 16 days, which is 72 days fresher than the city average of 88. Act while there is still low competition.

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Listed by BOSLEY REAL ESTATE LTD., · Christine Mcintyre

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L2E)

This home lists at $449,000, about 7.4× the local median household income of $60,800.

Carrying it typically needs a household income of about $87,705 (20% down, 25-yr amortization, stress-tested) — roughly 44% 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)

$449,000· $257/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,450

Min 5%50%

Mortgage payment$2,365/mo

↳ CMHC premium ($17,062 capitalized)

Property tax (est.)$234/mo

Total monthly$2,598

Cash Needed to Close

Down payment (5%)$22,450

Land transfer tax$5,455

Est. closing costs$3,847

Total cash needed$31,752

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