$459,900

$499,000For salePrice drop↓ $39,100 (8%)

5223 Palmer Avenue, Niagara Falls (Downtown) - Single Family for Sale

5223 Palmer Avenue, Niagara Falls (Downtown), Ontario, L2E3T9

3 beds2 baths5 parking1,300 ft²50 × 82 ft (4,100 sq ft) lot sizeListed 126 days ago

Overview

This 3-bedroom, 2-bathroom home in Niagara Falls is for sale offering roughly 1,300 sq ft of space. Listed at $459,900, it is attractively priced about 13% below the $529,900 median asking price in Niagara Falls.

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Description

Discover this bright, spacious and move-in ready 3-bedroom home in a fantastic Niagara Falls neighbourhood, perfect for first-time buyers! Larger than it appears from the street, this well-maintained property offers excellent value and turn-key living.The main floor features a large living room, a formal dining room with patio doors to the back deck, and a generous eat-in kitchen ideal for family meals. You'll love the convenience of main floor laundry, a 2-piece powder room, and a third bedroom (or home office) on this level. Upstairs you'll find two additional large bedrooms and an updated 4-piece bathroom. The basement offers great potential for future finishing, providing flexibility to grow with your family. Additional highlights include a generous garage with plenty of storage and parking. This solid, well-cared-for home is clean, functional, and ready for you to simply move in and enjoy. Close to schools, parks, and amenities, it's an ideal starter home in a great location. Don't miss out! (id:66096)

Property Details

MLS®: X13517296
Property Type: Single Family
Zoning: R2
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 5
Interior Size: 1,300 ft²
Lot Size: 50 × 82 ft (4,100 sq ft)
Frontage: 50 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 3.68 x 3.28 meters
Kitchen: 3.71 x 3.89 meters
Dining room: 3.53 x 4.85 meters
Partial bathroom: 1.45 x 1.22 meters
Laundry room: 1.96 x 1.55 meters
Bedroom 3: 2.62 x 3.23 meters

Second level

Bedroom: 3.68 x 3.89 meters
Bedroom 2: 3.89 x 3.15 meters
Bathroom: 2.46 x 2.46 meters

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

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Foundation: Block
Exterior: Brick, Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

126d

Niagara Falls (Downtown) listings, avg age

88d

Price / ft²

$354

List price

$460K

Haho

This 3-bed single family in Niagara Falls (Downtown) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by MARK MALINOWSKI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L2E)

This home lists at $459,900, about 7.6× the local median household income of $60,800.

Carrying it typically needs a household income of about $89,835 (20% down, 25-yr amortization, stress-tested) — roughly 48% 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)

$459,900· $354/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,995

Min 5%50%

Mortgage payment$2,422/mo

↳ CMHC premium ($17,476 capitalized)

Property tax (est.)$217/mo

Total monthly$2,639

Cash Needed to Close

Down payment (5%)$22,995

Land transfer tax$5,673

Est. closing costs$3,880

Total cash needed$32,548

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