$550,000

For saleJust listed

5524 FRASER Street, Niagara Falls - Single Family for Sale

5524 FRASER Street, Niagara Falls, Ontario, L2E3C9

4 beds2 baths1 parking1,140 ft²Listed Today

Overview

This 4-bedroom, 2-bathroom home in Niagara Falls is for sale offering roughly 1,140 sq ft of space. Listed at $550,000, it is attractively priced about 15% below the $649,900 median asking price in Niagara Falls. It has been on the market 0 days, fresher than the Niagara Falls average of 80 days.

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Description

Welcome to 5524 Fraser St, a beautifully upgraded raised bungalow on a quiet cul de sac in Niagara Falls, with no front or rear neighbours for exceptional privacy. Minutes from the Falls, parks, trails, schools, shopping, dining and major highways, it offers the perfect balance of convenience and calm. With over $30,000 in recent upgrades, the bright main level features 9 foot ceilings, an open layout, and a kitchen with stainless steel appliances, generous cabinetry and a moveable island. It flows into the living and dining areas, finished with elegant French doors. The private backyard is made for relaxing and entertaining: a 14' x 16' deck (2023), retractable roof gazebo (2022), glass panel railings, privacy fencing and an upgraded shed (2023), surrounded by mature greenery, blueberries and raspberries. The fully finished lower level also has 9 foot ceilings and large above grade windows. It includes a spacious family room, a guest bedroom, a modern 3 piece bath with an oversized glass shower, under stair storage and a laundry/utility room. Key updates: furnace and A/C (2021), sump pump with battery backup and backwater valve (2021), new basement and bathroom flooring (2022). Also features an instant water heater (rental), a 2 car driveway and low property taxes. Move in ready and meticulously maintained. (id:66096)

Property Details

MLS®: 40876902
Property Type: Single Family
Zoning: R1A
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 1,140 ft²
Frontage: 40 ft
Year Built: 1999
Storeys: 1
Style: Raised bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Ownership: Freehold
Property Tax: $3,322.88/yr
Listed

Rooms

Basement

3pc Bathroom
Recreation room: 24'7'' x 28'0''
Bedroom: 12'6'' x 12'6''

Main level

4pc Bathroom
Bedroom: 8'0'' x 8'8''
Bedroom: 10'6'' x 12'8''
Primary Bedroom: 12'0'' x 12'8''
Living room: 12'0'' x 18'0''
Kitchen: 12'0'' x 14'5''

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, Stove, Dryer
Foundation: Poured Concrete
Exterior: Vinyl siding, Other

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Niagara Falls listings, avg age

80d

Price / ft²

$482

List price

$550K

Haho

This 4-bed single family in Niagara Falls has been listed for 0 days, which is 80 days fresher than the city average of 80. Act while there is still low competition.

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Listed by Right at Home Realty · Renzo Amorin Cumpa

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L2E)

This home lists at $550,000, about 9.0× the local median household income of $60,800.

Carrying it typically needs a household income of about $107,434 (20% down, 25-yr amortization, stress-tested) — roughly 77% 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)

$550,000· $482/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $30,000

Min 5.45%50%

Mortgage payment$2,883/mo

↳ CMHC premium ($20,800 capitalized)

Property tax (est.)$277/mo

Total monthly$3,160

Cash Needed to Close

Down payment (5.45%)$30,000

Land transfer tax$7,475

Est. closing costs$4,150

Total cash needed$41,625

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