$425,000

$459,900For salePrice drop↓ $34,900 (8%)

5663 Morse Avenue, Niagara Falls (Hospital) - Single Family for Sale

5663 Morse Avenue, Niagara Falls (Hospital), Ontario, L2G4G3

3 beds2 baths6 parking1,300 ft²48 × 118 ft (5,614 sq ft) lot sizeListed 47 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 $425,000, it is attractively priced about 28% below the $589,000 median asking price in Niagara Falls. It has been on the market 47 days, fresher than the Niagara Falls average of 113 days.

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Description

Welcome to 5663 Morse Avenue, a well-located 2-storey home with a comfortable layout and convenient access to some of Niagara Falls' most popular attractions. The main floor features a welcoming living and dining area with hardwood floors and sliding patio doors leading to the sunroom. With some updating, the sunroom has real potential as a spot to relax, entertain or enjoy the outdoors without the elements. Upstairs, you'll find three bedrooms, all with hardwood flooring, and a 3-piece bathroom. The basement has its own separate entrance and includes a kitchen and bathroom, creating potential for a guest suite, in-law setup or income-generating space. Outside, enjoy a morning coffee under the covered front porch, or kick back on the patio in the backyard. The double-wide concrete driveway fits up to 5 cars, plus there's an attached single-car garage. With easy access to the Niagara Falls Bridge, Casino and Scenic River Parkway, this home offers both convenience and opportunity. (id:66096)

Property Details

MLS®: X13803528
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 6
Interior Size: 1,300 ft²
Lot Size: 48 × 118 ft (5,614 sq ft)
Frontage: 48 ft
Storeys: 2
Basement: Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $3,690/yr
Listed: 47 days ago

Rooms

Main level

Living room: 3.76 x 4.62 meters
Dining room: 2.9 x 3.51 meters
Kitchen: 3.15 x 3.33 meters
Sunroom: 3 x 3.66 meters

Basement

Utility room: 6.83 x 1.73 meters
Other: 2.01 x 2.97 meters
Kitchen: 6.4 x 3.66 meters
Bathroom: 4.65 x 2.97 meters

Second level

Bedroom: 3 x 4.22 meters

Features

Appliances: All, Washer, Refrigerator, Dishwasher, 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

47d

Niagara Falls (Hospital) listings, avg age

113d

Price / ft²

$327

List price

$425K

Haho

This 3-bed single family in Niagara Falls (Hospital) has been listed for 47 days, which is 66 days fresher than the city average of 113. Act while there is still low competition.

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Listed by BOSLEY REAL ESTATE LTD., · Shaun Thoms

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L2G)

This home lists at $425,000, about 6.2× the local median household income of $69,000.

Carrying it typically needs a household income of about $83,017 (20% down, 25-yr amortization, stress-tested) — roughly 20% above the area median.

Median household income: $69,000
Population: 30,344
Median age: 44.8
Owner / renter: 63% / 37%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L2G)

$425,000· $327/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,250

Min 5%50%

Mortgage payment$2,238/mo

↳ CMHC premium ($16,150 capitalized)

Property tax (est.)$308/mo

Total monthly$2,546

Cash Needed to Close

Down payment (5%)$21,250

Land transfer tax$4,975

Est. closing costs$3,775

Total cash needed$30,000

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