$599,000

For sale

6768 Keiffer Street, Niagara Falls (Morrison) - Single Family for Sale

6768 Keiffer Street, Niagara Falls (Morrison), Ontario, L2E5K1

6 beds3 baths7 parking900 ft²50 × 150 ft (7,500 sq ft) lot sizeListed 11 days ago

Overview

This 6-bedroom, 3-bathroom home in Niagara Falls is for sale offering roughly 900 sq ft of space. Its $599,000 asking price sits right in line with the $599,999 median in Niagara Falls. It has been on the market 11 days, fresher than the Niagara Falls average of 51 days.

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Description

PRIME MULTI-STREAM INVESTMENT OPPORTUNITY | OVERSIZED 50' X 150' LOT Unlock maximum yield in a high-demand Niagara Falls hub! This updated 3+3 bedroom, 3-bath detached bungalow sits on a 7,500 sq ft lot, offering immediate multi-tenant functionality and rare density upside. TRIPLE-INCOME PATHWAY Garden Suite / ADU Potential: The massive 42' x 12.5' detached garage with hydro offers an ideal footprint to build or convert a detached rear garden suite under R2 guidelines. (Buyer to satisfy self on permits & zoning). Flexible 3-Unit Blueprint: Combine the main floor with the finished lower level (separate entrance, 2nd kitchen setup) plus a rear garden suite to capture 3 distinct income streams. $100K+ IN CAPEX UPGRADES DONE Upgraded 200-Amp electrical service ready for extra load/EV charging. Full professional basement waterproofing system installed. High-efficiency Lennox HVAC system with heat pump. PROPERTY FEATURES Bright main floor with artisan plaster ceilings, crown moldings, updated baths, and 21' covered front porch. Deep concrete/asphalt driveway accommodates 7+ vehicles. Rapid access to QEW, Hwy 420, public transit, and key employment centers ensures low vacancy and top-tier tenant demand. House is fully tenanted (month to month lease). (id:66096)

Property Details

MLS®: X14115278
Property Type: Single Family
Zoning: R2
Bedrooms: 6
Beds (above / below): 3 above · 3 below
Bathrooms: 3
Parking: 7
Interior Size: 900 ft²
Lot Size: 50 × 150 ft (7,500 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold

Rooms

Ground level

Living room: 4.69 x 4.48 meters
Kitchen: 3.38 x 5.21 meters
Primary Bedroom: 3.62 x 3.38 meters
Bedroom: 3.56 x 2.8 meters
Bedroom: 3.1 x 3.5 meters
Bathroom: 1.25 x 2.28 meters

Basement

Laundry room: 3.65 x 1.37 meters
Bedroom: 4.17 x 3.38 meters
Bedroom: 3.2 x 3.08 meters
Bedroom: 2.74 x 4.23 meters

Features

Appliances: Water Heater
Flooring: Tile, Hardwood
Foundation: Block
Exterior: Brick, Stone

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

11d

Niagara Falls (Morrison) listings, avg age

51d

Price / ft²

$666

List price

$599K

Haho

This 6-bed single family in Niagara Falls (Morrison) has been listed for 11 days, which is 40 days fresher than the city average of 51. Act while there is still low competition.

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Listed by PROPERTY.CA INC. · PARAS. P. BHATIA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L2E)

This home lists at $599,000, about 9.9× the local median household income of $60,800.

Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 92% 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)

$599,000· $666/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,900

Min 5.83%50%

Mortgage payment$3,127/mo

↳ CMHC premium ($22,564 capitalized)

Property tax (est.)$327/mo

Total monthly$3,454

Cash Needed to Close

Down payment (5.83%)$34,900

Land transfer tax$8,455

Est. closing costs$4,297

Total cash needed$47,652

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