$679,900

For sale

8340 Racey Avenue, Niagara Falls (Ascot) - Single Family for Sale

8340 Racey Avenue, Niagara Falls (Ascot), Ontario, L2H3M7

3 beds2 baths4 parking1,300 ft²40 × 121 ft (4,880 sq ft) lot sizeListed 62 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 $679,900, it is attractively priced about 7% below the $735,000 median asking price in Niagara Falls. It has been on the market 62 days, fresher than the Niagara Falls average of 126 days.

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Description

Welcome to this well-maintained 3+1 bedroom, 2 bathroom raised bungalow in a desirable Niagara Falls neighbourhood, now featuring brand-new shingles for added peace of mind!The bright and functional main floor features beautiful hardwood flooring, a spacious living area and a bright updated kitchen with granite countertops and a garden door leading to the entertainment-sized concrete patio-perfect for summer barbecues and outdoor gatherings.The fully finished lower level offers plenty of additional living space with a large family room and cozy gas fireplace, an additional bedroom and full updated bathroom, making it ideal for a growing family, guests or a home office.Outside, enjoy the convenience of an attached garage, concrete driveway, low-maintenance concrete patio and a spacious fenced backyard with plenty of room to relax and entertain.Ideally located close to schools, parks, shopping and major amenities, this move-in-ready home offers a great combination of space, comfort and value. With new shingles just installed, this is a fantastic opportunity to own a solid family home in a sought-after Niagara Falls neighbourhood. (id:66096)

Property Details

MLS®: X13742532
Property Type: Single Family
Zoning: R1E
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 40 × 121 ft (4,880 sq ft)
Frontage: 40 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership

Rooms

Main level

Living room: 3.66 x 3.9 meters
Kitchen: 4.6 x 2.3 meters
Bedroom: 4 x 3.5 meters
Bedroom 2: 3.3 x 3 meters
Bedroom 3: 3.1 x 3 meters
Bathroom: 3.2 x 1.7 meters
Dining room: 3.05 x 3.66 meters

Lower level

Family room: 7.8 x 5.9 meters
Bedroom 4: 4.8 x 3.1 meters
Bathroom: 3.1 x 2.1 meters

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

Features

Appliances: Garage door opener remote(s)
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

62d

Niagara Falls (Ascot) listings, avg age

126d

Price / ft²

$523

List price

$680K

Haho

This 3-bed single family in Niagara Falls (Ascot) has been listed for 62 days, which is 64 days fresher than the city average of 126. Act while there is still low competition.

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Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE · Rachel Delduca

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L2H)

This home lists at $679,900, about 7.5× the local median household income of $91,000.

Carrying it typically needs a household income of about $132,808 (20% down, 25-yr amortization, stress-tested) — roughly 46% above the area median.

Median household income: $91,000
Population: 29,820
Median age: 42
Owner / renter: 80% / 21%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L2H)

$679,900· $523/ft²

For sale

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Full Cost Breakdown

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Down Payment6.32% · $42,990.00

Min 6.32%50%

Mortgage payment$3,531/mo

↳ CMHC premium ($25,476 capitalized)

Property tax (est.)$449/mo

Total monthly$3,980

Cash Needed to Close

Down payment (6.32%)$42,990

Land transfer tax$10,073

Est. closing costs$4,540

Total cash needed$57,603

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