$879,000

For sale

#12 7276 Optimist Lane, Niagara Falls (Morrison) - Single Family for Sale

#12 7276 Optimist Lane, Niagara Falls (Morrison), Ontario, L2E0B3

3 beds3 baths4 parking1,300 ft²$345/mo condo feeListed 29 days ago

Overview

This 3-bedroom, 3-bathroom condo in Niagara Falls is for sale offering roughly 1,300 sq ft of space. It has been on the market 29 days, fresher than the Niagara Falls average of 51 days.

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Description

Charming, well-maintained bungalow condo in Niagara Falls' desirable north end. Original owner with pride of ownership throughout. This beautifully landscaped end unit features numerous builder upgrades, including impressive 9- and 10-foot ceilings, along with 8-foot doors adding to the home's spacious feel and quality finish. Enjoy a beautiful gourmet kitchen, bright living spaces, and hardwood flooring. The enclosed terrace provides a lovely spot to relax, while the lower level offers a walkout to a private patio. Two bedrooms on the main level and an additional bedroom downstairs provide flexible living arrangements. Ideal for those seeking comfortable, low-maintenance living, with parks and amenities conveniently nearby. A wonderful opportunity to own a move-in-ready home in a sought-after location. (id:66096)

Property Details

MLS®: X13865710
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 3
Parking: 4
Interior Size: 1,300 ft²
Storeys: 1
Basement: Finished, N/A
Garage: Attached Garage, Garage
Condo Fee: $345/mo
Fee Includes: Parking
Ownership: Condo/Strata
Property Tax: $6,013/yr
Listed: 29 days ago

Rooms

Main level

Great room: 7.01 x 4.97 meters
Kitchen: 3.65 x 2.71 meters
Bedroom: 3.73 x 2.99 meters
Bedroom: 4.26 x 3.66 meters

Lower level

Family room: 8.53 x 4.88 meters
Bedroom: 3.81 x 2.87 meters

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

Features

Appliances: Oven - Built-In, Garage door opener remote(s), Water Heater
Exterior: Brick, Stone
Lot Features: Balcony, Guest Suite

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

29d

Niagara Falls (Morrison) listings, avg age

51d

Price / ft²

$676

List price

$879K

Haho

This 3-bed single family in Niagara Falls (Morrison) has been listed for 29 days, which is 22 days fresher than the city average of 51. Act while there is still low competition.

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Listed by ENGEL & VOLKERS NIAGARA · Peter Fischer

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L2E)

This home lists at $879,000, about 14.5× the local median household income of $60,800.

Carrying it typically needs a household income of about $171,699 (20% down, 25-yr amortization, stress-tested) — roughly 182% 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)

$879,000· $676/ft²

For sale

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Full Cost Breakdown

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Down Payment7.16% · $62,900

Min 7.16%50%

Mortgage payment$4,525/mo

↳ CMHC premium ($32,644 capitalized)

Property tax (est.)$501/mo

Condo fee$345/mo

Total monthly$5,371

Cash Needed to Close

Down payment (7.16%)$62,900

Land transfer tax$14,055

Est. closing costs$5,137

Total cash needed$82,092

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