$399,000

For sale

#704 5100 Dorchester Road, Niagara Falls (Morrison) - Single Family for Sale

#704 5100 Dorchester Road, Niagara Falls (Morrison), Ontario, L2E7H4

1 bed2 baths1 parking1,100 ft²$1,010/mo condo feeListed 28 days ago

Overview

This 1-bedroom, 2-bathroom condo in Niagara Falls is for sale offering roughly 1,100 sq ft of space. Listed at $399,000, it is attractively priced about 20% below the $499,900 median asking price in Niagara Falls. It has been on the market 28 days, fresher than the Niagara Falls average of 52 days.

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Description

Welcome to Unit 704 at 5100 Dorchester Road! Enjoy beautiful city views from this updated 7th-floor condo offering comfortable living and exceptional value. This spacious 1-bedroom plus den layout offers excellent flexibility, with the den easily used as home office, or extra storage room. The suite features vinyl plank flooring throughout, a freshly painted interior, updated kitchen and bathrooms with granite countertops, and porcelain tile finishes. The primary bedroom features a private ensuite bathroom with a relaxing soaker tub, while the convenient ensuite laundry adds to the ease of everyday living. Enjoy resort-style amenities including an outdoor pool, fitness room, party room and outdoor patio area, plus one indoor parking space. Condo fee, which includes heat, hydro, water, gas, cable TV and common elements, making monthly expenses easier to manage.Ideally located close to shopping, restaurants, entertainment and all major amenities, with easy access to the QEW and 406. A fantastic opportunity for first-time buyers, down sizers, investors or anyone looking for low-maintenance living with plenty of amenities and beautiful city views.A fantastic opportunity you won't want to miss! Come see all that this beautiful unit has to offer. (id:66096)

Property Details

MLS®: X13874280
Property Type: Single Family
Zoning: R4
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Natural gas, Coil Fan
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,010/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,540/yr

Rooms

Main level

Foyer: 1.83 x 1.22 meters
Living room: 4.57 x 4.57 meters
Dining room: 4.57 x 2.74 meters
Kitchen: 5.79 x 2.62 meters
Den: 3.35 x 1.55 meters
Bedroom: 4.88 x 3.05 meters
Bathroom: 2.74 x 1.95 meters
Bathroom: 2.53 x 1.95 meters

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, Microwave, Garage door opener remote(s)
Exterior: Steel
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

28d

Niagara Falls (Morrison) listings, avg age

52d

Price / ft²

$363

List price

$399K

Haho

This 1-bed single family in Niagara Falls (Morrison) has been listed for 28 days, which is 24 days fresher than the city average of 52. 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 (L2E)

This home lists at $399,000, about 6.6× the local median household income of $60,800.

Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — roughly 28% 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)

$399,000· $363/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,950

Min 5%50%

Mortgage payment$2,102/mo

↳ CMHC premium ($15,162 capitalized)

Property tax (est.)$295/mo

Condo fee$1,010/mo

Total monthly$3,406

Cash Needed to Close

Down payment (5%)$19,950

Land transfer tax$4,460

Est. closing costs$3,697

Total cash needed$28,107

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