$1,514,130 - 2326 TERRAVITA Drive, Niagara Falls
Detached for Sale in Niagara Falls
103 days on market- MLS Number
- X12525684
- Property Type
- Detached
- Status
- active
- Days on Site
- 103
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Niagara Falls
- Listing Brokerage
- RE/MAX NIAGARA REALTY LTD, BROKERAGE
MODEL HOME FOR SALE- Welcome to luxury living in Terravita, Niagara Falls' premier new home community. This brand-new Kenmore Homes model home offers an exquisite blend of modern elegance and thoughtful design, with over 4,000 sq. ft. of finished living space. Featuring 10' ceilings on the main floor and 9' ceilings on the second, the home is flooded with natural light, enhanced by 8' doors, automatic window coverings, and pot lights throughout the interior and exterior. The spacious 4+1 bedroom, 4.5 bathroom layout ensures that every bedroom has direct access to a bathroom-ideal for families or guests.The gourmet kitchen is equipped with high-end Jenn-Air S/S appliances, including a gas stove, fridge, bar fridge, built-in microwave, and dishwasher. A sleek quartz backsplash, oversized kitchen island, and a butler's station/coffee bar with pantry closet combine functionality with luxury. The primary suite offers a peaceful retreat with a massive walk-in closet and a spa-like ensuite featuring a glass-tiled shower, freestanding tub, and a modern fluted wood panel accent wall.Upstairs, a versatile loft provides additional living space, and the second-floor laundry includes both washer and dryer. The finished basement offers excellent flexibility with legal egress windows, a large bedroom/office/gym area, spacious recreation room ideal for a home theatre or games area, two storage rooms, and a modern 3-piece bathroom.The exterior of the home showcases timeless, elegant curb appeal with a stone and stucco façade, paver stone driveway, front irrigation system, and a covered rear patio with glass railing-perfect for outdoor enjoyment. Located near schools, walking trails, golf courses, wineries, fine dining, all major amenities and quick QEW access. Note: Move-in ready with a flexible closing date. The list price included the current $70,000 promotional incentive. This Castello model can be rebuilt for $1,329,000 without a finished basement and our Luxury finishes.
Estimate your monthly payments for this property
Estimated Payment
$6,697.51/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Niagara Falls
Niagara Falls is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Niagara Falls
- •Convenient location in Niagara Falls
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Niagara Falls offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
2326 TERRAVITA Drive, Niagara Falls
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $606/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 103 days on site, this property has exceeded the typical selling timeline for Niagara Falls. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Niagara Falls are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Niagara Falls.
Bathroom Count Matters
With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Niagara Falls properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,309 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.