3381 Montrose Road Unit TH 9, Niagara Falls

Price: $518,500

3 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X12848010

If your are like most home buyers, you will have made a list of your "must haves and would like to haves" in your new home well let's see, 3 bedrooms, 3 baths, open plan with cozy gas fireplace in the living room and walkout to retractable awning covered BBQ deck, a dining room where your favorite suite will easily fit, a king-size primary suite with walk-in wardrobe and ensuite, a spacious second bedroom / family room, and practical 3 piece second bath combined with laundry. Fully finished, the lower level includes a combination recreation / games room with custom wall unit with fireplace, flatscreen TV and a hospitality bar with fridge. Oh yes, a third bedroom with privileges to another 3 piece bath, a workshop / storage room and utility room too. There is inside access from the single car garage with outside parking on the double drive. Conveniently located to public transportation, there is easy access to QEW and just around the corner you will find shopping and community services. Oh one more temptation, if you are just starting out and need furnishings and accessories, everything you see can be yours at NO Additional Cost! So, let's check that list, we think TH 9 at 3381 Montrose Road just might "fill the bill" and if it does then we invite you to come and take a look at what could be your new home.

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$518,500 - 3381 Montrose Road Unit TH 9, Niagara Falls

Condo for Sale in Niagara Falls

105 days on market
3Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
X12848010
Property Type
Condo
Status
active
Days on Site
105
Bedrooms
3
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Niagara Falls
Locker
None
Exposure
North East
Balcony
Open
Listing Brokerage
BOSLEY REAL ESTATE LTD.,
Description

If your are like most home buyers, you will have made a list of your "must haves and would like to haves" in your new home well let's see, 3 bedrooms, 3 baths, open plan with cozy gas fireplace in the living room and walkout to retractable awning covered BBQ deck, a dining room where your favorite suite will easily fit, a king-size primary suite with walk-in wardrobe and ensuite, a spacious second bedroom / family room, and practical 3 piece second bath combined with laundry. Fully finished, the lower level includes a combination recreation / games room with custom wall unit with fireplace, flatscreen TV and a hospitality bar with fridge. Oh yes, a third bedroom with privileges to another 3 piece bath, a workshop / storage room and utility room too. There is inside access from the single car garage with outside parking on the double drive. Conveniently located to public transportation, there is easy access to QEW and just around the corner you will find shopping and community services. Oh one more temptation, if you are just starting out and need furnishings and accessories, everything you see can be yours at NO Additional Cost! So, let's check that list, we think TH 9 at 3381 Montrose Road just might "fill the bill" and if it does then we invite you to come and take a look at what could be your new home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,660.17/mo

Includes CMHC insurance ($14,466)

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5-yr fixed avg.

Principal: $466,650Interest: $316,936
Mortgage Amount$481,116
Total Interest$316,936
Est. Property Tax$367/mo
Total Cost$798,052

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.

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Neighbourhood Guide: Niagara Falls

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

3381 Montrose Road Unit TH 9, Niagara Falls

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$367
Insurance (est.)-$108
Net Cash Flow+$1,665

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $432/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 105 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 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 $2,160 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    3381 Montrose Road Unit TH 9 | $518,500 | Battaglia Team