$399,000 - 4132 Chippawa Parkway, Niagara Falls
Semi-Detached for Sale in Niagara Falls
103 days on market- MLS Number
- X12401254
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 103
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Niagara Falls
- Lot Size
- 8,712 sqft
- Listing Brokerage
- ROYAL LEPAGE NRC REALTY
Discover this rare opportunity just steps from the Niagara River Parkway and public boat launch, only minutes to the Falls, shopping, the new hospital, and US border crossings. Semi-detached home sits on an oversized 66 ft x 132 ft lot and is currently set up as two separate rental units with long-term tenants in place. Main Floor Unit: 1 bedroom, living room, kitchen, and 3-pc bath. Lower Level Unit: 1 bedroom + office, spacious kitchen, bright living room with walkout patio doors, and 4-pc bath. Investor Perks: Separate hydro meters (tenants pay their own utilities, owner pays water)Tenants would like to stay if not (minimum 60 days notice required for closing) Endless Possibilities with R2 Zoning: Continue as an income property, convert back into a single-family home, renovate and expand or build new (with city approval) Enjoy the best of both worlds, investment income today with future development potential tomorrow, all in the peaceful and desirable community of Chippawa. Don't miss this versatile property in one of Niagara's most convenient and scenic locations!
Estimate your monthly payments for this property
Estimated Payment
$2,047.08/mo
Includes CMHC insurance ($11,132)
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.
4132 Chippawa Parkway, 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 $570/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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.