$655,000 - 4552 Portage Road Unit 61, Niagara Falls
Condo for Sale in Niagara Falls
98 days on market- MLS Number
- X12859072
- Property Type
- Condo
- Status
- active
- Days on Site
- 98
- Bedrooms
- 4
- Bathrooms
- 10
- Square Feet
- 1,600 sqft
- Neighbourhood
- Niagara Falls
- Locker
- None
- Exposure
- North West
- Balcony
- None
- Listing Brokerage
- BAY STREET GROUP INC.
Brand new, never lived in home.This newly built property offers modern design, quality finishes, and the rare opportunity to own a home that has never been occupied. Built by Mountainview, Owner spend $58K to upgrade. Spacious living in the heart of Niagara Falls. 4 Bedrooms, 3.5 bathrooms with FINISHED BASEMENT!!!The main floor features 9-foot ceilings and vinyl flooring. A contemporary, open-concept kitchen featuring quartz countertops, a spacious island, and a charming eat-in dining area. The expansive master bedroom boasts a walk-in closet and an en-suite bathroom(Glass door shower), while the remaining three bedrooms share a luxurious four-piece bathroom. This property also boasts a double car garage, stone front. Spacious family room in the basement with 4th bathroom. It is the best choice for self-occupancy or investment.
Estimate your monthly payments for this property
Estimated Payment
$3,360.49/mo
Includes CMHC insurance ($18,275)
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.
4552 Portage Road Unit 61, Niagara Falls
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $409/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 98 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Niagara Falls. Good resale value as demand remains consistent.
Bathroom Count Matters
With 10 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 $2,729 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.