4552 Portage Road Unit 61, Niagara Falls

Price: $649,900

4 bedrooms, 4 bathrooms

1,600 sqft

Property Type: Condo

MLS#: X13172674

Brand new, never lived in, spacious and modern living in the heart of Niagara Falls! This stunning townhouse, built by Mountainview, offers 4 bedrooms, 3.5 bathrooms, and a fully finished basement, with over $58,000 in owner upgrades. Located in the desirable north of Niagara Falls, this home combines style, comfort, and investment potential.The main floor features 9-foot ceilings, elegant vinyl flooring, and a bright open-concept layout. The contemporary kitchen is equipped with quartz countertops, a center island, and a charming eat-in dining area - perfect for family living and entertaining.The spacious primary bedroom includes a walk-in closet and a luxurious ensuite bathroom with a glass-door shower. Three additional generously sized bedrooms share a beautifully appointed four-piece bathroom.Additional highlights include a wide car garage, attractive stone-front exterior, and a spacious basement family room complete with a fourth bathroom. Ideal for self-occupancy or as an excellent investment opportunity.

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$649,900 - 4552 Portage Road Unit 61, Niagara Falls

Condo for Sale in Niagara Falls

4Beds
4Baths
1,600Sq Ft
Condo
Property Details
MLS Number
X13172674
Property Type
Condo
Status
active
Days on Site
19
Bedrooms
4
Bathrooms
4
Square Feet
1,600 sqft
Neighbourhood
Niagara Falls
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
BAY STREET GROUP INC.
Description

Brand new, never lived in, spacious and modern living in the heart of Niagara Falls! This stunning townhouse, built by Mountainview, offers 4 bedrooms, 3.5 bathrooms, and a fully finished basement, with over $58,000 in owner upgrades. Located in the desirable north of Niagara Falls, this home combines style, comfort, and investment potential.The main floor features 9-foot ceilings, elegant vinyl flooring, and a bright open-concept layout. The contemporary kitchen is equipped with quartz countertops, a center island, and a charming eat-in dining area - perfect for family living and entertaining.The spacious primary bedroom includes a walk-in closet and a luxurious ensuite bathroom with a glass-door shower. Three additional generously sized bedrooms share a beautifully appointed four-piece bathroom.Additional highlights include a wide car garage, attractive stone-front exterior, and a spacious basement family room complete with a fourth bathroom. Ideal for self-occupancy or as an excellent investment opportunity.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,334.32/mo

Includes CMHC insurance ($18,132)

$
$
5%10%50%

5-yr fixed avg.

Principal: $584,910Interest: $397,255
Mortgage Amount$603,042
Total Interest$397,255
Est. Property Tax$460/mo
Total Cost$1,000,297

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

4552 Portage Road Unit 61, Niagara Falls

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,640/mo
Range: $3,094 - $4,186
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,640
Maintenance Fees-$1,040
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$2,005

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 $406/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.

Market Position

At 19 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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 4 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 $2,708 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    4552 Portage Road Unit 61, Niag… — $649,900 | Battaglia Team