$529,900 - 4688 Lee Avenue, Niagara Falls
Semi-Detached for Sale in Niagara Falls
88 days on market- MLS Number
- X12890942
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 88
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Niagara Falls
- Listing Brokerage
- EXP REALTY
Welcome to 4688 Lee Avenue in Niagara Falls. A beautifully updated 2+1 bedroom, 2 full bathroom bi-level semi-detached home designed with flexibility and modern family living in mind.Step inside to a bright and refreshed main level featuring durable vinyl flooring throughout, a stylish kitchen with modern fixtures and backsplash, and a clean, functional layout perfect for everyday living. The main floor bathroom has been tastefully renovated with contemporary finishes, offering a fresh and inviting space for the whole family.Downstairs, the fully finished lower level provides incredible versatility. With a spacious bedroom, full bathroom, second kitchen, living area, and its own separate entrance, this level is ideal for multi-generational living, extended family, or creating a private space for guests.A rare and highly desirable feature. Both the main level and lower level are equipped with their own dedicated laundry, adding convenience and independence for larger households.An added benefit. Solar panels are installed on the property and generate approximately $500 per year in income through an agreement with the neighbouring property owner. Outside, enjoy a fully fenced yard offering privacy and room for kids or pets to play, plus a convenient storage shed. With plenty of parking and an easy-to-show layout, this home checks all the boxes for growing families.Located in a quiet, family-friendly neighbourhood close to schools, parks, shopping, and just one minute to the QEW, this home offers the perfect balance of comfort, convenience, and lifestyle. A fantastic opportunity to own a move-in ready home with space for everyone.
Estimate your monthly payments for this property
Estimated Payment
$2,718.66/mo
Includes CMHC insurance ($14,784)
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.
4688 Lee Avenue, 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 $757/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 88 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.
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.
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 $2,208 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.