4688 Lee Avenue, Niagara Falls

Price: $524,900

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Semi-Detached

MLS#: X13001278

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 everyday comfort in mind.Step inside to a bright and refreshed main level featuring durable vinyl flooring throughout, a stylish kitchen with updated fixtures, backsplash, and plenty of workspace, and a clean, functional layout that makes day-to-day living easy. The renovated main bathroom offers a fresh, modern feel with contemporary finishes that elevate the space.The fully finished lower level is where this home truly stands out. Complete with its own separate entrance, a second kitchen, spacious living area, full bathroom, and an additional bedroom, it provides incredible flexibility for multi-generational living, extended family, or a private space for guests. Whether you need room to grow or want to create separation within the home, this layout gives you options.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 or shared living arrangements.Outside, you'll find a fully fenced backyard offering privacy and space for kids or pets to enjoy, along with a storage shed and ample parking. The outdoor space is easy to maintain while still providing room to relax, entertain, or unwind.Located in a quiet, family-friendly neighbourhood, this home is close to schools, parks, shopping, and everyday amenities, with quick and convenient access to the QEW for commuters. It's a location that supports both busy lifestyles and comfortable day-to-day living.A solid opportunity for buyers looking for a move-in ready home with flexibility, functionality, and room to adapt to their needs over time.

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$524,900 - 4688 Lee Avenue, Niagara Falls

Semi-Detached for Sale in Niagara Falls

59 days on market
3Beds
2Baths
700 - 1,099Sq Ft
Semi-Detached
Property Details
MLS Number
X13001278
Property Type
Semi-Detached
Status
active
Days on Site
59
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Niagara Falls
Listing Brokerage
EXP REALTY
Description

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 everyday comfort in mind.Step inside to a bright and refreshed main level featuring durable vinyl flooring throughout, a stylish kitchen with updated fixtures, backsplash, and plenty of workspace, and a clean, functional layout that makes day-to-day living easy. The renovated main bathroom offers a fresh, modern feel with contemporary finishes that elevate the space.The fully finished lower level is where this home truly stands out. Complete with its own separate entrance, a second kitchen, spacious living area, full bathroom, and an additional bedroom, it provides incredible flexibility for multi-generational living, extended family, or a private space for guests. Whether you need room to grow or want to create separation within the home, this layout gives you options.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 or shared living arrangements.Outside, you'll find a fully fenced backyard offering privacy and space for kids or pets to enjoy, along with a storage shed and ample parking. The outdoor space is easy to maintain while still providing room to relax, entertain, or unwind.Located in a quiet, family-friendly neighbourhood, this home is close to schools, parks, shopping, and everyday amenities, with quick and convenient access to the QEW for commuters. It's a location that supports both busy lifestyles and comfortable day-to-day living.A solid opportunity for buyers looking for a move-in ready home with flexibility, functionality, and room to adapt to their needs over time.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,693.01/mo

Includes CMHC insurance ($14,645)

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5%10%50%

5-yr fixed avg.

Principal: $472,410Interest: $320,848
Mortgage Amount$487,055
Total Interest$320,848
Est. Property Tax$372/mo
Total Cost$807,903

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

4688 Lee Avenue, Niagara Falls

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
5.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$372
Insurance (est.)-$109
Net Cash Flow+$2,319

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 $750/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 59 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 $2,187 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    4688 Lee Avenue, Niagara Falls — $524,900 | Battaglia Team