$948,800 - 4705 Lee Avenue, Niagara Falls
Detached for Sale in Niagara Falls
70 days on market- MLS Number
- X12979020
- Property Type
- Detached
- Status
- active
- Days on Site
- 70
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Niagara Falls
- Listing Brokerage
- ROYAL LEPAGE NRC REALTY
BRAND NEW HOME on a rare 48x148 ft lot featuring over 2,400 sq ft of quality finished living space. The main floor features a stunning kitchen with an island, ample cabinetry, quartz counters, under-cabinet lighting, gas and electric stove hookups and a waterline for the fridge. The kitchen flows well into the dining area and the family room featuring tray ceiling, built-in cabinetry and fireplace. 9ft ceilings, a large welcoming foyer, convenient garage access and a 2pc bath complete the main floor. The upstairs features a spacious king size primary suite with a walk-in closet and a 4pc ensuite with double sinks and quartz counters, along with two generously sized bedrooms, a 4pc bath with pantry and quartz counters and a spacious second-floor laundry room. The partly finished basement (an upgrade for most builders) adds a rec room, rough-in for a 3pc bath and potential for a fourth bedroom. Exterior features include stone and stucco finishes, a covered rear patio with gas hookup and a fully fenced yard - highlighted by a generous size backyard that is rarely offered and provides outstanding outdoor space for families. Interior upgrades such as oak staircases with iron spindles, tray ceilings, 19 recessed lights and double shelving throughout closets. Built by a trusted local builder and backed by a Tarion warranty, this home offers exceptional value. It is ideally located near parks, schools, shopping, transit, and highway access. Experience the difference quality makes! Note: List price reflects the HST rebate.
Estimate your monthly payments for this property
Estimated Payment
$4,867.84/mo
Includes CMHC insurance ($26,472)
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.
4705 Lee Avenue, 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 $474/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 70 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.
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.
Bathroom Count Matters
With 3 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 $3,953 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.