$649,900 - 5200 DORCHESTER Road Unit 3, Niagara Falls
Condo for Sale in Niagara Falls
- MLS Number
- X13143034
- Property Type
- Condo
- Status
- active
- Days on Site
- 25
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,400 sqft
- Neighbourhood
- Niagara Falls
- Locker
- None
- Exposure
- East
- Balcony
- None
- Listing Brokerage
- RE/MAX NIAGARA REALTY LTD, BROKERAGE
Beautifully renovated 2-storey townhouse located in one of Niagara Falls' most desirable and peaceful neighbourhoods! This stunning home offers the perfect blend of modern upgrades, comfort, and convenience. Step inside to a welcoming front entrance featuring elegant tile flooring that leads into a bright open-concept main level complete with stylish flooring, a cozy fireplace, and oversized windows that fill the space with natural light.The upgraded kitchen is designed to impress with quartz countertops, stainless steel appliances, upgraded fixtures, and plenty of functional workspace for everyday living and entertaining. The living area flows seamlessly to the private backyard deck, creating the perfect indoor-outdoor space to relax or host guests.Upstairs features 3 spacious bedrooms and a beautifully appointed 4-piece bathroom. The primary bedroom includes a large walk-in closet with built-in shelving for added organization and convenience.The fully finished basement adds even more living space and includes a 3-piece bathroom, ideal for a recreation area, guest space, home office, or growing family needs.Enjoy the quiet and secluded backyard complete with lush green space and a gas hookup ready for your future BBQ setup. This carpet-free home includes all appliances and showcases quality upgrades throughout.Located just minutes from Dorchester Road, shopping, restaurants, schools, parks, trails, highway access, and all amenities Niagara Falls has to offer. Surrounded by great neighbours and beautiful walking trails, this is the perfect opportunity to enjoy peaceful living while staying close to everything you need. Move-in ready and waiting for someone to call it home!
Estimate your monthly payments for this property
Estimated Payment
$3,334.32/mo
Includes CMHC insurance ($18,132)
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.
5200 DORCHESTER Road Unit 3, Niagara Falls
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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 $464/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 25 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.
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 $2,708 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.