5240 Marcel Crescent, Niagara Falls

Price: $999,000

5 bedrooms, 3 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: X13249168

This fully renovated showpiece tucked away on a quiet cul-de-sac in one of Niagara Falls most desirable neighbourhoods could be yours! Backing directly onto a park with no rear neighbours, this immaculate home offers privacy, luxury, and versatility both inside and out.The main level features three spacious bedrooms and a beautifully designed open-concept layout. The upper-level primary suite is a true retreat, complete with a built-in closet and a premium ensuite featuring heated floors, renovated just five years ago. Elegant touches like hardwood flooring (2019), coffered ceilings above the dining area, and quartz countertops in both the upper and lower kitchens elevate the homes appeal. The upper kitchen also features a gas stove and a large island, perfect for family meals or entertaining.The fully finished lower level offers a complete in-law or guest suite with a large bedroom, full bathroom, spacious rec room, and full kitchen all with a separate walk-up entrance. This level was extensively renovated in 2021, including new windows throughout.Step outside to a resort-style backyard oasis. Professionally hardscaped and fully fenced (new in 2014), it includes a saltwater in-ground pool (10 years old) with a new liner (2024), fire pit, and a covered upper deck with a built-in hot tub.Additional updates include a new front door (2025), A/C (78 years), roof (10 years), and a full kitchen renovation upstairs approximately 8 years ago.This one-of-a-kind property is turn-key and ideal for multigenerational living or hosting with style.

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active
New Listing
1/50

$999,000 - 5240 Marcel Crescent, Niagara Falls

Detached for Sale in Niagara Falls

New — Listed 4 days ago
5Beds
3Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
X13249168
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
5
Bathrooms
3
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Niagara Falls
Lot Size
3,591 sqft
Listing Brokerage
ROYAL LEPAGE NRC REALTY
Description

This fully renovated showpiece tucked away on a quiet cul-de-sac in one of Niagara Falls most desirable neighbourhoods could be yours! Backing directly onto a park with no rear neighbours, this immaculate home offers privacy, luxury, and versatility both inside and out.The main level features three spacious bedrooms and a beautifully designed open-concept layout. The upper-level primary suite is a true retreat, complete with a built-in closet and a premium ensuite featuring heated floors, renovated just five years ago. Elegant touches like hardwood flooring (2019), coffered ceilings above the dining area, and quartz countertops in both the upper and lower kitchens elevate the homes appeal. The upper kitchen also features a gas stove and a large island, perfect for family meals or entertaining.The fully finished lower level offers a complete in-law or guest suite with a large bedroom, full bathroom, spacious rec room, and full kitchen all with a separate walk-up entrance. This level was extensively renovated in 2021, including new windows throughout.Step outside to a resort-style backyard oasis. Professionally hardscaped and fully fenced (new in 2014), it includes a saltwater in-ground pool (10 years old) with a new liner (2024), fire pit, and a covered upper deck with a built-in hot tub.Additional updates include a new front door (2025), A/C (78 years), roof (10 years), and a full kitchen renovation upstairs approximately 8 years ago.This one-of-a-kind property is turn-key and ideal for multigenerational living or hosting with style.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,125.39/mo

Includes CMHC insurance ($27,872)

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5-yr fixed avg.

Principal: $899,100Interest: $610,644
Mortgage Amount$926,972
Total Interest$610,644
Est. Property Tax$708/mo
Total Cost$1,537,616

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

5240 Marcel Crescent, Niagara Falls

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,450/mo
Range: $3,783 - $5,118
Cap Rate (ROI)
4.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$4,450
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$3,534

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 $285/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Niagara Falls's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Niagara Falls.

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.

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