5622 Ironwood Street Unit 12, Niagara Falls

Price: $699,900

2 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X13226610

ASSIGNMENT SALE - Exceptional opportunity to secure a luxury bungalow condo in one of Niagara Falls' most desirable communities. Offering elegant design, modern finishes, and low-maintenance living, this thoughtfully designed home is ideal for downsizers, retirees, professionals, or buyers seeking the convenience of bungalow living without compromise.Step inside to a bright open-concept layout where natural light fills the space. The modern kitchen features stylish finishes, sleek countertops, ample cabinetry, pantry storage, and overlooks the spacious dining and living areas creating the perfect setting for both everyday living and entertaining.The primary suite offers a private retreat with generous space, a well-appointed ensuite bath, and ample closet storage. A second bedroom and additional full bathroom provide flexibility for guests, family, or a home office setup. Enjoy outdoor living with a private rear covered deck designed for relaxation and minimal upkeep, while the attached double garage adds everyday practicality and convenience. Low condo fees covering exterior maintenance and snow removal allow for a worry-free lifestyle. Conveniently positioned close to shopping, parks, schools, dining, and major highway access, this is an opportunity to enjoy comfort, style, and convenience in an established Niagara Falls community.

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$699,900 - 5622 Ironwood Street Unit 12, Niagara Falls

Condo for Sale in Niagara Falls

Popular Listing
2Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
X13226610
Property Type
Condo
Status
active
Days on Site
11
Bedrooms
2
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Niagara Falls
Locker
None
Exposure
West
Balcony
None
Listing Brokerage
REVEL Realty Inc., Brokerage
Description

ASSIGNMENT SALE - Exceptional opportunity to secure a luxury bungalow condo in one of Niagara Falls' most desirable communities. Offering elegant design, modern finishes, and low-maintenance living, this thoughtfully designed home is ideal for downsizers, retirees, professionals, or buyers seeking the convenience of bungalow living without compromise.Step inside to a bright open-concept layout where natural light fills the space. The modern kitchen features stylish finishes, sleek countertops, ample cabinetry, pantry storage, and overlooks the spacious dining and living areas creating the perfect setting for both everyday living and entertaining.The primary suite offers a private retreat with generous space, a well-appointed ensuite bath, and ample closet storage. A second bedroom and additional full bathroom provide flexibility for guests, family, or a home office setup. Enjoy outdoor living with a private rear covered deck designed for relaxation and minimal upkeep, while the attached double garage adds everyday practicality and convenience. Low condo fees covering exterior maintenance and snow removal allow for a worry-free lifestyle. Conveniently positioned close to shopping, parks, schools, dining, and major highway access, this is an opportunity to enjoy comfort, style, and convenience in an established Niagara Falls community.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,590.85/mo

Includes CMHC insurance ($19,527)

$
$
5%10%50%

5-yr fixed avg.

Principal: $629,910Interest: $427,818
Mortgage Amount$649,437
Total Interest$427,818
Est. Property Tax$496/mo
Total Cost$1,077,255

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

5622 Ironwood Street Unit 12, Niagara Falls

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$496
Insurance (est.)-$146
Net Cash Flow+$1,098

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 $583/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.

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.

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 $2,916 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    5622 Ironwood Street Unit 12, N… — $699,900 | Battaglia Team