5698 Main Street Unit 714, Niagara Falls

Price: $399,900

1 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: X13453628

Elevated living in the heart of Niagara Falls! Welcome to Unit 714 at 5698 Main Street, a bright and spacious 1-bedroom, 1-bathroom condominium offering 754 sq. ft. of comfortable, low-maintenance living. Designed with both style and functionality in mind, this open-concept suite features quartz countertops, in-suite laundry, automatic blinds, and an abundance of natural light throughout. step onto your private balcony and take in stunning views of downtown Niagara Falls, including the unforgettable nightly fireworks displays throughout the summer nights. Perfect for first-time buyers, young professionals, retirees, or downsizers, this pet-friendly residence combines convenience, comfort, and security. Residents enjoy a secure entrance, concierge service, surveillance in the parking area, and surface parking included, with underground parking available for rent. The building is uniquely connected to chiropractic and spa services, with access to a fitness facility available for an additional monthly fee. Ideally located close to shopping, restaurants, the hospital, major highways, and Niagara Falls' world-famous tourist district, this home offers the perfect balance of accessibility and peaceful living. Whether you're starting out, simplifying your lifestyle, or looking for a turnkey home in a prime location, Unit 714 is ready to impress.

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New Listing
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$399,900 - 5698 Main Street Unit 714, Niagara Falls

Condo for Sale in Niagara Falls

New — Listed 2 days ago
1Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
X13453628
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
1
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Niagara Falls
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
RE/MAX ESCARPMENT GOLFI REALTY INC.
Description

Elevated living in the heart of Niagara Falls! Welcome to Unit 714 at 5698 Main Street, a bright and spacious 1-bedroom, 1-bathroom condominium offering 754 sq. ft. of comfortable, low-maintenance living. Designed with both style and functionality in mind, this open-concept suite features quartz countertops, in-suite laundry, automatic blinds, and an abundance of natural light throughout. step onto your private balcony and take in stunning views of downtown Niagara Falls, including the unforgettable nightly fireworks displays throughout the summer nights. Perfect for first-time buyers, young professionals, retirees, or downsizers, this pet-friendly residence combines convenience, comfort, and security. Residents enjoy a secure entrance, concierge service, surveillance in the parking area, and surface parking included, with underground parking available for rent. The building is uniquely connected to chiropractic and spa services, with access to a fitness facility available for an additional monthly fee. Ideally located close to shopping, restaurants, the hospital, major highways, and Niagara Falls' world-famous tourist district, this home offers the perfect balance of accessibility and peaceful living. Whether you're starting out, simplifying your lifestyle, or looking for a turnkey home in a prime location, Unit 714 is ready to impress.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,051.69/mo

Includes CMHC insurance ($11,157)

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5-yr fixed avg.

Principal: $359,910Interest: $244,441
Mortgage Amount$371,067
Total Interest$244,441
Est. Property Tax$283/mo
Total Cost$615,508

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

5698 Main Street Unit 714, Niagara Falls

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$455
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$979

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 $571/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.

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.

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.

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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    5698 Main Street Unit 714, Niagara Falls | $399,900 | Battaglia Team