5815 SWAYZE Drive Unit 1, Niagara Falls

Price: $369,900

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13014140

Fantastic Location !! North end Niagara, end unit townhouse condo. Main floor features sunken living room with patio doors out to private patio, dining room, 2pc bath and kitchen. Upstairs is 3 bedrooms and full 4 pc bath. Finished basement. Close to all amenities, parks, schools and shopping. Ready for your touches - priced to go !!!

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$369,900 - 5815 SWAYZE Drive Unit 1, Niagara Falls

Condo for Sale in Niagara Falls

57 days on market
3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X13014140
Property Type
Condo
Status
active
Days on Site
57
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Niagara Falls
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
STICKS & BRICKS REALTY LTD.
Description

Fantastic Location !! North end Niagara, end unit townhouse condo. Main floor features sunken living room with patio doors out to private patio, dining room, 2pc bath and kitchen. Upstairs is 3 bedrooms and full 4 pc bath. Finished basement. Close to all amenities, parks, schools and shopping. Ready for your touches - priced to go !!!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,897.78/mo

Includes CMHC insurance ($10,320)

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5-yr fixed avg.

Principal: $332,910Interest: $226,103
Mortgage Amount$343,230
Total Interest$226,103
Est. Property Tax$262/mo
Total Cost$569,334

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

5815 SWAYZE Drive Unit 1, Niagara Falls

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
5.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$262
Insurance (est.)-$77
Net Cash Flow+$1,771

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 $370/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 57 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.

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.

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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    5815 SWAYZE Drive Unit 1, Niaga… — $369,900 | Battaglia Team