6504 Monroe Street, Niagara Falls

Price: $435,000

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13039362

Welcome to this charming 2 bedroom, 1 bathroom bungalow bursting with potential! Freshly painted in 2024, bathroom updated in 2024 and flooring, this home offers a bright, refreshed feel that's move-in ready while still leaving room to make it your own. The layout is cozy and functional, with an opportunity to expand-whether you're considering finishing the basement for additional living space or creating a potential third bedroom. It's a great option for buyers looking to build equity and customize over time. Perfect for first-time homebuyers, downsizers, or investors, this property checks all the right boxes. Situated in a quiet, family-friendly neighbourhood, you'll love the convenience of being close to shopping, dining, schools, and just a short drive to Niagara Falls. Whether you're looking to settle in or invest, this home offers incredible value and endless possibilities.

6504 Monroe Street - Detached photo 1 of 28 in Niagara Falls, Ontario
6504 Monroe Street - Detached photo 2 of 28 in Niagara Falls, Ontario
6504 Monroe Street - Detached photo 3 of 28 in Niagara Falls, Ontario
6504 Monroe Street - Detached photo 4 of 28 in Niagara Falls, Ontario
6504 Monroe Street - Detached photo 5 of 28 in Niagara Falls, Ontario
6504 Monroe Street - Detached photo 6 of 28 in Niagara Falls, Ontario
6504 Monroe Street - Detached photo 7 of 28 in Niagara Falls, Ontario
6504 Monroe Street - Detached photo 8 of 28 in Niagara Falls, Ontario
6504 Monroe Street - Detached photo 9 of 28 in Niagara Falls, Ontario
6504 Monroe Street - Detached photo 10 of 28 in Niagara Falls, Ontario
6504 Monroe Street - Detached photo 11 of 28 in Niagara Falls, Ontario
6504 Monroe Street - Detached photo 12 of 28 in Niagara Falls, Ontario
6504 Monroe Street - Detached photo 13 of 28 in Niagara Falls, Ontario
6504 Monroe Street - Detached photo 14 of 28 in Niagara Falls, Ontario
6504 Monroe Street - Detached photo 15 of 28 in Niagara Falls, Ontario
6504 Monroe Street - Detached photo 16 of 28 in Niagara Falls, Ontario
6504 Monroe Street - Detached photo 17 of 28 in Niagara Falls, Ontario
6504 Monroe Street - Detached photo 18 of 28 in Niagara Falls, Ontario
6504 Monroe Street - Detached photo 19 of 28 in Niagara Falls, Ontario
6504 Monroe Street - Detached photo 20 of 28 in Niagara Falls, Ontario
6504 Monroe Street - Detached photo 21 of 28 in Niagara Falls, Ontario
6504 Monroe Street - Detached photo 22 of 28 in Niagara Falls, Ontario
6504 Monroe Street - Detached photo 23 of 28 in Niagara Falls, Ontario
6504 Monroe Street - Detached photo 24 of 28 in Niagara Falls, Ontario
6504 Monroe Street - Detached photo 25 of 28 in Niagara Falls, Ontario
6504 Monroe Street - Detached photo 26 of 28 in Niagara Falls, Ontario
6504 Monroe Street - Detached photo 27 of 28 in Niagara Falls, Ontario
6504 Monroe Street - Detached photo 28 of 28 in Niagara Falls, Ontario
active
1/28

$435,000 - 6504 Monroe Street, Niagara Falls

Detached for Sale in Niagara Falls

56 days on market
2Beds
1Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13039362
Property Type
Detached
Status
active
Days on Site
56
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Niagara Falls
Listing Brokerage
ROYAL LEPAGE NRC REALTY
Description

Welcome to this charming 2 bedroom, 1 bathroom bungalow bursting with potential! Freshly painted in 2024, bathroom updated in 2024 and flooring, this home offers a bright, refreshed feel that's move-in ready while still leaving room to make it your own. The layout is cozy and functional, with an opportunity to expand-whether you're considering finishing the basement for additional living space or creating a potential third bedroom. It's a great option for buyers looking to build equity and customize over time. Perfect for first-time homebuyers, downsizers, or investors, this property checks all the right boxes. Situated in a quiet, family-friendly neighbourhood, you'll love the convenience of being close to shopping, dining, schools, and just a short drive to Niagara Falls. Whether you're looking to settle in or invest, this home offers incredible value and endless possibilities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,231.78/mo

Includes CMHC insurance ($12,137)

$
$
5%10%50%

5-yr fixed avg.

Principal: $391,500Interest: $265,896
Mortgage Amount$403,637
Total Interest$265,896
Est. Property Tax$308/mo
Total Cost$669,533

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.

Ready to get pre-approved?

Know your exact budget before you start house hunting.

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

6504 Monroe Street, Niagara Falls

Open in Google Maps

Use the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.

Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
5.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$308
Insurance (est.)-$91
Net Cash Flow+$2,001

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 $621/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 56 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.

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.

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.

Similar Properties Nearby

Active listings in Niagara Falls with similar features

Search
Log in
    6504 Monroe Street, Niagara Falls | $435,000 | Battaglia Team