6511 Riall Street, Niagara Falls

Price: $674,700

4 bedrooms, 1 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: X13003412

Looking for a home for lively poolside gatherings and cherished family holiday traditions? A country size lot (.40 acre), within the City and without the $1M+ price tag. This charming 1898 built home of 2000 sq ft. sits on a 115x150 lot offers a rare blend of character, space and/or future potential. Step outside to your private oasis with a secluded 40 ft concrete pool. The interior includes timeless character, including high ceilings, plank flooring, and substantial baseboards. The kitchen won't be on the to-do list as it was beautifully refreshed in 2022 with cabinetry and sleek granite. 4 bedrooms up. The exterior offers peace of mind with a poured foundation (plus block on addition), updated roof shingles, and newer windows.

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$674,700 - 6511 Riall Street, Niagara Falls

Detached for Sale in Niagara Falls

65 days on market
4Beds
1Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
X13003412
Property Type
Detached
Status
active
Days on Site
65
Bedrooms
4
Bathrooms
1
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Niagara Falls
Listing Brokerage
ROYAL LEPAGE NRC REALTY
Description

Looking for a home for lively poolside gatherings and cherished family holiday traditions? A country size lot (.40 acre), within the City and without the $1M+ price tag. This charming 1898 built home of 2000 sq ft. sits on a 115x150 lot offers a rare blend of character, space and/or future potential. Step outside to your private oasis with a secluded 40 ft concrete pool. The interior includes timeless character, including high ceilings, plank flooring, and substantial baseboards. The kitchen won't be on the to-do list as it was beautifully refreshed in 2022 with cabinetry and sleek granite. 4 bedrooms up. The exterior offers peace of mind with a poured foundation (plus block on addition), updated roof shingles, and newer windows.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,461.56/mo

Includes CMHC insurance ($18,824)

$
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5%10%50%

5-yr fixed avg.

Principal: $607,230Interest: $412,414
Mortgage Amount$626,054
Total Interest$412,414
Est. Property Tax$478/mo
Total Cost$1,038,468

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

6511 Riall Street, Niagara Falls

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
5.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$478
Insurance (est.)-$141
Net Cash Flow+$2,931

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 $270/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 65 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Niagara Falls. Good resale value as demand remains consistent.

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 $2,811 (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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    6511 Riall Street, Niagara Falls | $674,700 | Battaglia Team