6604 Locus Avenue, Niagara Falls

Price: $649,999

5 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13439080

Beautiful Updated Bungalow on a Premium 58' x 182' Lot with In-Law Suite & Income Potential! Welcome to this well-maintained and thoughtfully upgraded bungalow nestled in a quiet, family-friendly neighbourhood just minutes from Niagara Falls. Situated on an impressive 58' x 182' lot, this property offers exceptional outdoor space, ample parking, and versatile living arrangements ideal for families, investors, or multi-generational households. The bright and inviting main floor features a spacious living and dining area, 3 generously sized bedrooms with bamboo flooring, fresh paint throughout, and modern lighting fixtures. The updated kitchen showcases quartz countertops, MDF cabinetry, a stainless steel undermount sink, new faucets, and luxury waterproof vinyl flooring, combining style and functionality. The beautifully renovated main bathroom includes a solid wood vanity with quartz countertop, upgraded tub with sliding glass doors, elongated one-piece toilet with built-in bidet, new vanity lighting, and luxury vinyl flooring. The lower level offers a separate entrance and is perfectly set up as an in-law suite or income-generating unit, featuring 2 bedrooms, a full kitchen, full bathroom, and separate laundry, providing excellent rental potential. Step outside and enjoy the expansive backyard oasis complete with a garden area, play space, storage shed, and endless room for entertaining or relaxing. Additional highlights include a detached garage and a spacious 6-car driveway. Conveniently located just 7 minutes from Niagara Falls, close to parks, schools, shopping, and major amenities, this is an outstanding opportunity for homeowners and investors alike. Don't miss your chance to own this move-in-ready property with incredible income potential and a truly exceptional lot!

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active
New Listing
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$649,999 - 6604 Locus Avenue, Niagara Falls

Detached for Sale in Niagara Falls

New — Listed yesterday
5Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13439080
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
5
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Niagara Falls
Listing Brokerage
RE/MAX SKYWAY REALTY INC.
Description

Beautiful Updated Bungalow on a Premium 58' x 182' Lot with In-Law Suite & Income Potential! Welcome to this well-maintained and thoughtfully upgraded bungalow nestled in a quiet, family-friendly neighbourhood just minutes from Niagara Falls. Situated on an impressive 58' x 182' lot, this property offers exceptional outdoor space, ample parking, and versatile living arrangements ideal for families, investors, or multi-generational households. The bright and inviting main floor features a spacious living and dining area, 3 generously sized bedrooms with bamboo flooring, fresh paint throughout, and modern lighting fixtures. The updated kitchen showcases quartz countertops, MDF cabinetry, a stainless steel undermount sink, new faucets, and luxury waterproof vinyl flooring, combining style and functionality. The beautifully renovated main bathroom includes a solid wood vanity with quartz countertop, upgraded tub with sliding glass doors, elongated one-piece toilet with built-in bidet, new vanity lighting, and luxury vinyl flooring. The lower level offers a separate entrance and is perfectly set up as an in-law suite or income-generating unit, featuring 2 bedrooms, a full kitchen, full bathroom, and separate laundry, providing excellent rental potential. Step outside and enjoy the expansive backyard oasis complete with a garden area, play space, storage shed, and endless room for entertaining or relaxing. Additional highlights include a detached garage and a spacious 6-car driveway. Conveniently located just 7 minutes from Niagara Falls, close to parks, schools, shopping, and major amenities, this is an outstanding opportunity for homeowners and investors alike. Don't miss your chance to own this move-in-ready property with incredible income potential and a truly exceptional lot!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,334.83/mo

Includes CMHC insurance ($18,135)

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5%10%50%

5-yr fixed avg.

Principal: $584,999Interest: $397,315
Mortgage Amount$603,134
Total Interest$397,315
Est. Property Tax$460/mo
Total Cost$1,000,449

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

6604 Locus Avenue, Niagara Falls

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
5.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$3,005

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

Fair Market Value

At $929/sqft, this property is priced in line with current Niagara Falls market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

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.

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.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Niagara Falls.

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 $2,708 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    6604 Locus Avenue, Niagara Falls | $649,999 | Battaglia Team