6705 Cropp Street Unit 55, Niagara Falls

Price: $599,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X12765088

Looking for City living lifestyle? Then look no further. This end-unit stacked townhome was built by Winzen in 2023 and called the "Cannery District" in an amazing location where you can truly be car-free! Walk to all amenities including restaurants, big box stores, groceries, doctors, schools and parks. Close to the QEW for an easy commute as well as on the bus route in a central Niagara Falls location. The home has quartz counter tops in the functional kitchen where you will find a bright and open concept main floor plan with plenty of windows being an end unit. There are two bedrooms and a full bath on the upper level along with the laundry closet. A juliette balcony is a bonus for the primary bedroom. The 3rd level is where you can access a huge private deck to enjoying evenings with plenty of sunshine with North and Westerly views. There is one above ground parking spot assigned to this unit. There are 3 sets of stairs in this unit, the perfect way to stay in shape! Come check out this property to see if this is the lifestyle you have been looking for! Please note: Maintenance fee of $240/month is approximate and will be confirmed.

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$599,000 - 6705 Cropp Street Unit 55, Niagara Falls

Condo for Sale in Niagara Falls

114 days on market
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X12765088
Property Type
Condo
Status
active
Days on Site
114
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Niagara Falls
Locker
None
Exposure
North West
Balcony
Open
Listing Brokerage
Century 21 Heritage House LTD
Description

Looking for City living lifestyle? Then look no further. This end-unit stacked townhome was built by Winzen in 2023 and called the "Cannery District" in an amazing location where you can truly be car-free! Walk to all amenities including restaurants, big box stores, groceries, doctors, schools and parks. Close to the QEW for an easy commute as well as on the bus route in a central Niagara Falls location. The home has quartz counter tops in the functional kitchen where you will find a bright and open concept main floor plan with plenty of windows being an end unit. There are two bedrooms and a full bath on the upper level along with the laundry closet. A juliette balcony is a bonus for the primary bedroom. The 3rd level is where you can access a huge private deck to enjoying evenings with plenty of sunshine with North and Westerly views. There is one above ground parking spot assigned to this unit. There are 3 sets of stairs in this unit, the perfect way to stay in shape! Come check out this property to see if this is the lifestyle you have been looking for! Please note: Maintenance fee of $240/month is approximate and will be confirmed.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,073.18/mo

Includes CMHC insurance ($16,712)

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5-yr fixed avg.

Principal: $539,100Interest: $366,142
Mortgage Amount$555,812
Total Interest$366,142
Est. Property Tax$424/mo
Total Cost$921,954

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

6705 Cropp Street Unit 55, Niagara Falls

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$424
Insurance (est.)-$125
Net Cash Flow+$1,161

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 $599/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 114 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.

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 $2,496 (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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    6705 Cropp Street Unit 55, Niagara Falls | $599,000 | Battaglia Team