7010 Bonnie Street, Niagara Falls

Price: $515,000

3 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Semi-Detached

MLS#: X12683050

4 Car Parking on the Driveway. 2024 work done on the property; New Electric Panel & all Electric Outlets inside the home. Dimmer light switch for Liv Rm, & exterior rear pot lighting. Lower Level six(6) new Pot Lights, also on a Dimmer. Secondary Electric panel installed with wiring for an Electric Vehicle Charger. New Window installed in Lower Level & exterior window well. Exterior; New 33 ft. x 12 ft. side Interlock, 8 Foot height privacy fence & new 3 ft. x30 ft. front interlock / extending the existing driveway parking space. 2024 New Gazebo installed. $50K spent. Private Backyard Space, Front & front / side of house Exterior Pot Lighting under the eaves, with sensor lighting to come on automatically at night, & with a dimmer switch to adjust the lighting you'd like. With some renovations the lower level can become a more independent living space.

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$515,000 - 7010 Bonnie Street, Niagara Falls

Semi-Detached for Sale in Niagara Falls

103 days on market
3Beds
1Baths
700 - 1,099Sq Ft
Semi-Detached
Property Details
MLS Number
X12683050
Property Type
Semi-Detached
Status
active
Days on Site
103
Bedrooms
3
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Niagara Falls
Lot Size
3,982 sqft
Listing Brokerage
ROYAL LEPAGE MEADOWTOWNE REALTY
Description

4 Car Parking on the Driveway. 2024 work done on the property; New Electric Panel & all Electric Outlets inside the home. Dimmer light switch for Liv Rm, & exterior rear pot lighting. Lower Level six(6) new Pot Lights, also on a Dimmer. Secondary Electric panel installed with wiring for an Electric Vehicle Charger. New Window installed in Lower Level & exterior window well. Exterior; New 33 ft. x 12 ft. side Interlock, 8 Foot height privacy fence & new 3 ft. x30 ft. front interlock / extending the existing driveway parking space. 2024 New Gazebo installed. $50K spent. Private Backyard Space, Front & front / side of house Exterior Pot Lighting under the eaves, with sensor lighting to come on automatically at night, & with a dimmer switch to adjust the lighting you'd like. With some renovations the lower level can become a more independent living space.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,642.22/mo

Includes CMHC insurance ($14,369)

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5-yr fixed avg.

Principal: $463,500Interest: $314,797
Mortgage Amount$477,869
Total Interest$314,797
Est. Property Tax$365/mo
Total Cost$792,665

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

7010 Bonnie Street, Niagara Falls

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
5.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$365
Insurance (est.)-$107
Net Cash Flow+$2,328

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 $736/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 103 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.

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.

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 $2,146 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    7010 Bonnie Street, Niagara Fal… — $515,000 | Battaglia Team