7040 Garner Road Unit LOT 3, Niagara Falls

Price: $975,000

4 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: X12998608

Welcome to this stunning custom-built two-storey home on Garner Rd in Niagara Falls, thoughtfully designed to combine modern style with functional family living. This to-be-built home features over 2,100 sq ft with a bright, open-concept main floor highlighted by a spacious kitchen with large island, seamless flow into the dining area, and a generous living room perfect for entertaining. A convenient powder room and interior access to the garage complete the main level. Upstairs, you'll find four well-appointed bedrooms including a spacious primary suite with walk-in closet and private ensuite, along with a full main bath and second-floor laundry for added convenience. The home also offers a full unfinished basement providing incredible opportunity for future living space. Exterior features include a striking combination of brick, stone, and siding, a covered front entry, and an attached garage, delivering strong curb appeal. Built with quality craftsmanship and modern finishes throughout, this is your chance to customize and create your dream home in a desirable, family-friendly neighbourhood close to schools, parks, and all amenities. Plans, pricing, and customization options available! Property Tax to be assessed. Price includes HST, net of the applicable rebate, which is to be assigned to and collected by the builder. If the buyer does not qualify for the HST rebate(s), the HST will be payable by the Buyer in addition to the purchase price shown.

7040 Garner Road Unit LOT 3 - Detached photo 1 of 3 in Niagara Falls, Ontario
7040 Garner Road Unit LOT 3 - Detached photo 2 of 3 in Niagara Falls, Ontario
7040 Garner Road Unit LOT 3 - Detached photo 3 of 3 in Niagara Falls, Ontario
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$975,000 - 7040 Garner Road Unit LOT 3, Niagara Falls

Detached for Sale in Niagara Falls

66 days on market
4Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
X12998608
Property Type
Detached
Status
active
Days on Site
66
Bedrooms
4
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Niagara Falls
Listing Brokerage
REVEL Realty Inc., Brokerage
Description

Welcome to this stunning custom-built two-storey home on Garner Rd in Niagara Falls, thoughtfully designed to combine modern style with functional family living. This to-be-built home features over 2,100 sq ft with a bright, open-concept main floor highlighted by a spacious kitchen with large island, seamless flow into the dining area, and a generous living room perfect for entertaining. A convenient powder room and interior access to the garage complete the main level. Upstairs, you'll find four well-appointed bedrooms including a spacious primary suite with walk-in closet and private ensuite, along with a full main bath and second-floor laundry for added convenience. The home also offers a full unfinished basement providing incredible opportunity for future living space. Exterior features include a striking combination of brick, stone, and siding, a covered front entry, and an attached garage, delivering strong curb appeal. Built with quality craftsmanship and modern finishes throughout, this is your chance to customize and create your dream home in a desirable, family-friendly neighbourhood close to schools, parks, and all amenities. Plans, pricing, and customization options available! Property Tax to be assessed. Price includes HST, net of the applicable rebate, which is to be assigned to and collected by the builder. If the buyer does not qualify for the HST rebate(s), the HST will be payable by the Buyer in addition to the purchase price shown.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,002.26/mo

Includes CMHC insurance ($27,203)

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5-yr fixed avg.

Principal: $877,500Interest: $595,974
Mortgage Amount$904,703
Total Interest$595,974
Est. Property Tax$691/mo
Total Cost$1,500,677

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

7040 Garner Road Unit LOT 3, Niagara Falls

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$691
Insurance (est.)-$203
Net Cash Flow+$2,406

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 $488/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 66 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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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 $4,063 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    7040 Garner Road Unit LOT 3, Niagara Falls | $975,000 | Battaglia Team