$689,700 - 7138 PARSA Street Unit 7, Niagara Falls
Condo for Sale in Niagara Falls
New — Listed 5 days ago- MLS Number
- X13229282
- Property Type
- Condo
- Status
- active
- Days on Site
- 5
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,400 sqft
- Neighbourhood
- Niagara Falls
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- REVEL Realty Inc., Brokerage
Welcome to this beautifully maintained bungalow in the heart of Niagara Falls, offering the perfect blend of comfort, convenience, and accessibility. With approximately 1,700 sq ft of thoughtfully designed living space, this home is ideal for downsizers, retirees, or anyone seeking easy one-level living without compromising on space.Featuring 2 generously sized bedrooms and 2 full bathrooms, this home provides both functionality and privacy. The spacious primary bedroom offers ample closet space and a relaxing retreat, while the second bedroom is perfect for guests, a home office, or hobby space.The bright and inviting main living area flows seamlessly, creating a warm and welcoming atmosphere. Large windows bring in natural light, enhancing the home's airy feel. The layout is designed with accessibility in mind, making everyday living comfortable and convenient.Step outside to enjoy the covered deck-perfect in a fully fenced backyard for morning coffee, evening relaxation, or entertaining family and friends in any season.The home also boasts a spacious basement with endless potential-ideal for additional living space, a recreation room, or ample storage.Location is a standout feature. Situated just minutes from major amenities including shopping, grocery stores, schools, and dining. You're close to Costco, Metro, and a local high school, making daily errands effortless. Commuters will appreciate the quick and easy access to the QEW, providing seamless connectivity to surrounding areas.This is a rare opportunity to own a well-appointed bungalow in a highly desirable and convenient location. Whether you're looking to simplify your lifestyle or invest in a practical and comfortable home, this property checks all the boxes.
Estimate your monthly payments for this property
Estimated Payment
$3,538.52/mo
Includes CMHC insurance ($19,243)
5-yr fixed avg.
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.
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
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.
7138 PARSA Street Unit 7, Niagara Falls
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $493/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.
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.
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.
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 $2,874 (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.