$725,000 - 7238 Parkdale Street, Niagara Falls
Detached for Sale in Niagara Falls
59 days on market- MLS Number
- X13023900
- Property Type
- Detached
- Status
- active
- Days on Site
- 59
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Niagara Falls
- Lot Size
- 6,050 sqft
- Listing Brokerage
- RE/MAX ABOUTOWNE REALTY CORP.
Welcome to 7238 Parkdale Street, a fully updated raised bungalow set in the highly desirable Queensway Gardens community of Niagara Falls. This inviting home offers a functional 3+2 bedroom, 2-bathroom layout with a bright open-concept design, ideal for comfortable family living or multi-generational use. The main level features a sun-filled living and dining area complemented by stylish vinyl flooring throughout. Pot lights throughout. The modern main floor kitchen is equipped with brand new appliances appliances, granite countertops, and ample cabinetry for everyday convenience. You'll also find three generously sized bedrooms and a beautifully finished full bathroom with floor-to-ceiling tile. The fully finished lower level offers excellent flexibility, complete with two additional bedrooms, a 3-piece bathroom, a second kitchen, and separate laundry-perfect for an in-law suite or potential rental income. A cozy wood-burning fireplace adds warmth and character to the space. Step outside to a fully fenced backyard, ideal for entertaining, relaxing, or enjoying time with family and friends. Conveniently located just minutes from public transit, shopping, schools, parks, and everyday amenities, with easy access to Niagara College and Brock University-making this an excellent opportunity for both families and investors alike. **Property has been virtually staged**
Estimate your monthly payments for this property
Estimated Payment
$3,719.63/mo
Includes CMHC insurance ($20,228)
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.
7238 Parkdale Street, Niagara Falls
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Rental income estimator & ROI calculator
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
Fair Market Value
At $1036/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.
Negotiation Opportunity
At 59 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.
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 $3,021 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.