$669,900 - 7436 Matteo Drive, Niagara Falls
Townhouse for Sale in Niagara Falls
63 days on market- MLS Number
- X13014534
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 63
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Niagara Falls
- Listing Brokerage
- SPECTRUM REALTY SERVICES INC.
Impeccable freehold 3-bedroom townhome offering 1,696 sq ft above grade, complete with a rare attached two-car garage, nestled in the highly sought-after New Forest View community. Step inside to a bright, open-concept main floor featuring 9' ceilings, elegant finishes, and new engineered hardwood flooring throughout, adding warmth and modern appeal. The upgraded kitchen is designed to impress with a stylish quartz countertop and a large island over 7 feet in length with a 3-sided overhang-perfect for comfortable seating and casual dining or entertaining. A wide staircase leads to the second level, where you'll find three generously sized bedrooms and convenient upper-level laundry with a stackable washer and dryer. The spacious primary suite features a walk-in closet and a luxurious 4-piece ensuite with an upgraded glass-enclosed shower and relaxing soaker tub. The second bedroom also enjoys its own 3-piece ensuite, while a third full bathroom is ideally located near the third bedroom-perfect for family or guests. Step outside to your fully fenced backyard with a gazebo, offering privacy and a great space to unwind or entertain. Perfectly located for families, this home is close to excellent schools and community amenities, including St. Michael Catholic high schools, the Boys & Girls Club, and Kate S. Durdan Public School-making it an ideal choice for growing families. You're also just minutes from shopping (Costco, FreshCo), major highways, scenic trails, parks, ponds, and only a 5-minute drive to the new hospital. A perfect place to call home-move-in ready and designed for modern living.
Estimate your monthly payments for this property
Estimated Payment
$3,436.93/mo
Includes CMHC insurance ($18,690)
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.
7436 Matteo Drive, 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 $447/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 63 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Niagara Falls have shown strong appreciation as families seek more space.
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.
Bathroom Count Matters
With 4 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 $2,791 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.