7445 Matteo Drive, Niagara Falls

Price: $669,900

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: X12444001

Now offering an appliance package! Welcome to Forestview Estates in Niagara Falls! This stunning townhome features 3 spacious bedrooms and 3 bathrooms, showcasing 9 ceilings, wide-plank hardwood floors, and a spacious open-concept main floor with large windows that flood the space with natural light. The modern kitchen boasts quartz countertops, a centre island, and custom cabinetry extended to the ceiling. The kitchen flows seamlessly into the living and dining areas with access to your private fenced yard and deck. Upstairs, enjoy the convenience of second-floor laundry and a bright primary retreat complete with a walk-in closet and ensuite featuring quartz counters and a glass tiled shower. 2 more bedrooms and a 3rd bathroom with double vanity, quartz counter and tub/shower insert complete this second level. The unfinished basement is ready for you to make it your own, offers opportunity or extra living space. Ideally located near schools, parks, shopping, and quick highway access, this home blends modern finishes with functionality in one of Niagara's most desirable communities.

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$669,900 - 7445 Matteo Drive, Niagara Falls

Townhouse for Sale in Niagara Falls

109 days on market
3Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
X12444001
Property Type
Townhouse
Status
active
Days on Site
109
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Niagara Falls
Listing Brokerage
REVEL Realty Inc., Brokerage
Description

Now offering an appliance package! Welcome to Forestview Estates in Niagara Falls! This stunning townhome features 3 spacious bedrooms and 3 bathrooms, showcasing 9 ceilings, wide-plank hardwood floors, and a spacious open-concept main floor with large windows that flood the space with natural light. The modern kitchen boasts quartz countertops, a centre island, and custom cabinetry extended to the ceiling. The kitchen flows seamlessly into the living and dining areas with access to your private fenced yard and deck. Upstairs, enjoy the convenience of second-floor laundry and a bright primary retreat complete with a walk-in closet and ensuite featuring quartz counters and a glass tiled shower. 2 more bedrooms and a 3rd bathroom with double vanity, quartz counter and tub/shower insert complete this second level. The unfinished basement is ready for you to make it your own, offers opportunity or extra living space. Ideally located near schools, parks, shopping, and quick highway access, this home blends modern finishes with functionality in one of Niagara's most desirable communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,436.93/mo

Includes CMHC insurance ($18,690)

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5-yr fixed avg.

Principal: $602,910Interest: $409,480
Mortgage Amount$621,600
Total Interest$409,480
Est. Property Tax$475/mo
Total Cost$1,031,080

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

7445 Matteo Drive, Niagara Falls

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,730/mo
Range: $2,321 - $3,139
Cap Rate (ROI)
3.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$475
Insurance (est.)-$140
Net Cash Flow+$2,115

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 $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 109 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 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 $2,791 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    7445 Matteo Drive, Niagara Falls | $669,900 | Battaglia Team