7468 Wanless Street, Niagara Falls

Price: $675,000

4 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13087436

Beautiful, move-in-ready bungalow ideally located just north of Highway 20 & Montrose Rd, offering quick and convenient access to major routes and everyday amenities. Minutes from Costco, the MacBain Community Centre, and public transit, with a bus stop at the end of the street. The fully renovated main floor features three well-appointed bedrooms and a spacious living room with a picturesque window overlooking mature trees and a cozy fireplace that warms the entire upper level. The modern kitchen is finished with granite countertops and stainless steel appliances, complemented by a beautifully updated bathroom with a sleek glass shower.The lower level has been extensively upgraded with over $25,000 invested, offering excellent potential for an income-generating apartment or in-law suite. It features a spacious bedroom, open-concept living, dining, and kitchen area, a strong electric fireplace that heats the entire basement, and a newly renovated bathroom with glass shower, along with a private separate entrance. Enjoy a huge backyard with a beautiful deck, perfect for outdoor living and entertaining, plus a long private driveway accommodating 5-6 vehicles and shared laundry with easy access for both levels.

7468 Wanless Street - Detached photo 1 of 2 in Niagara Falls, Ontario
7468 Wanless Street - Detached photo 2 of 2 in Niagara Falls, Ontario
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$675,000 - 7468 Wanless Street, Niagara Falls

Detached for Sale in Niagara Falls

45 days on market
4Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13087436
Property Type
Detached
Status
active
Days on Site
45
Bedrooms
4
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Niagara Falls
Listing Brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Description

Beautiful, move-in-ready bungalow ideally located just north of Highway 20 & Montrose Rd, offering quick and convenient access to major routes and everyday amenities. Minutes from Costco, the MacBain Community Centre, and public transit, with a bus stop at the end of the street. The fully renovated main floor features three well-appointed bedrooms and a spacious living room with a picturesque window overlooking mature trees and a cozy fireplace that warms the entire upper level. The modern kitchen is finished with granite countertops and stainless steel appliances, complemented by a beautifully updated bathroom with a sleek glass shower.The lower level has been extensively upgraded with over $25,000 invested, offering excellent potential for an income-generating apartment or in-law suite. It features a spacious bedroom, open-concept living, dining, and kitchen area, a strong electric fireplace that heats the entire basement, and a newly renovated bathroom with glass shower, along with a private separate entrance. Enjoy a huge backyard with a beautiful deck, perfect for outdoor living and entertaining, plus a long private driveway accommodating 5-6 vehicles and shared laundry with easy access for both levels.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,463.10/mo

Includes CMHC insurance ($18,833)

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5-yr fixed avg.

Principal: $607,500Interest: $412,597
Mortgage Amount$626,333
Total Interest$412,597
Est. Property Tax$478/mo
Total Cost$1,038,930

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

7468 Wanless Street, Niagara Falls

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
4.6%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$478
Insurance (est.)-$141
Net Cash Flow+$2,581

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

Fair Market Value

At $964/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.

Market Position

At 45 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

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.

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 $2,813 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    7468 Wanless Street, Niagara Falls | $675,000 | Battaglia Team