$874,900 - 7472 MOUNTAIN Road Unit 1, Niagara Falls
Condo for Sale in Niagara Falls
103 days on market- MLS Number
- X12746404
- Property Type
- Condo
- Status
- active
- Days on Site
- 103
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 1,600 sqft
- Neighbourhood
- Niagara Falls
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- ROYAL LEPAGE NRC REALTY
Seller is willing to have the basement finished if desired by the buyer, with cost to be determined based on the scope of work. A perfect opportunity for additional living space or the creation of a separate suite. Massive size bungalow (over 1700sf main floor plan)! A very rare find is its 2 basement AND 2 garage access! Yes! The basement has its own separate entrance AND garage access (view/click on media/Video Tour to see the lay-out). Also 6 extra large basement windows with rough in for bathroom and kitchen. 200 amps. This is SO ideal for having a totally separate in-law suite AND still have half of the basement with your own bright and spacious extra living space! Fantastique luxurious curb appeal with its stucco and stone exterior finishes, double wide concrete driveway and 2-car garage. Open concept design, so many luxurious features: 10 flat ceilings with vaulted ceiling in the great and dining room, gorgeous white kitchen with crown molding and soft closing drawers, extra large island, quartz counter tops, trendy light fixtures, gorgeous dining chandelier, fireplace with mantel, transom windows throughout main level, wide plank flooring, ensuite double sink, large shower, soaking tub, walk-in closet. Main level laundry room. Covered patio. 200-amp electrical service, insulated basement, central vac rough in. NO rentals; furnace, central air and superior quality water heater are owned. Situated in the prestigious North end of Niagara Falls on Mountain Road in an exclusive community of 3 Townhomes. Near Firemen's Park. Quick/easy access to QEW hwy. Just minutes from our famous Falls entertainment and shopping malls. Furniture negotiable for sale to Buyer. Condo fees include: Building Insurance, Building maintenance, Ground Maintenance/Landscaping, Snow Removal.
Estimate your monthly payments for this property
Estimated Payment
$4,488.69/mo
Includes CMHC insurance ($24,410)
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.
7472 MOUNTAIN Road Unit 1, Niagara Falls
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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
Competitive Pricing
At $547/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 103 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.
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.
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 $3,645 (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.