$669,000 - 7543 Merritt Avenue, Niagara Falls
Multi-Family for Sale in Niagara Falls
- MLS Number
- X13161624
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 28
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Niagara Falls
- Lot Size
- 5,543 sqft
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC., BROKERAGE
Welcome to 7543 Merritt Avenue, Niagara Falls - A Place You'll Love to Call Home Step into warmth and charm in this beautiful 3-bedroom, 1.5-bathroom home nestled in a quiet, family-friendly neighbourhood. From the moment you arrive, the manicured lawn, lush gardens, and welcoming curb appeal set the tone for something special. Inside, you'll find an inviting eat-in kitchen perfect for morning coffee and casual meals, while the elegant dining room offers the ideal space for hosting dinner parties or celebrating milestones. Cozy up around not one, but two fireplaces that add a touch of romance and comfort throughout the seasons. The partially finished basement is thoughtfully designed with custom features, creating the perfect space for entertaining or your own private retreat. Enjoy your landscaped gardens from multiple vantage points-sip tea on the charming front porch, relax on the peaceful side patio, or unwind under the beautiful covered deck out back. Thoughtful upgrades include a newer roof, mostly updated windows, and a modern garage door-offering peace of mind and enhancing the home's polished aesthetic. Located close to parks, schools, and bus route, this is a home that combines convenience with serenity. Don't miss your chance to fall in love with 7543 Merritt Avenue.
Estimate your monthly payments for this property
Estimated Payment
$3,432.32/mo
Includes CMHC insurance ($18,665)
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.
7543 Merritt Avenue, 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
Competitive Pricing
At $608/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.
Market Position
At 28 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.
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.
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 $2,788 (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.