7549A Kalar Road Unit 407, Niagara Falls

Price: $849,900

2 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X12253774

Introducing the one and only Marbella! This stunning two-bedroom, two-bathroom plus den condo offers 1266 square feet of contemporary living space. Nestled in Niagara Falls, this opportunity offers a uniquely alluring quality of life. Surrounded by renowned vineyards, theatres, and festivals as well as scenic trails along the Niagara Escarpment, the location is as beautiful as it is convenient. The condo with its 11' ceilings is equipped with vinyl plank flooring, LED lighting, a luxurious Nobilia kitchen, boasting quartz counters and high end Liebherr and AEG appliances ($20,000 value). The bathrooms have glass showers and quartz double vanities. A bonus to this unit is that it features a same floor storage locker ($7,500 value), an underground parking space ($50,000 value), and full TARION Warranty. For relaxation and entertainment, there's a stylish party room complete with a fireplace, large-screen TV, a kitchen and outdoor patio. Fitness enthusiasts will love the gym/yoga room while bike storage, parcel delivery boxes, Electric vehicle chargers, car wash bay and pet wash station add extra convenience for all. Located near the new hospital, Costco, shopping & food options and quick highway access making it the perfect place to live, work, and play. RSA.

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$849,900 - 7549A Kalar Road Unit 407, Niagara Falls

Condo for Sale in Niagara Falls

103 days on market
2Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
X12253774
Property Type
Condo
Status
active
Days on Site
103
Bedrooms
2
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Niagara Falls
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

Introducing the one and only Marbella! This stunning two-bedroom, two-bathroom plus den condo offers 1266 square feet of contemporary living space. Nestled in Niagara Falls, this opportunity offers a uniquely alluring quality of life. Surrounded by renowned vineyards, theatres, and festivals as well as scenic trails along the Niagara Escarpment, the location is as beautiful as it is convenient. The condo with its 11' ceilings is equipped with vinyl plank flooring, LED lighting, a luxurious Nobilia kitchen, boasting quartz counters and high end Liebherr and AEG appliances ($20,000 value). The bathrooms have glass showers and quartz double vanities. A bonus to this unit is that it features a same floor storage locker ($7,500 value), an underground parking space ($50,000 value), and full TARION Warranty. For relaxation and entertainment, there's a stylish party room complete with a fireplace, large-screen TV, a kitchen and outdoor patio. Fitness enthusiasts will love the gym/yoga room while bike storage, parcel delivery boxes, Electric vehicle chargers, car wash bay and pet wash station add extra convenience for all. Located near the new hospital, Costco, shopping & food options and quick highway access making it the perfect place to live, work, and play. RSA.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,360.43/mo

Includes CMHC insurance ($23,712)

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5-yr fixed avg.

Principal: $764,910Interest: $519,506
Mortgage Amount$788,622
Total Interest$519,506
Est. Property Tax$602/mo
Total Cost$1,308,128

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

7549A Kalar Road Unit 407, Niagara Falls

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$602
Insurance (est.)-$177
Net Cash Flow+$961

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 $708/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 $3,541 (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.

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    MLS# X12253774 — 7549A Kalar Road Unit 407, Niag… | Battaglia Team