$685,000 - 7863 Alfred Street, Niagara Falls
Detached for Sale in Niagara Falls
79 days on market- MLS Number
- X12943544
- Property Type
- Detached
- Status
- active
- Days on Site
- 79
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Niagara Falls
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Welcome to 7863 Alfred Street, an elegant detached residence nestled in the West Wood community of Niagara Falls. Set on an expansive approximately 50 x 124 ft lot, this thoughtfully updated two-storey home offers refined living with approximately 1,800 sq ft of finished space. The main level showcases a bright, open-concept design, where spacious living and dining areas flow seamlessly into a well-appointed eat-in kitchen featuring quartz countertops and ample cabinetry. Skylights and California shutters enhance the natural ambiance, creating a warm and inviting atmosphere throughout. Direct access to the attached double-car garage adds both convenience and functional flexibility. Upstairs, the home offers three generously sized bedrooms, including a private primary retreat complete with dual closets and an ensuite bath. The additional bedrooms are served by a well-finished four-piece bathroom, also appointed with quartz surfaces. The finished basement, with a separate entrance, provides versatile additional living space suitable for a variety of uses, including extended family living, subject to buyer verification and applicable municipal requirements. Buyers are advised to conduct their own due diligence regarding permitted uses and retrofit status. Outdoors, enjoy a fully fenced and landscaped backyard designed for relaxation and entertaining, complemented by a storage shed for added utility. Notable updates include roof, air conditioning, flooring, and select windows (dates to be verified by the buyer), offering added peace of mind. Ideally situated close to schools, parks, shopping, and major commuter routes, and approximately a 10-minute drive to the downtown Niagara Falls area.
Estimate your monthly payments for this property
Estimated Payment
$3,514.41/mo
Includes CMHC insurance ($19,112)
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.
7863 Alfred Street, Niagara Falls
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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 $457/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 79 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.
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.
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 $2,854 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.