$1,399,000 - 8006 Norton Street, Niagara Falls
Detached for Sale in Niagara Falls
35 days on market- MLS Number
- X13107272
- Property Type
- Detached
- Status
- active
- Days on Site
- 35
- Bedrooms
- 14
- Bathrooms
- 9
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Niagara Falls
- Lot Size
- 7,815 sqft
- Listing Brokerage
- RE/MAX REALTY SERVICES INC.
Exceptional Multi-Use Property Offering Unlimited Potential in a PrimeLocation Just Minutes From Niagara Falls! Zoned TC, This Unique Property Is Ideal for a Variety of Uses Including Bed & Breakfast, Airbnb, Daycare,Multi-Generational Living, Long-Term Rental Investment, Live/Work Opportunity,and Much More. Situated in a Quiet and Desirable Neighborhood, This Spacious Property Features a Flexible Layout With Multiple Living Quarters and Income Possibilities. The Main Floor Offers 4 Spacious Bedrooms, Each With Its Own Ensuite Bathroom and Closet, Along With a Commercial-Style Kitchen, Additional 2-Piece Bathroom, and a Large Dining Area That Could Easily Be Converted Into a Convenience Store or Commercial Space. The Second Floor Features 4 Additional Bedrooms, 3 Full Bathrooms, Laundry Area, Balcony, and Bright Living/Dining Spaces. Previously Configured as 2 Separate Apartments, the Layout Can Easily Be Restored for Added Rental Income or Extended Family Use.Each Unit Has Separate Heating and Cooling Systems for Independent Comfort and Efficiency. The Fully Finished Basement Adds Even More Functional Space Featuring 3 Bedrooms, Kitchen, Full Bathroom, Laundry Area, Office Room, 2Cold Rooms, and 2 Mechanical Rooms. Hardwood Flooring and Tile Throughout the Property Provide Durability and Easy Maintenance. In Total, This Incredible Property Offers 11 Bedrooms, 8.5 Bathrooms, 4 Kitchens, Multiple Living Areas,and Parking for 6+ Vehicles. A Rare Opportunity for Investors, Entrepreneurs,or Large Families Looking for Versatility, Space, and Strong Income Potential in a High-Demand Tourist Area. Don't Miss This One-of-a-Kind Opportunity!
Estimate your monthly payments for this property
Estimated Payment
$6,188.25/mo
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.
8006 Norton 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 $466/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 35 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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 14 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Niagara Falls.
Bathroom Count Matters
With 9 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.