$570,000 - 8111 Forest Glen Drive Unit 427, Niagara Falls
Condo for Sale in Niagara Falls
111 days on market- MLS Number
- X12475019
- Property Type
- Condo
- Status
- active
- Days on Site
- 111
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Niagara Falls
- Locker
- Exclusive
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- RE/MAX NIAGARA REALTY LTD, BROKERAGE
Impeccable, spacious and bright condo in the desirable Mansions of Forest Glen, and outstanding building with so very many amenities, not found in all Niagara Falls condo buildings. Every detail has been taken care of in this owner occupied unit, with many updates and upgrades throughout. Open concept kitchen/living/dining with laminate flooring, granite countertops, backsplash, island with extra seating, newer, quality appliances (french door fridge with water and ice), direct balcony access and in-suite laundry. Primary bedroom with walk in closet and ensuite, second bedroom with lots of room and a large window. Both bathrooms with new vanities, ensuite shower with newer glass door, central air 2023. Amenities include: concierge, underground parking, lots of visitors parking, indoor pool, sauna, hot tub and gym, exclusive storage locker, common park like area with BBQ, guest suite to accommodate your out of town guests, party room for your larger parties
Estimate your monthly payments for this property
Estimated Payment
$2,924.40/mo
Includes CMHC insurance ($15,903)
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.
8111 Forest Glen Drive Unit 427, 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 $475/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 111 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 $2,375 (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.