8142 Costabile Drive Unit 16, Niagara Falls

Price: $464,900

2 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: X13000876

EXECUTIVE BUNGALOFT TOWNHOUSE! Nestled in an enclave of beautifully appointed units, this home offers 2 bedrooms plus office, 2.5 bathrooms, attached single garage and private rear deck. Offering over 1500 sqft of finished living space, the main floor offers a front den/office, renovated white kitchen with quartz counters, dining area and living room with gas fireplace and walk-out to your rear deck. Spacious primary bedroom with walk-in closet and 4-piece ensuite privilege with corner soaker tub & separate shower. Second level offers an open loft area with closet, 2nd bedroom and 4-piece bath with tub & shower. Basement level is unfinished and awaiting your creative design. All kitchen appliances plus washer & dryer included. Updates include: furnace (2021), central air (2021), kitchen appliances and washer & dryer (2021). You pick the closing date!

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$464,900 - 8142 Costabile Drive Unit 16, Niagara Falls

Condo for Sale in Niagara Falls

59 days on market
2Beds
2Baths
1,400Sq Ft
Condo
Property Details
MLS Number
X13000876
Property Type
Condo
Status
active
Days on Site
59
Bedrooms
2
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
Niagara Falls
Locker
None
Exposure
West
Balcony
Open
Listing Brokerage
RE/MAX NIAGARA REALTY LTD, BROKERAGE
Description

EXECUTIVE BUNGALOFT TOWNHOUSE! Nestled in an enclave of beautifully appointed units, this home offers 2 bedrooms plus office, 2.5 bathrooms, attached single garage and private rear deck. Offering over 1500 sqft of finished living space, the main floor offers a front den/office, renovated white kitchen with quartz counters, dining area and living room with gas fireplace and walk-out to your rear deck. Spacious primary bedroom with walk-in closet and 4-piece ensuite privilege with corner soaker tub & separate shower. Second level offers an open loft area with closet, 2nd bedroom and 4-piece bath with tub & shower. Basement level is unfinished and awaiting your creative design. All kitchen appliances plus washer & dryer included. Updates include: furnace (2021), central air (2021), kitchen appliances and washer & dryer (2021). You pick the closing date!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,385.18/mo

Includes CMHC insurance ($12,971)

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5-yr fixed avg.

Principal: $418,410Interest: $284,173
Mortgage Amount$431,381
Total Interest$284,173
Est. Property Tax$329/mo
Total Cost$715,553

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

8142 Costabile Drive Unit 16, Niagara Falls

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$910
Property Tax (est.)-$329
Insurance (est.)-$97
Net Cash Flow+$1,344

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 $332/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 59 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.

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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    8142 Costabile Drive Unit 16, N… — $464,900 | Battaglia Team