$999,000 - LOT 74 TERRAVITA Drive, Niagara Falls
Detached for Sale in Niagara Falls
70 days on market- MLS Number
- X12983028
- Property Type
- Detached
- Status
- active
- Days on Site
- 70
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Niagara Falls
- Listing Brokerage
- RE/MAX NIAGARA REALTY LTD, BROKERAGE
Welcome to Terravita Subdivision, one of Niagara Falls' most exclusive new communities. This beautiful bungalow design by Kenmore Homes offers elegant one-floor living with 2 bedrooms, 2 full bathrooms, and a bright, thoughtfully designed interior that feels both refined and comfortable. Wide-plank flooring, soaring vaulted ceilings,12 Potlights, and quartz countertops, create a modern, upscale feel throughout. An open-concept kitchen layout anchors the home flowing seamlessly into the living and dining area. The primary bedroom features a beautiful ensuite with glass shower and tile detailing, while the second bedroom also benefits from vaulted ceilings, adding to the spacious feel of the home. Main-floor laundry, a covered rear patio, and a low-maintenance backyard further enhance the ease of everyday living. The unfinished basement adds approximately 1,450 sq ft of additional space, ready to be customized to suit your needs. Located near walking trails and just minutes from golf, wine country, restaurants, and everyday conveniences, this home is perfectly suited for those looking to simplify without compromise. This List Price includes a $70,000 limited-time builder promotion. (**List price shown is inclusive of the HST, net of applicable HST rebate(s), assuming the buyer qualifies and assigns such rebate(s) to the builder/vendor on closing. If not, the unavailable rebate(s) shall be payable by the buyer in addition to the purchase price on closing.) This home is TO BE BUILT.
Estimate your monthly payments for this property
Estimated Payment
$5,125.39/mo
Includes CMHC insurance ($27,872)
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.
LOT 74 TERRAVITA Drive, Niagara Falls
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Rental income estimator & ROI calculator
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
Fair Market Value
At $908/sqft, this property is priced in line with current Niagara Falls market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 70 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.
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 $4,163 (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.