4271 Elgin Street, Niagara Falls, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 210 - Downtown. Expertly crafted featuring premium stone and metal/steel siding construction, this residence presents an exceptional opportunity offered at $649,850 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 60 x 117 ft lot
- Features a half, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Sump Pump
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This house has the charm of a captivating beauty that just needs a touch of polish. The owner put it best saying this home is a pretty girl that just needs a little makeup. Homes like this are rare these days, especially one with such remarkable potential, situated so close to the allure of Niagara Falls and just a stroll away from the Niagara River and its many attractions. A glance down the street reveals the United States, adding to its appeal. It's a perfect fit for someone looking to create a backyard retreat around a stunning inground pool. The home boasts unique features, from its solid construction to its distinctive ceiling designs in the living room, and a striking family room filled with large windows and an impressive wood-burning fireplace. The upper level offers the flexibility to be transformed into two or three bedrooms with additional loft space, complemented by a spacious bathroom featuring a jacuzzi tub and body jet shower. This property is an ideal candidate for a VRBO or AirBNB opportunity for the right owner, though it's important for buyers to do their homework regarding licensing. The long-term owner is unable to maintain the size of the home anymore, making it a great chance for a new family or investor to add their own flair and enjoy a potentially wonderful home for years ahead. A detached two-car garage presents a bonus for those who enjoy working on vehicles. This unique opportunity awaits someone who is ready to embrace the potential of this special home in an incredible location near one of the world's natural wonders.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 4271 Elgin Street, Niagara Falls, ON L2E 2X7
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Niagara Falls, ON
For a property listed at $649,850 in Niagara Falls, the legal minimum down payment is $39,985 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,472 for this transaction. As this listing is in Niagara Falls (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,472.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.