3340 Portage Road, Niagara Falls, ON

$689,900
MLS#:X10874977
3 beds
2 baths
4.0 parking
Residential Freehold
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⚠️

Property no longer active

This property was sold on December 6, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 205 - Church's Lane. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $689,900 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 with 2 functional kitchens
  • Premium 67.87 x 150 ft lot size
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Sump Pump, On Demand Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 3340 Portage Road, a beautifully renovated home with a full private in law suite, sitting on a massive 67x150 lot in the heart of coveted Stamford Centre in north-end Niagara Falls. This home is within walking distance to every amenity imaginable. The fully renovated main floor (2023) boasts luxury engineered hardwood throughout and an open-concept layout, perfect for modern living. The kitchen is a showstopper with stunning crystal leathered granite countertops that cascade up the entire backsplash. The main floor also features a 4-piece bathroom and two generously sized bedrooms. The attached garage and breezeway (renovated in 2024) provide convenient access to a fully equipped in-law suite, which offers exceptional potential to generate up to $1,600 per month in rental income, helping to offset mortgage costs. The suite includes a full kitchen with fridge, stove, and dishwasher, a large living room with pot lights, a spacious master bedroom, and a 4-piece bathroom. Key upgrades include roof (2018), air conditioner (2024), waterproofing and sump pump (2017), tankless hot water system (owned, 2018), soffit/fascia/eaves (2018), five new upstairs windows (2023), downstairs windows (2017), and front porch composite decking and railing (2023). This move-in-ready, fully upgraded home is perfect for families, investors, or first time buyers seeking a prime location with modern updates and excellent income potential.

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Property Summary

This detached home located at 3340 Portage Road, Niagara Falls is currently for sale and has been available on SousaSells for 599 days. This property is listed at $689,900 with an estimated mortgage of $2,296* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 3340 Portage Road, Niagara Falls is in the 205 - Church's Lane neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 6, 2024
Sold price information is available to members only
Listed Date11/25/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFinished
Lot Size67.87 × 150 Feet
CountyNiagara
Annual Tax$3,349.49
Legal Description5006110

Parking & Garage

Parking Total4.0
Parking Space4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Sump Pump, On Demand Water Heater

Security Features

Community Features

Location

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3340 Portage Road, Niagara Falls, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 3340 Portage Road, Niagara Falls, ON L2J 2K3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Niagara Falls.

Configure Loan Settings

Interest Rate4.00%
Down Payment$206,970 (30.0%)
* Minimum Canadian down payment required for this price is $43,990.
Amortization Period30 Years
Estimated Monthly Payment$2,296Based on a loan of $482,930 over 30 years.
Purchase Price$689,900
Loan Amount$482,930
Provincial Land Transfer Tax:$10,273
Total Estimated Closing Taxes:$10,273

About Purchasing a Home in Niagara Falls, ON

For a property listed at $689,900 in Niagara Falls, the legal minimum down payment is $43,990 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 $10,273 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 $10,273.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 205 - Church's Lane, Niagara Falls.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$618,490

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

St Gabriel Lalemant
Public6121 Vine Street, Niagara Falls, Ontario, L2J 1L4
5.1
Martha Cullimore
Public3155 St Andrew Avenue, Niagara Falls, Ontario, L2J 2R7
7.9
Prince Philip
Public3112 Dorchester Road, Niagara Falls, Ontario, L2J 2Z7
9.0
Notre Dame
Public6559 Caswell Street, Niagara Falls, Ontario, L2J 1C2
8.0
Mary Ward
Public2999 Dorchester Road, Niagara Falls, Ontario, L2J 2Z9
8.2

Secondary Schools

A N Myer
Public6338 O'Neil Street, Niagara Falls, Ontario, L2J 1M7
7.6
St. Paul
Catholic3900 Kalar Road, Niagara Falls, Ontario, L2H 0K2
8.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.