4124 TERRACE Avenue, Niagara Falls, ON

$368,800
MLS#:X9413817
3 beds
2 baths
1100-1500 sqft
2.0 parking
Residential Freehold
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Property no longer active

This property was sold on April 19, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 210 - Downtown. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $368,800 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 1100-1500 sqft on a premium 35 x 74.7 ft lot
  • Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This charming character home at 4124 Terrace Avenue in Niagara Falls offers an excellent opportunity with 3 bedrooms and 2 baths. The property features vinyl-clad windows, a forced air gas furnace, central air, a spacious porch. The home also boasts newer roof shingles and a solid structure, making it a great canvas for customization. Located just a short walking distance from the Niagara River, the casino, and the world-famous Niagara Falls, this home is ideally situated for enjoying the city's attractions. Perfect for investors or homeowners looking to create a personalized space, this property offers immense potential.

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Property Summary

This detached home located at 4124 TERRACE Avenue, Niagara Falls is currently for sale and has been available on SousaSells for 672 days. This property is listed at $368,800 with an estimated mortgage of $1,228* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 4124 TERRACE Avenue, Niagara Falls is in the 210 - Downtown neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date9/14/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionVinyl Siding
BasementUnfinished, Full
Lot Size35 × 74.7 Feet
CountyNiagara
Annual Tax$1,561
Legal DescriptionPT LT 31 PL 996 NIAGARA FALLS AS IN RO488629 ; NIAGARA FALLS

Parking & Garage

Parking Total2.0
Parking Space2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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4124 TERRACE Avenue, 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 4124 TERRACE Avenue, Niagara Falls, ON L2E 3J3

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$110,640 (30.0%)
* Minimum Canadian down payment required for this price is $18,440.
Amortization Period30 Years
Estimated Monthly Payment$1,228Based on a loan of $258,160 over 30 years.
Purchase Price$368,800
Loan Amount$258,160
Provincial Land Transfer Tax:$4,007
Total Estimated Closing Taxes:$4,007

About Purchasing a Home in Niagara Falls, ON

For a property listed at $368,800 in Niagara Falls, the legal minimum down payment is $18,440 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 $4,007 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 $4,007.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 210 - Downtown, Niagara Falls.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$790,836

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

Simcoe Street
PublicSimcoe Street, Niagara Falls, Ontario, L2E 3M9
9.4
St Patrick
Public4653 Victoria Avenue, Niagara Falls, Ontario, L2E 4B8
6.6
Valley Way
Public5315 Valley Way, Niagara Falls, Ontario, L2E 1X4
6.5
St Mary
Public5719 Morrison Street, Niagara Falls, Ontario, L2E 2E8
8.1
LaMarsh
Public4571 Drummond Road, Niagara Falls, Ontario, L2E 6C8
5.3

Secondary Schools

Stamford
Public5775 Drummond Road, Niagara Falls, Ontario, L2G 4L2
5.3
A N Myer
Public6338 O'Neil Street, Niagara Falls, Ontario, L2J 1M7
7.6

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.