5224 Timothy Crescent, Niagara Falls, ON
Property no longer active
This property was sold on September 11, 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 212 - Morrison. Expertly crafted featuring premium brick front construction, this residence presents an exceptional opportunity offered at $597,000 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.
- 2 Bedrooms and 2 Bathrooms
- Premium 45 x 117.6 ft lot size
- Features a full, unfinished 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: Water Heater Owned
- equipped with central air central cooling and highly efficient water heating via gas
Description
This sprawling north end 2 bed, 2 bathroom bungalow is perched on huge pie shaped lot on a quiet cul de sac. It has over 1600sqft of finished living space and is ground level to suit any accessibility needs! Featuring solid oak floors, the living room includes a 6 speaker built in surround sound system, a wood burning fireplace and a large front window. The expansive kitchen boasts slate flooring and details, high end stainless steel appliances and has plenty of room for a breakfast nook. With huge, bright windows and California shutters, the sunny dining room is the perfect spot to host memorable family meals alongside a cozy gas fireplace, while the new addition (2024) can be used as an additional sitting room with direct access to the backyard through sliding patio doors. Both the primary and second bedroom are quite large with double closets, and the main 4 piece bathroom feels like a spa with a zen soaker tub and walk in shower. The backyard is serene with old growth trees and it feels like you're sitting in your own private park. The property also features a shed with high ceilings and A/C for a great workshop space, a heated single car garage equipped with an outlet for an electric car and an owned hot water heater and back up 22,000 watt generator.
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Property Summary
This detached home located at 5224 Timothy Crescent, Niagara Falls is currently for sale and has been available on SousaSells for 729 days. This property is listed at $597,000 with an estimated mortgage of $1,987* per month. It has 2 beds, 2 bathrooms, and is unknown square feet. 5224 Timothy Crescent, Niagara Falls is in the 212 - Morrison neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 5224 Timothy Crescent, Niagara Falls, ON L2E 5G3
Based on 0 recent similar sales in the pocket.
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 $597,000 in Niagara Falls, the legal minimum down payment is $34,700 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 $8,415 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 $8,415.
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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.