5624 GLENHOLME Avenue, Niagara Falls, ON

$314,000
MLS#:X9407419
2 beds
1 baths
< 700 sqft
1.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of 215 - Hospital. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $314,000 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 1 Bathroom
  • Generous living space spanning < 700 sqft on a premium 40 x 140.7 ft lot
  • Features a partially finished, partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Attention Investors, Renovators, And First-Time Buyers. An Affordable Opportunity To Get Into The Market Or Expand Your Investment Portfolio. Nestled In A Quiet, Desirable Neighbourhood In The Heart Of Niagara Falls, This Cute & Cozy 1+1 Bedroom Home Sits On A Gorgeous 40 X 140 Ft Lot. Updated Roof Shingles, Windows, Furnace & C/Air. A Great Starter Home With A Big, Beautiful Backyard. Bring Your Vision And Transform This Space Into Your Own. Centrally Located For Quick And Easy Access To All Amenities, Highways, Schools, Shopping, Parks, Restaurants, And More!

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Property Summary

This detached home located at 5624 GLENHOLME Avenue, Niagara Falls is currently for sale and has been available on SousaSells for 754 days. This property is listed at $314,000 with an estimated mortgage of $1,045* per month. It has 2 beds, 1 bathroom, and is < 700 square feet. 5624 GLENHOLME Avenue, Niagara Falls is in the 215 - Hospital neighborhood.

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

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date6/18/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionVinyl Siding
BasementPartially Finished, Partial Basement
Lot Size40 × 140.7 Feet
CountyNiagara
Annual Tax$2,295.9
Legal DescriptionLT 56 PL 28 STAMFORD ; NIAGARA FALLS

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Fenced Yard

Interior Features

Other

Security Features

Community Features

Location

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5624 GLENHOLME 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 5624 GLENHOLME Avenue, Niagara Falls, ON L2G 4Y2

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$94,200 (30.0%)
* Minimum Canadian down payment required for this price is $15,700.
Amortization Period30 Years
Estimated Monthly Payment$1,045Based on a loan of $219,800 over 30 years.
Purchase Price$314,000
Loan Amount$219,800
Provincial Land Transfer Tax:$3,185
Total Estimated Closing Taxes:$3,185

About Purchasing a Home in Niagara Falls, ON

For a property listed at $314,000 in Niagara Falls, the legal minimum down payment is $15,700 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 $3,185 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 $3,185.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$759,111

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

Princess Margaret
Public6624 Culp Street, Niagara Falls, Ontario, L2G 2C4
8.5
Our Lady of Mount Carmel
Public6525 Carlton Avenue, Niagara Falls, Ontario, L2G 5K4
6.3
Greendale
Public5504 Montrose Road, Niagara Falls, Ontario, L2H 1K7
7.9
LaMarsh
Public4571 Drummond Road, Niagara Falls, Ontario, L2E 6C8
5.3
Cherrywood Acres
Public4635 Pettit Avenue, Niagara Falls, Ontario, L2E 6L4
6.8

Secondary Schools

Stamford
Public5775 Drummond Road, Niagara Falls, Ontario, L2G 4L2
5.3
Westlane
Public5960 Pitton Road, Niagara Falls, Ontario, L2H 1T5
6.3

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.