6516 Monroe Street, Niagara Falls, ON
Property no longer active
This property was sold on January 7, 2026. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Backsplit 4 detached located in the coveted neighborhood of 216 - Dorchester. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $539,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 40 x 120 ft lot
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Bar Fridge
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 6516 Monroe Street, a charming 2+1 bedroom, 4-level backsplit located in Niagara Falls neighbourhood close to schools, shopping, and everyday amenities. This well-maintained home features updated flooring and windows, along with a newer roof, furnace, and central air, offering both comfort and peace of mind. The main floor boasts a bright living and dining room, along with a functional kitchen that provides direct access to the fully finished backyard oasis. Enjoy summer days by the inground pool, relax under the covered patio, or take advantage of the convenient change room perfect for entertaining family and friends. On the lower level, you'll find a spacious family room complete with a bar and a walk-up to the pool area, blending indoor and outdoor living seamlessly. The fourth level includes a third bedroom, laundry, office/storage space, and a cold room for extra utility. With versatile living space across four levels and an inviting outdoor retreat, this home is ideal for families or those who love to entertain.
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Property Summary
This detached home located at 6516 Monroe Street, Niagara Falls is currently for sale and has been available on SousaSells for 297 days. This property is listed at $539,000 with an estimated mortgage of $1,794* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 6516 Monroe Street, Niagara Falls is in the 216 - Dorchester 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 6516 Monroe Street, Niagara Falls, ON L2G 2G8
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 $539,000 in Niagara Falls, the legal minimum down payment is $28,900 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 $7,255 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 $7,255.
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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.