This property was sold on April 5, 2025. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 220 - Oldfield. Expertly crafted featuring premium brick and metal/steel siding construction, this residence presents an exceptional opportunity offered at $549,000 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.
THREE BEDROOM BUNGALOW IN SOUTH NIAGARA FALLS. THE HOME FEATURES AN OVER SIZED ATTACHED GARAGE WHICH IS 20 FT X 14 FT. THERE IS A COZY EAT IN KITCHEN AND A LARGE LIVING ROOM. THE MAIN FLOOR ALSO FEATURES 3 GOOD SIZED BEDROOMS, AND A FOUR PIECE BATH. THE BASEMENT IS DIVIDED INTO A REC ROOM/ DINING AREA TO ACCOMODTE FAMILY GATHERINGS, WITH A SECOND KITCHEN. THE OTHER SIDE OF THE BASEMENT CONTAINS THE FURNACE, HOT WATER HEATER , AND THE WASHER AND DRYER. THERE IS AN ENTRY DOOR FROM THE GARAGE THAT ALLOWS YOU TO EITHER GO UP TWO STEPS TO THE MAIN FLOOR OR TAKE THE STAIRS TO THE BASEMENT. THIS MAKES IT AN IDEAL SET UP FOR AN IN-LAW SUITE OR A SEPARATE RENTAL-- IF PERMITED. GREAT LOCATION, CLOSE TO SCHOOLS, SHOPPING, HWY ACCESS, AND MINUTES FROM THE NEW HOSPITAL.
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This detached home located at 7305 MERRITT Avenue, Niagara Falls is currently for sale and has been available on SousaSells for 481 days. This property is listed at $549,000 with an estimated mortgage of $1,827* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 7305 MERRITT Avenue, Niagara Falls is in the 220 - Oldfield neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Park, Public Transit, Place Of Worship, School, School Bus Route
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No historical data available for this property.
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Data-driven valuation for 7305 MERRITT Avenue, Niagara Falls, ON L2G 5C3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Niagara Falls.
About Purchasing a Home in Niagara Falls, ON
For a property listed at $549,000 in Niagara Falls, the legal minimum down payment is $29,900 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 $7,455 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 $7,455.
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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.