7310 Fern Avenue, Niagara Falls, ON

$634,900
MLS#:X9397489
4 beds
3 baths
8.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 1, 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 220 - Oldfield. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $634,900 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.

  • 4 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Premium 50 x 130 ft lot size
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: In-Law Suite
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Are you a first-time homebuyer, an investor, or a retiree? This is the property for you. Welcome to this beautifully updated bungalow, featuring 4 bedrooms, 3 bathrooms, 2 kitchens, 2 sets of laundry and a double car detached garage (24x20) perfect for adding a 3rd unit. Located in a desirable neighbourhood, this home offers versatile living spaces, perfect for families, multi-generational living, or rental income potential. The spacious main level also boasts 2 bedrooms and 2 bathrooms, including a luxurious ensuite bathroom and its own laundry. The fully updated kitchen features a generous island, a pantry for all your storage needs, and ample counter space. The lower level has a private entrance and includes 2 bedrooms, a full bathroom featuring a tiled glass shower, a cozy living area, and a well-equipped kitchen. The property has a detached double-car garage, providing plenty of space for vehicles, storage, a workshop OR another ADU/Garden suite. The home's exterior has been meticulously updated, offering great curb appeal. This bungalow is a rare find, combining the comfort of modern living with the convenience of a versatile layout.

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Property Summary

This detached home located at 7310 Fern Avenue, Niagara Falls is currently for sale and has been available on SousaSells for 639 days. This property is listed at $634,900 with an estimated mortgage of $2,113* per month. It has 4 beds, 3 bathrooms, and is unknown square feet. 7310 Fern Avenue, Niagara Falls is in the 220 - Oldfield neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 1, 2024
Sold price information is available to members only
Listed Date10/16/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFull, Finished
Lot Size50 × 130 Feet
CountyNiagara
Annual Tax$3,013
Legal DescriptionLT 6 PL 195 STAMFORD ; NIAGARA FALLS

Parking & Garage

Parking Total8.0
Parking Space6
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

In-Law Suite

Security Features

Community Features

Location

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7310 Fern 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 7310 Fern Avenue, Niagara Falls, ON L2G 5H2

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.

Market Trend
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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$190,470 (30.0%)
* Minimum Canadian down payment required for this price is $38,490.
Amortization Period30 Years
Estimated Monthly Payment$2,113Based on a loan of $444,430 over 30 years.
Purchase Price$634,900
Loan Amount$444,430
Provincial Land Transfer Tax:$9,173
Total Estimated Closing Taxes:$9,173

About Purchasing a Home in Niagara Falls, ON

For a property listed at $634,900 in Niagara Falls, the legal minimum down payment is $38,490 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 $9,173 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 $9,173.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 220 - Oldfield, Niagara Falls.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$760,809

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

Heximer Avenue
PublicHeximer Avenue, Niagara Falls, Ontario, L2G 4S1
9.3
Father Hennepin
Public6032 Churchill Street, Niagara Falls, Ontario, L2G 2X1
9.9
James Morden
Public7112 Dorchester Road, Niagara Falls, Ontario, L2G 5V6
6.3
Our Lady of Mount Carmel
Public6525 Carlton Avenue, Niagara Falls, Ontario, L2G 5K4
6.3
Princess Margaret
Public6624 Culp Street, Niagara Falls, Ontario, L2G 2C4
8.5

Secondary Schools

Stamford
Public5775 Drummond Road, Niagara Falls, Ontario, L2G 4L2
5.3
Westlane
Public5960 Pitton Road, Niagara Falls, Ontario, L2H 1T5
6.3
St. Michael
Catholic8699 McLeod Road, Niagara Falls, Ontario, L2H 0Z2
7.1

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.