7623 Rainbow Crescent, Niagara Falls, ON
Property no longer active
This property was sold on November 7, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of 221 - Marineland. Expertly crafted featuring premium brick front and vinyl siding construction, this residence presents an exceptional opportunity offered at $574,999 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 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 40 x 160 ft lot
- Features a finished, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 7623 Rainbow Crescent, Niagara! Nestled on a large pie-shaped lot backing directly onto a peaceful park, this raised bungalow offers over 2,000 sq ft of finished living space and incredible potential for the right buyer. With a functional layout featuring 3 + 1 bedrooms and 2 full baths, theres room for a growing family or in-law setup. The finished lower level includes a separate walk-up entrance, adding flexibility and value. A spacious eat-in kitchen and oversized living room provide a great canvas for entertaining. Located in a welcoming, family-friendly neighbourhood, this home is full of opportunity for those willing to add a little TLC. A true diamond in the rough! Property being sold under Power of Sale.
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Property Summary
This detached home located at 7623 Rainbow Crescent, Niagara Falls is currently for sale and has been available on SousaSells for 345 days. This property is listed at $574,999 with an estimated mortgage of $1,914* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 7623 Rainbow Crescent, Niagara Falls is in the 221 - Marineland neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Cul de Sac/Dead End, Park, School
Interior Features
None
Security Features
None
Community Features
Location
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 7623 Rainbow Crescent, Niagara Falls, ON L2G 7K5
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 $574,999 in Niagara Falls, the legal minimum down payment is $32,500 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 $7,975 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 $7,975.
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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.