7628 RAINBOW Crescent, Niagara Falls, ON

$679,000
MLS#:X9406597
4 beds
2 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of 221 - Marineland. Expertly crafted featuring premium metal/steel siding and brick construction, this residence presents an exceptional opportunity offered at $679,000 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.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 40 x 147.74 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

LOCATION LOCATION LOCATION! Just minutes from the new COSTCO and soon-to-be completed regional hospital, nestled at the peaceful conclusion of a picturesque cul-de-sac in Niagara Falls' serene South end, this immaculate 3+1 bedroom, 2-bathroom raised brick bungalow awaits its next fortunate owner. Boasting a spacious pie-shaped pool sized lot, this residence exudes curb appeal, distinguished by its meticulously maintained grounds and a brand-new metal roof crowning the home. Upon arrival, guests are greeted by a meticulously crafted concrete double driveway, setting the tone for the care and attention evident throughout this all-brick home. Incredibly well-maintained with beautiful hardwood floors, large family room with gas fireplace, interior access to attached garage, and an inviting 3-season sunroom offers an idyllic retreat, allowing residents to bask in the beauty of starlit skies or the gentle caress of a summer breeze. Don't miss out on this one!

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Property Summary

This detached home located at 7628 RAINBOW Crescent, Niagara Falls is currently for sale and has been available on SousaSells for 772 days. This property is listed at $679,000 with an estimated mortgage of $2,260* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 7628 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

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date6/4/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionMetal/Steel Siding, Brick
BasementFinished, Full
Lot Size40 × 147.74 Feet
CountyNiagara
Annual Tax$3,992
Legal DescriptionPCL 27-1 SEC M14; LT 27 PL M14 NIAGARA FALLS S/T A RIGHT LT2133 ; NIAGARA FALLS

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Heater Owned

Security Features

Community Features

Location

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7628 RAINBOW Crescent, 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 7628 RAINBOW Crescent, Niagara Falls, ON L2G 7K5

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$203,700 (30.0%)
* Minimum Canadian down payment required for this price is $42,900.
Amortization Period30 Years
Estimated Monthly Payment$2,260Based on a loan of $475,300 over 30 years.
Purchase Price$679,000
Loan Amount$475,300
Provincial Land Transfer Tax:$10,055
Total Estimated Closing Taxes:$10,055

About Purchasing a Home in Niagara Falls, ON

For a property listed at $679,000 in Niagara Falls, the legal minimum down payment is $42,900 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 $10,055 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 $10,055.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 221 - Marineland, Niagara Falls.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,141,676

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

James Morden
Public7112 Dorchester Road, Niagara Falls, Ontario, L2G 5V6
6.3
Heximer Avenue
PublicHeximer Avenue, Niagara Falls, Ontario, L2G 4S1
9.3
Father Hennepin
Public6032 Churchill Street, Niagara Falls, Ontario, L2G 2X1
9.9
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.