8362 Parkway Drive, Niagara Falls, ON

$599,900
MLS#:X11992360
4 beds
2 baths
700-1100 sqft
7.0 parking
Residential Freehold
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Property no longer active

This property was sold on April 3, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Backsplit 3 detached located in the coveted neighborhood of 223 - Chippawa. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $599,900 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 2 Bathrooms
  • Generous living space spanning 700-1100 sqft on a premium 60 x 125 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater, Central Vacuum, Countertop Range
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

More than meets the eye with this charming backsplit in the desirable Chippawa neighbourhood of Niagara Falls packs a lot of home into a modest exterior. Situated on a quiet, family-friendly street, this 3+1 bedroom, 3-level split offers a perfect combination of style and functionality for families looking to maximize their living space. Step inside to a bright and welcoming family room, where high ceilings, large windows and a skylight fill the space with natural light, creating the ideal setting for relaxation or entertaining. The adjacent dining room provides a perfect space for family meals, while the well-laid-out kitchen features ample counter space and storage, making everyday cooking easy and enjoyable. Upstairs, you'll find three well-sized bedrooms, each offering large windows and spacious closets. The finished basement adds even more living options, with an additional bedroom, bathroom, and a generous laundry area, perfect for guests or an at-home office. A highlight of the home is the cozy sunroom, a perfect spot for enjoying 3 seasons from the indoors. Step outside to a fully fenced backyard, featuring a beautifully lined inground pool, green space, and a large deck ideal for lounging, dining, and hosting family gatherings. With plenty of room for kids to play and adults to unwind, the backyard offers something for everyone. The attached single-car garage provides convenient parking and extra storage, while the large driveway can accommodate more than five additional cars, making it ideal for families with multiple vehicles or guests. Bonus: This home gives you the opportunity to live next to the childhood residence of filmmaker James Cameron!

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Property Summary

This detached home located at 8362 Parkway Drive, Niagara Falls is currently for sale and has been available on SousaSells for 506 days. This property is listed at $599,900 with an estimated mortgage of $1,997* per month. It has 4 beds, 2 bathrooms, and is 700-1100 square feet. 8362 Parkway Drive, Niagara Falls is in the 223 - Chippawa 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
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 3, 2025
Sold price information is available to members only
Listed Date2/27/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBacksplit 3
ConstructionBrick, Aluminum Siding
BasementFinished
Lot Size60 × 125 Feet
CountyNiagara
Annual Tax$4,048.62
Legal DescriptionLT 211 PL 260 ; S/T EASEMENT IN FAVOUR OF THE BELL TELEPHONE COMPANY OF CANADA AS IN RO96648 ; NIAGARA FALLS

Parking & Garage

Parking Total7.0
Parking Space6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

School, Rec./Commun.Centre, Place Of Worship

Interior Features

Water Heater, Central Vacuum, Countertop Range

Security Features

Community Features

Location

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8362 Parkway Drive, 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 8362 Parkway Drive, Niagara Falls, ON L2G 6W7

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$179,970 (30.0%)
* Minimum Canadian down payment required for this price is $34,990.
Amortization Period30 Years
Estimated Monthly Payment$1,997Based on a loan of $419,930 over 30 years.
Purchase Price$599,900
Loan Amount$419,930
Provincial Land Transfer Tax:$8,473
Total Estimated Closing Taxes:$8,473

About Purchasing a Home in Niagara Falls, ON

For a property listed at $599,900 in Niagara Falls, the legal minimum down payment is $34,990 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 $8,473 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 $8,473.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 223 - Chippawa, Niagara Falls.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$722,943

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

Sacred Heart
Public8450 Oliver Street, Chippawa, Niagara Falls, Ontario, L2G 6Z2
6.0
River View
Public3300 Cattell Drive, Chippawa, Niagara Falls, Ontario, L2G 6M9
7.7
Father Hennepin
Public6032 Churchill Street, Niagara Falls, Ontario, L2G 2X1
9.9
Heximer Avenue
PublicHeximer Avenue, Niagara Falls, Ontario, L2G 4S1
9.3

Secondary Schools

No secondary schools data loaded.

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.