8871 Mcgarry Drive, Niagara Falls, ON

$999,000
MLS#:X9380945
4 beds
4 baths
2000-2500 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on December 20, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 219 - Forestview. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $999,000 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 4 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 59.06 x 115.31 ft lot
  • Features a full, finished 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: Auto Garage Door Remote
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

You will love this beautiful two-story family home featuring 3+1 bedrooms, 3.5 bathrooms, and over 3,100 sqft of finished living space! From the moment you arrive, the eye-catching architecture sets this home apart. The bright foyer welcomes you with soaring 17' ceilings and an elegant oak staircase. The open concept main floor plan has hardwood and tile throughout, boasting a modernized kitchen w/ quartz countertops, breakfast bar, dinette w/ walkout to covered deck, separate dining room and an amazing great room w/ 12' ceilings, large windows, and a gas fireplace! The upper level features hardwood throughout and the large primary suite includes a walk-in closet and a spacious 5-piece ensuite with a jacuzzi tub. Two more generous bedrooms and a full bath complete the upper level. The fully finished lower level offers a 4th bedroom, 4th bathroom, exercise space, and a large rec room w/ pot lights. This home is situated on a premier 59' x 115' lot in the desirable Futino Estates, which features a collection of some of the finest homes in the south end of Niagara Falls. Connect for more information and to book your private tour!

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Property Summary

This detached home located at 8871 Mcgarry Drive, Niagara Falls is currently for sale and has been available on SousaSells for 653 days. This property is listed at $999,000 with an estimated mortgage of $3,325* per month. It has 4 beds, 4 bathrooms, and is 2000-2500 square feet. 8871 Mcgarry Drive, Niagara Falls is in the 219 - Forestview neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
4
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 20, 2024
Sold price information is available to members only
Listed Date10/3/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Stone
BasementFull, Finished
Lot Size59.06 × 115.31 Feet
CountyNiagara
Annual Tax$7,080
Legal DescriptionLOT 1, PLAN 59M324; S/T EASEMENT OVER PT 1 59R12529 IN FAVOUR OF THE CORPORATION OF THE CITY OF NIAGARA FALLS AS IN SN48255; NIAGARA FALLS

Parking & Garage

Parking Total4.0
Parking Space2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, School, School Bus Route

Interior Features

Auto Garage Door Remote

Security Features

Community Features

Virtual Tours

Location

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8871 Mcgarry 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 8871 Mcgarry Drive, Niagara Falls, ON L2H 3P1

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$299,700 (30.0%)
* Minimum Canadian down payment required for this price is $74,900.
Amortization Period30 Years
Estimated Monthly Payment$3,325Based on a loan of $699,300 over 30 years.
Purchase Price$999,000
Loan Amount$699,300
Provincial Land Transfer Tax:$16,455
Total Estimated Closing Taxes:$16,455

About Purchasing a Home in Niagara Falls, ON

For a property listed at $999,000 in Niagara Falls, the legal minimum down payment is $74,900 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 $16,455 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 $16,455.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 219 - Forestview, Niagara Falls.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$955,765

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

Forestview
Public8406 Forestview Boulevard, Niagara Falls, Ontario, L2H 0B9
8.2
Kate S Durdan
Public6855 Kalar Road, Niagara Falls, Ontario, L2H 2T3
10.0
Loretto
Public6855 Kalar Road, Niagara Falls, Ontario, L2H 2T3
7.8
Cardinal Newman
Public8120 Beaverdams Road, Niagara Falls, Ontario, L2H 1R8
7.2
Greendale
Public5504 Montrose Road, Niagara Falls, Ontario, L2H 1K7
7.9

Secondary Schools

St. Michael
Catholic8699 McLeod Road, Niagara Falls, Ontario, L2H 0Z2
7.1
Westlane
Public5960 Pitton Road, Niagara Falls, Ontario, L2H 1T5
6.3
St. Paul
Catholic3900 Kalar Road, Niagara Falls, Ontario, L2H 0K2
8.0
Stamford
Public5775 Drummond Road, Niagara Falls, Ontario, L2G 4L2
5.3

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.