HN
7468 Wanless Street, Niagara Falls, ON L2H 1C9, Niagara Falls, ON
$675,000

7468 Wanless Street, Niagara Falls, ON L2H 1C9, Niagara Falls, ON

Niagara Falls, ON L2H 1C9
4 beds 2 baths Detached

About this home

Beautiful, move-in-ready bungalow ideally located just north of Highway 20 & Montrose Rd, offering quick and convenient access to major routes and everyday amenities. Minutes from Costco, the MacBain Community Centre, and public transit, with a bus stop at the end of the street. The fully renovated main floor features three well-appointed bedrooms and a spacious living room with a picturesque window overlooking mature trees and a cozy fireplace that warms the entire upper level. The modern kitchen is finished with granite countertops and stainless steel appliances, complemented by a beautifully updated bathroom with a sleek glass shower.The lower level has been extensively upgraded with over $25,000 invested, offering excellent potential for an income-generating apartment or in-law suite. It features a spacious bedroom, open-concept living, dining, and kitchen area, a strong electric fireplace that heats the entire basement, and a newly renovated bathroom with glass shower, along with a private separate entrance. Enjoy a huge backyard with a beautiful deck, perfect for outdoor living and entertaining, plus a long private driveway accommodating 5-6 vehicles and shared laundry with easy access for both levels. Basement currently tenant occupied; tenant willing to stay or leave (TBD).

Property Score

65/ 100
Overall Property Score
good

A blend of both buyer and investor metrics.

Score breakdown
Walkability
55/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
55/100good
GO Transit, LRT, and bus access from this neighborhood.
Schools
70/100great
Based on local school rankings (Fraser Institute proxy).
Affordability
99% of city avggood
Priced below Niagara Falls's average of $685,000.
Appreciation Trend
+1.4%/yrgood
Niagara Falls has seen +1.4% YoY price change.
Monthly Cash Flow
-$517/mofair
Estimated -$517/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
4.69%great
Net operating income divided by purchase price.
Basement Suite Potential
+$1,380/moexcellent
Existing/legal suite estimated at $1,380/mo additional income.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X13087436
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.