3241 Montrose Road Unit 22, Niagara Falls

Price: $539,900

2 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X13855464

Beautifully maintained bungalow townhouse condo backing onto Shriners Creek in Niagara Falls' Mount Carmel neighbourhood. 1,354 sq. ft. above grade, 1+1 bedrooms, main-floor primary suite, main-floor laundry, finished basement and attached garage. A standout unit for downsizers and empty nesters who want one-level living with mature trees, no rear neighbours and a private natural setting.Cathedral ceilings lift the open living and dining area, two solar tubes bring in extra natural light, and a natural gas fireplace adds warmth. The eat-in kitchen has room for a full table, and the separate family room gives you a second space to relax or host friends and family.The primary bedroom is on the main floor with a walk-in closet and ensuite bathroom. Laundry is on the same level, so daily routines stay free of stairs.Downstairs, the full finished basement has a large recreation room, a sitting area and an additional bedroom. A second finished room has no window, so it is best as a possible third bedroom, office or hobby space. Plenty of room for overnight guests, hobbies and storage.The real showpiece is out back. This is one of the best-situated units in the complex, with a gorgeous backyard, a newer deck replaced in spring 2026 and mature trees that overhang it. With no rear neighbours and trees all around, you get real privacy and a quiet spot for morning coffee, immersed in nature. The roof was also replaced in 2025, so two major updates are done.Parking for up to three vehicles includes the attached garage. The quiet, established condo community is close to shopping, restaurants and parks. A low-maintenance alternative to a detached house for retirees and semi-retired buyers who want main-floor living, room to entertain and a peaceful natural backdrop in Niagara Falls.

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active
New Listing
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$539,900 - 3241 Montrose Road Unit 22, Niagara Falls

Condo for Sale in Niagara Falls

New — Listed 5 days ago

Neighbourhood: 208 - Mt. Carmel

2Beds
3Baths
1,200Sq Ft
Condo

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Property Details
MLS Number
X13855464
Property Type
Condo
Status
active
Days on Site
5
Bedrooms
2
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Niagara Falls
Taxes (2025)
$5,008
Maintenance Fees
$735/mo
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
EXP REALTY
Description

Beautifully maintained bungalow townhouse condo backing onto Shriners Creek in Niagara Falls' Mount Carmel neighbourhood. 1,354 sq. ft. above grade, 1+1 bedrooms, main-floor primary suite, main-floor laundry, finished basement and attached garage. A standout unit for downsizers and empty nesters who want one-level living with mature trees, no rear neighbours and a private natural setting.Cathedral ceilings lift the open living and dining area, two solar tubes bring in extra natural light, and a natural gas fireplace adds warmth. The eat-in kitchen has room for a full table, and the separate family room gives you a second space to relax or host friends and family.The primary bedroom is on the main floor with a walk-in closet and ensuite bathroom. Laundry is on the same level, so daily routines stay free of stairs.Downstairs, the full finished basement has a large recreation room, a sitting area and an additional bedroom. A second finished room has no window, so it is best as a possible third bedroom, office or hobby space. Plenty of room for overnight guests, hobbies and storage.The real showpiece is out back. This is one of the best-situated units in the complex, with a gorgeous backyard, a newer deck replaced in spring 2026 and mature trees that overhang it. With no rear neighbours and trees all around, you get real privacy and a quiet spot for morning coffee, immersed in nature. The roof was also replaced in 2025, so two major updates are done.Parking for up to three vehicles includes the attached garage. The quiet, established condo community is close to shopping, restaurants and parks. A low-maintenance alternative to a detached house for retirees and semi-retired buyers who want main-floor living, room to entertain and a peaceful natural backdrop in Niagara Falls.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,769.97/mo

Includes CMHC insurance ($15,063)

$
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5-yr fixed avg.

Principal: $485,910Interest: $330,017
Mortgage Amount$500,973
Total Interest$330,017
Est. Property Tax$382/mo
Total Cost$830,990

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: 208 - Mt. Carmel

Discover 208 - Mt. Carmel

208 - Mt. Carmel is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in 208 - Mt. Carmel

  • •Convenient location in Niagara Falls
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • •MiWay bus routes throughout the area
  • •GO Transit stations within driving distance
  • •Easy highway access to 401/403/QEW
  • •Walking distance to local amenities

Parks & Amenities

  • •Local parks and recreational facilities
  • •Community centres
  • •Shopping plazas nearby
  • •Restaurants and cafes

Lifestyle & Community

208 - Mt. Carmel offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

3241 Montrose Road Unit 22, Niagara Falls

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$735
Property Tax (est.)-$382
Insurance (est.)-$112
Net Cash Flow+$1,291

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $450/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Niagara Falls's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $735/month fees should cover building insurance, common elements, and reserve contributions.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About 208 - Mt. Carmel

I know 208 - Mt. Carmel well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Niagara Falls properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,250 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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