$1,800,000 - 4291 Simcoe Street, Niagara Falls
Detached for Sale in Niagara Falls
Neighbourhood: 210 - Downtown
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- MLS Number
- X13799952
- Property Type
- Detached
- Status
- active
- Days on Site
- 21
- Bedrooms
- 9
- Bathrooms
- 7
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Niagara Falls
- Taxes (2026)
- $8,273
- Listing Brokerage
- RE/MAX NIAGARA REALTY LTD, BROKERAGE
9 BEDROOMS, 9 BATHROOMS, STEPS FROM WORLD-FAMOUS NIAGARA FALLS! An incredible estate-style property and turnkey Bed & Breakfast opportunity in the heart of Niagara Falls' tourist district, offering approximately 4,400 sq. ft. of total living space across two separate residences and 9 parking spaces!The impressive main house features 7 bedrooms and 7 ensuite bathrooms, with four bedrooms on the second floor and three on the main floor. A separate detached cottage-style guest house offers another 2 bedrooms and 2 bathrooms, complete with its own kitchen, living room and forced-air heating-creating an ideal setup for private owner's quarters or additional living space.Currently operating as Serenity Inn, the property has earned exceptional guest ratings of 9.9 and 4.9 on Airbnb and is ideally located just a short walk to River Road and a pleasant stroll to the Falls, restaurants, attractions and everything Niagara's world-famous tourist district has to offer.The property has been extensively renovated and updated, including newer flooring, kitchen and bathrooms, updated plumbing and electrical, nearly all newer windows, new hot water heater, engineered structural supports, double-drywall fire protection, updated sprinkler system with yearly inspections completed by Troy Fire, new fencing, improved drainage, waterproofing along the east side of the main house, newer driveway and parking area, deck and sunroom. The main residence features hot water heating with window-unit air conditioning.Very clean, well maintained and truly turnkey, this is a rare opportunity to own a substantial 9-bedroom, 9-bathroom property in one of Canada's most recognizable tourist destinations, with the ability to live and work in the same exceptional location.Property is being offered without existing rental tenancies.
Estimate your monthly payments for this property
Estimated Payment
$7,962.01/mo
5-yr fixed avg.
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.
Discover 210 - Downtown
210 - Downtown 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 210 - Downtown
- •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
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
210 - Downtown 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.
4291 Simcoe Street, Niagara Falls
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $514/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.
Market Position
At 21 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Niagara Falls are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 9 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Niagara Falls.
Bathroom Count Matters
With 7 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.