$649,900 - 5679 Highland Avenue, Niagara Falls
Detached for Sale in Niagara Falls
Neighbourhood: 215 - Hospital
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- MLS Number
- X13784190
- Property Type
- Detached
- Status
- active
- Days on Site
- 22
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Niagara Falls
- Taxes (2025)
- $5,255
- Listing Brokerage
- RE/MAX NIAGARA REALTY LTD, BROKERAGE
Welcome to this fantastic raised bungalow, thoughtfully configured as two separate living spaces-an ideal opportunity for first-time homebuyers, multi-generational families, or savvy investors! The main level offers a bright and comfortable layout featuring 2 bedrooms, including a generous primary bedroom with a walk-in closet, a spacious living room with a cozy gas fireplace, and a large eat-in kitchen with direct access to a covered patio, perfect for relaxing or entertaining. Convenient main-floor laundry provides easy access to the garage, while the 4-piece bathroom with a Jacuzzi tub adds an extra touch of comfort. The fully finished lower level offers incredible versatility with its own separate walk-up entrance, making it perfect for extended family, in-law accommodations, or rental income. This spacious level features a second kitchen, 3-piece bathroom, large living area, and 2 additional Bedrooms. Outside, enjoy a fully fenced yard, 1.5-car garage, and triple-wide driveway offering plenty of parking. Adding even more value, the home features separate hydro meters and separate heating, providing excellent flexibility for investors or multi-generational living. The lower-level tenant would love to stay, making this an especially attractive opportunity for investors seeking immediate rental potential. A rare combination of space, flexibility, and income potential-this one is not to be missed!
Estimate your monthly payments for this property
Estimated Payment
$3,334.32/mo
Includes CMHC insurance ($18,132)
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 215 - Hospital
215 - Hospital 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 215 - Hospital
- •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
215 - Hospital 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.
5679 Highland Avenue, 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 $591/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 22 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Niagara Falls. Good resale value as demand remains consistent.
About 215 - Hospital
I know 215 - Hospital 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 $2,708 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.