$914,800 - 5703 Osprey Avenue, Niagara Falls
Detached for Sale in Niagara Falls
104 days on market- MLS Number
- X12914738
- Property Type
- Detached
- Status
- active
- Days on Site
- 104
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Niagara Falls
- Listing Brokerage
- RE/MAX NIAGARA REALTY LTD, BROKERAGE
FULLY FINISHED WALK-OUT BASEMENT! Located in Niagara Falls' desirable south end, 5703 Osprey Ave offers approximately 2,900 sq. ft. of finished living space in a .in a stylish and functional 2-storey family home. With 3 bedrooms, 4 bathrooms, a double car garage, and parking for 6 vehicles, this home is designed for real life. The main floor offers a practical layout with bright, polished living spaces, a convenient mud room, and a kitchen with a walk-out to a covered deck, creating an easy connection between indoor living and outdoor enjoyment. Upstairs, all three bedrooms feature walk-in closets, while the primary suite offers his-and-hers walk-in closets and a spacious 5-piece ensuite with a tiled glass shower and soaker tub. Second-floor laundry adds even more everyday convenience.The finished walk-out basement is the feature that truly sets this home apart. Brightened by windows and offering direct access to the concrete patio, it provides the kind of additional living space that can adapt to your needs, whether for family time, entertaining, or a play area. There is also plenty of storage, a cold cellar, and a bathroom with a shower rough-in tucked into the closet for future potential. Outside, the covered deck and lower patio extend the living space and create a great setup for relaxing or entertaining. Close to Costco, Walmart, grocery stores, restaurants, and other everyday amenities, this move-in ready home offers comfort, function, and a location that makes daily life easier. Please note, location of above ground pool will be sodded in late spring.
Estimate your monthly payments for this property
Estimated Payment
$4,693.40/mo
Includes CMHC insurance ($25,523)
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 Niagara Falls
Niagara Falls 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 Niagara Falls
- •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
Niagara Falls 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.
5703 Osprey 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 $457/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.
Negotiation Opportunity
At 104 days on site, this property has exceeded the typical selling timeline for Niagara Falls. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 4 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.
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 $3,812 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.