6511 Riall Street, Niagara Falls

Price: $599,900

4 bedrooms, 1 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: X13591744

Take advantage at this price of 0.4 acres in the Heart of Stamford! The 115x150 lot secludes a hidden oasis with a concrete pool 40 foot long. Owned by the same family for over 40 years with many exterior updates, including windows and roof shingles. A modern country home awaits your decorative flair with high ceilings, plank flooring, and generous baseboard and window trim. The kitchen is already complete with new cabinetry (2022) and granite counters. The 280 sq ft. family room addition was built with a full block foundation and 2x6' if additional second-story space is needed beyond the 4 bedroom, 1 bath. Take advantage of opportunity for your family to create generations of family holiday events and summertime fun. Power to separate garage.

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$599,900 - 6511 Riall Street, Niagara Falls

Detached for Sale in Niagara Falls

33 days on market

Neighbourhood: 206 - Stamford

4Beds
1Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
X13591744
Property Type
Detached
Status
active
Days on Site
33
Bedrooms
4
Bathrooms
1
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Niagara Falls
Listing Brokerage
ROYAL LEPAGE NRC REALTY
Description

Take advantage at this price of 0.4 acres in the Heart of Stamford! The 115x150 lot secludes a hidden oasis with a concrete pool 40 foot long. Owned by the same family for over 40 years with many exterior updates, including windows and roof shingles. A modern country home awaits your decorative flair with high ceilings, plank flooring, and generous baseboard and window trim. The kitchen is already complete with new cabinetry (2022) and granite counters. The 280 sq ft. family room addition was built with a full block foundation and 2x6' if additional second-story space is needed beyond the 4 bedroom, 1 bath. Take advantage of opportunity for your family to create generations of family holiday events and summertime fun. Power to separate garage.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,077.80/mo

Includes CMHC insurance ($16,737)

$
$
5%10%50%

5-yr fixed avg.

Principal: $539,910Interest: $366,692
Mortgage Amount$556,647
Total Interest$366,692
Est. Property Tax$425/mo
Total Cost$923,339

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.

Ready to get pre-approved?

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Neighbourhood Guide: 206 - Stamford

Discover 206 - Stamford

206 - Stamford 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 206 - Stamford

  • 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

206 - Stamford 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

6511 Riall Street, Niagara Falls

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
6.0%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$425
Insurance (est.)-$125
Net Cash Flow+$3,000

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 $240/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 33 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 206 - Stamford

I know 206 - Stamford 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 $2,500 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    6511 Riall Street, Niagara Falls | $599,900 | Battaglia Team