7631 Wayne Street, Niagara Falls

Price: $499,000

3 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13697632

Welcome to 7631 Wayne street. This charming, updated bungalow in a great location is just waiting for you. The open concept main floor is bright and offers lots of space for spending time with family and/or entertaining guests. The updated kitchen with granite countertops and island is spacious with lots of storage. Continuing the main floor we have 3 bedrooms and an updated bathroom with new bathtub. The unfinished basement with 8 FT HIGH CEILINGS IS INSULATED, STUDDED & VAPOUR BARRIER with a Roughed In Bathroom ready to be finished. The large, exposed aggregate concrete driveway offers plenty of parking and continues into walk way to the backyard where you have a large back patio. Close to highway, shopping and all other amenities. Don't miss!!

7631 Wayne Street - Detached photo 1 of 15 in Niagara Falls, Ontario
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New Listing
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$499,000 - 7631 Wayne Street, Niagara Falls

Detached for Sale in Niagara Falls

New — Listed 3 days ago

Neighbourhood: 213 - Ascot

3Beds
1Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13697632
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Niagara Falls
Listing Brokerage
SAVE MAX REAL ESTATE INC.
Description

Welcome to 7631 Wayne street. This charming, updated bungalow in a great location is just waiting for you. The open concept main floor is bright and offers lots of space for spending time with family and/or entertaining guests. The updated kitchen with granite countertops and island is spacious with lots of storage. Continuing the main floor we have 3 bedrooms and an updated bathroom with new bathtub. The unfinished basement with 8 FT HIGH CEILINGS IS INSULATED, STUDDED & VAPOUR BARRIER with a Roughed In Bathroom ready to be finished. The large, exposed aggregate concrete driveway offers plenty of parking and continues into walk way to the backyard where you have a large back patio. Close to highway, shopping and all other amenities. Don't miss!!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,560.13/mo

Includes CMHC insurance ($13,922)

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5-yr fixed avg.

Principal: $449,100Interest: $305,016
Mortgage Amount$463,022
Total Interest$305,016
Est. Property Tax$353/mo
Total Cost$768,039

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: 213 - Ascot

Discover 213 - Ascot

213 - Ascot 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 213 - Ascot

  • 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

213 - Ascot 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

7631 Wayne Street, Niagara Falls

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
5.6%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$2,343

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 $713/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.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

About 213 - Ascot

I know 213 - Ascot 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.

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    7631 Wayne Street, Niagara Falls | $499,000 | Battaglia Team