4263 Fourth Ave 412
Niagara Falls, L2E 0C2
FOR SALE
$485,000
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Property Description
Newly built two-bedroom condo located in the bustling center of Niagara Falls, ideal for both investors and residential buyers. The condo features a master suite with an ensuite bathroom as well as a second bedroom bathed in sunlight. The spacious, open-plan living area is designed to welcome guests and host gatherings, enhancing the charm and functionality of the home. Situated near key attractions and surrounded by a lively neighbourhood, this townhouse is great for both high rental appeal and a pleasant residential lifestyle. Crafted with contemporary style and efficiency, this condo boasts premium materials and a sleek design. Perfect for those looking to invest in a property with excellent rental potential or searching for an elegant permanent residence, this home offers versatility, luxury, and potential for appreciation in value. Secure a property that provides both immediate returns and lasting benefits, ensuring a sophisticated and rewarding living experience. Seller is incredibly motivated!!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-25 | 2024-10-18 | 85 | $485,000 | - | Expired |
| 2024-07-18 | 2024-07-25 | 7 | $488,000 | - | Terminated |
| 2024-03-25 | 2024-06-30 | 97 | $487,000 | - | Expired |
Property Features
Arts Centre, Grnbelt/Conserv, Lake/Pond, Park, Public Transit, Rec Centre
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Property Details
Street
City
Property Type
Condo Townhouse, Stacked Townhse
Approximate Sq.Ft.
700-799
Taxes
$2,600 (2024)
Basement
None
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (Lvl 1 No. 36)
Garage Type
Surface
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 16.96' x 14.96' | Window, Hardwood Floor, Combined W/Dining |
| Kitchen | Main | 9.84' x 8.86' | Window, Hardwood Floor, Stainless Steel Appl |
| Prim Bdrm | Main | 11.68' x 10.86' | Window, Hardwood Floor, Ensuite Bath |
| 2nd Br | Main | 7.25' x 10.83' | Window, Hardwood Floor, Ensuite Bath |
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Niagara Falls Market Statistics
Niagara Falls Price Trend
4263 Fourth Ave 412 is a 2-bedroom 2-bathroom townhome listed for sale at $485,000, which is $126,493 (20.7%) lower than the average sold price of $611,493 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom townhome in Niagara Falls increased by $178,993 (41.4%) compared to the previous 30 day period (September 21 - October 20) and down $110,007 (15.2%) from the same time one year ago.Inventory Change
There were 10 2-bedroom townhomes listed in Niagara Falls over the last 30 days (October 21 - November 19), which is up 42.9% compared with the previous 30 day period (September 21 - October 20) and up 42.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom townhomes in Niagara Falls typically sold ($15,324) (2.5%) below asking price over the last 30 days (October 21 - November 19), which represents a $2,076 increase compared to the previous 30 day period (September 21 - October 20) and ($3,400) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom townhomes in Niagara Falls over the last 30 days (October 21 - November 19) stood at 730.0%, up from 14.3% over the previous 30 days (September 21 - October 20) and up from 14.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom townhome in Niagara Falls stood at 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 83 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Real Estate Centre Inc.
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