4628 Lee Ave

Niagara Falls, L2H 1M6
FOR SALE
$1,195,000
4628 Lee Ave, Niagara Falls
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
4628 Lee Ave
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2 + 2
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
10
ROOMS
X8228212
MLSID
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Property Description
Experience modern luxury living in this custom-built 2021 bungalow, offering elegance and comfort with a legal separate suite downstairs. The upper unit boasts a spacious layout complemented by a large, fenced yard and garage with convenient inside access. With 9 ft ceilings on the main level and a full legal suite in the basement with a separate entrance, this residence offers versatility and privacy. The primary bedroom includes a luxurious 5-piece ensuite and custom-built walk-in closet, while the second bedroom offers added convenience at the front of the home beside main floor 4 pc bath with quartz counters, a walk-in pantry/laundry. Entertain in style in the open concept kitchen area with a large 8ft island and stainless-steel appliances, while the electric fireplace adds warmth in the living area. Step outside to the covered terrace and enjoy views of the manicured yard with a hot tub, all within the confines of a fully fenced private backyard. Live in the upper unit and rent out the basement with two bedrooms for extra income. The lower unit has access to the side of the home along concrete path down to an open concept layout with large windows throughout. This home promises a lifestyle of sophistication and convenience.
Property Details
Street
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
38' x 150'
Lot Irregularities
None
Fronting
East
Taxes
$5,629 (2023)
Basement
Finished, Sep Entrance
Exterior
Stucco/Plaster, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
Prim BdrmMain13.16' x 13.32'
BrMain9.51' x 12.01'
KitchenMain8.99' x 16.01'
LivingMain24.25' x 14.99'
KitchenLower8.01' x 11.52'
Great RmLower13.25' x 14.99'
BrLower10.01' x 11.84'
BrLower9.84' x 9.84'
Niagara Falls Market Statistics
Niagara Falls Price Trend
4628 Lee Ave is a 2-bedroom 3-bathroom home listed for sale at $1,195,000, which is $670,950 (128.0%) higher than the average sold price of $524,050 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 2 bedroom home in Niagara Falls declined by $9,100 (1.7%) compared to the previous 30 day period (February 29 - March 29) and up $31,550 (6.4%) from the same time one year ago.
Inventory Change
There were 7 2-bedroom homes listed in Niagara Falls over the last 30 days (March 30 - April 28), which is down 46.2% compared with the previous 30 day period (February 29 - March 29) and down 36.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Niagara Falls typically sold ($23,950) (4.6%) below asking price over the last 30 days (March 30 - April 28), which represents a $7,200 decrease compared to the previous 30 day period (February 29 - March 29) and ($23,650) 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 homes in Niagara Falls over the last 30 days (March 30 - April 28) stood at 142.9%, up from 46.2% over the previous 30 days (February 29 - March 29) and up from 72.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Niagara Falls stood at 45 days when successfully sold over the last 30 days (March 30 - April 28), compared to 56 days before being removed from the market upon being suspended or terminated.
Listing contracted with Milborne Real Estate Inc.
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