4983 University Ave
216 - Dorchester, Niagara Falls, L2E 7B9
FOR SALE
$659,000
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3
BEDROOMS2
BATHROOMS1 + 1
KITCHENS5 + 3
ROOMSX11936627
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Property Description
**REDUCED POWER OF SALE** A golden opportunity awaits! Introducing this 1093 sq ft Vacant 3 Level-Backsplit Situated In A Quiet Neighbourhood Just an intersection away from the QEW and 15 minutes from Rainbow Bridge. Walk Into this freshly painted home to find the spacious family Room that fills with natural sunlight Featuring Hardwood Floors and the Kitchen with ceramic tiles. This Home Features 3 Bedrooms And A Newly Renovated 4pc Bath with double sinks On The Main. In-Law Suite Offers A massive recreation Room With a gas Fireplace, separate entrance and great eat-in kitchen. The Suite Offers a 3pc Bath and a very large Laundry Room. Lots of space to create 1 to 2 bedrooms or leave it open-concept. Live upstairs and rent the basement for added income. Find a Large Shed in Backyard And A Single Car Garage With Room For 2 More Cars On The Driveway. This Power Of Sale Property Will Not Last Long. Great Investment Property, multi-family living or enjoy the space for your family.
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Extras
See Schedule B
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Property Details
Street
Community
City
Property Type
Detached, Backsplit 3
Lot Size
50' x 117'
Acreage
< .50
Fronting
East
Taxes
$3,628 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Family | Main | 13.48' x 22.67' | Hardwood Floor, Pot Lights, Large Window |
| Kitchen | Main | 8.60' x 18.90' | Ceramic Floor |
| Prim Bdrm | Main | 10.40' x 13.19' | Hardwood Floor, B/I Closet, Window |
| 2nd Br | Main | 9.19' x 13.48' | Hardwood Floor, B/I Closet, Window |
| 3rd Br | Main | 8.89' x 9.88' | Hardwood Floor, B/I Closet, Window |
| Bathroom | Main | 6.79' x 10.10' | 4 Pc Bath, Ceramic Floor, Double Sink |
| Rec | Bsmt | 17.19' x 22.28' | Gas Fireplace, Ceramic Floor, Pot Lights |
| Kitchen | Bsmt | 10.60' x 12.60' | |
| Laundry | Bsmt | 10.99' x 19.00' |
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Niagara Falls Market Statistics
Niagara Falls Price Trend
4983 University Ave is a 3-bedroom 2-bathroom home listed for sale at $659,000, which is $157,008 (31.3%) higher than the average sold price of $501,992 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Niagara Falls increased by $24,064 (5.0%) compared to the previous 30 day period (November 19 - December 18) and down $63,534 (11.2%) from the same time one year ago.Inventory Change
There were 87 3-bedroom homes listed in Niagara Falls over the last 30 days (December 19 - January 17), which is up 171.9% compared with the previous 30 day period (November 19 - December 18) and up 335.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Niagara Falls typically sold ($5,134) (1.0%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,861 increase compared to the previous 30 day period (November 19 - December 18) and ($26,710) more 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 3-bedroom homes in Niagara Falls over the last 30 days (December 19 - January 17) stood at 278.2%, down from 668.8% over the previous 30 days (November 19 - December 18) and up from 95.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Niagara Falls stood at 32 days when successfully sold over the last 30 days (December 19 - January 17), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Get Sold Realty Inc.
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