4989 Willmott St

FOR SALE
$798,990
4989 Willmott St, Niagara Falls
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3 + 2
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
10 + 4
ROOMS
X11976886
MLSID
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Property Description
Fully separate entrance basement property, with potential rental income of $3,850 plus utilities! One of the largest homes in the neighbourhood with a separate basement apartment, offering 3+2 beds, 2 kitchens (2023), and 2 laundries. The basement unit is currently tenanted, willing to stay or go. Enter through the sunroom into a spacious living and dining area, featuring a renovated kitchen with quartz countertops. The family room includes a 2-pc ensuite and walkout to a private deck and above ground pool with a shed in the backyard. The second floor offers 3 bedrooms, laundry, and a pull-down attic for extra storage. The separate entrance basement in-law/rental suite features a full eat-in kitchen, 2 spacious bedrooms, and a 3-pc bathperfect for rental income or multi-generational living. This is an ideal opportunity for end users or investors looking for strong cash flow. Recent upgrades include a new furnace, heat pump, sun roof, and insulation. Upstairs is vacant.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-11-05 2021-11-25 21 $699,990 $706,000 Sold
Property Features
Fenced Yard, Hospital, Park, School
Property Details
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
34' x 120'
Fronting
North
Taxes
$3,477 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Abv Grnd
Parking Spaces
4
Driveway
Available
Garage Type
None
Room Summary
RoomLevelSizeFeatures
SunroomMain6.69' x 18.80'Laminate
LivingMain11.91' x 11.29'Hardwood Floor
DiningMain11.19' x 12.60'Hardwood Floor
KitchenMain9.48' x 12.70'Pot Lights, Quartz Counter, Stainless Steel Appl
FamilyMain11.98' x 13.09'Laminate
Br2nd10.10' x 12.27'Hardwood Floor
Br2nd9.28' x 11.58'Hardwood Floor
Br2nd7.74' x 8.10'Hardwood Floor
KitchenBsmt8.20' x 10.99'
BrBsmt10.50' x 11.29'
BrBsmt7.28' x 10.14'
Niagara Falls Market Statistics
Niagara Falls Price Trend
4989 Willmott St is a 3-bedroom 3-bathroom home listed for sale at $798,990, which is $236,607 (42.1%) higher than the average sold price of $562,383 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Niagara Falls declined by $32,132 (5.4%) compared to the previous 30 day period (December 22 - January 20) and up $22,328 (4.1%) from the same time one year ago.
Inventory Change
There were 84 3-bedroom homes listed in Niagara Falls over the last 30 days (January 21 - February 19), which is down 3.4% compared with the previous 30 day period (December 22 - January 20) and up 64.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Niagara Falls typically sold ($15,213) (2.7%) below asking price over the last 30 days (January 21 - February 19), which represents a $2,532 decrease compared to the previous 30 day period (December 22 - January 20) and ($22,911) 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 (January 21 - February 19) stood at 35.7%, down from 36.8% over the previous 30 days (December 22 - January 20) and down from 52.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Niagara Falls stood at 47 days when successfully sold over the last 30 days (January 21 - February 19), compared to 82 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Leading Edge Realty Inc.
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