6916 Garner Rd
Niagara Falls, L2H 0X6
FOR SALE
$1,980,000
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Property Description
Beautifully maintained and renovated 2 storey house on almost one acre lot boasting 4,000 SF floor space above the ground plus finished basement. 4 bedrooms on 2nd floor with renovated 2 bathrooms and 2 large great room/office on the ground floor with renovated kitchen (2021). New side roof shingles (2021). The most desirable water radiant heating and a separate central AC systems. New instant hot water system (2023, rental). Proximity to renowned secondary and elementary schools. Walking distance to Costco, Walmart, FreshCo and Metro. The new General Hospital is under construction nearby. Active development of houses, condos and THs are just steps away. Virtual Tour and Floor Plans are attached. Just next to this property, there is a TH construction for 7 units and the lot size is a half of the subject property. Great opportunity to the Buyer as a resident and/or for development. Seller is retiring.
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Extras
The lot size can be developed for 4 detached houses or more than 14 THs or 3-4 storeys condo APT as per City. This is the immediate potential. Survey is attached. Additional over sized detached garage with power and water.
Property Features
School
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Property Details
Street
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
182' x 220'
Acreage
.50-1.99
Fronting
East
Taxes
$9,039 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Radiant
Heat Source
Other
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Dining | Main | 15.32' x 14.99' | O/Looks Garden, Tile Floor |
| Kitchen | Main | 14.01' x 11.42' | B/I Appliances, Tile Floor, Renovated |
| Bathroom | Main | 12.50' x 15.26' | 4 Pc Ensuite, Hot Tub, Sunken Bath |
| Living | Main | 13.16' x 23.82' | Fireplace, Hardwood Floor, Beamed |
| Family | Main | 18.93' x 31.92' | Skylight |
| Great Rm | Main | 12.83' x 22.01' | Hardwood Floor, French Doors, O/Looks Frontyard |
| Office | Main | 13.42' x 12.99' | Hardwood Floor, French Doors, O/Looks Garden |
| Pantry | Main | 8.01' x 13.42' | Hardwood Floor, B/I Shelves |
| Prim Bdrm | 2nd | 13.09' x 29.43' | Hardwood Floor, W/I Closet, 4 Pc Ensuite |
| 2nd Br | 2nd | 11.09' x 13.42' | Broadloom, Large Window, Large Closet |
| 3rd Br | 2nd | 11.84' x 14.40' | Broadloom, Large Window, Large Closet |
| 4th Br | 2nd | 10.93' x 11.91' | Broadloom, Large Window, Large Closet |
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Niagara Falls Market Statistics
Niagara Falls Price Trend
6916 Garner Rd is a 4-bedroom 3-bathroom home listed for sale at $1,980,000, which is $1,142,327 (136.4%) higher than the average sold price of $837,673 in the last 30 days (October 15 - November 13). During the last 30 days the average sold price for a 4 bedroom home in Niagara Falls increased by $197,507 (30.9%) compared to the previous 30 day period (September 15 - October 14) and up $117,673 (16.3%) from the same time one year ago.Inventory Change
There were 29 4-bedroom homes listed in Niagara Falls over the last 30 days (October 15 - November 13), which is down 27.5% compared with the previous 30 day period (September 15 - October 14) and down 17.1% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Niagara Falls typically sold ($29,728) (3.5%) below asking price over the last 30 days (October 15 - November 13), which represents a $25,071 decrease compared to the previous 30 day period (September 15 - October 14) and ($23,600) 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 4-bedroom homes in Niagara Falls over the last 30 days (October 15 - November 13) stood at 420.7%, up from 30.0% over the previous 30 days (September 15 - October 14) and up from 22.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Niagara Falls stood at 27 days when successfully sold over the last 30 days (October 15 - November 13), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group-Admiral Realty Inc.
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