7151 DORCHESTER Rd
217 - Arad/Fallsview, Niagara Falls, L2G 5V7
FOR SALE
$594,900
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Property Description
R1C ZONING PERMITS 3-4 UNITS! So many possibilities with this charming well kept brick bungalow w/garage in the south end of Niagara Falls. The zoning permits the possibility of 2 extra units (to be built) inside the house and one unit can be built in the backyard, for a total of 4 units. Or you can just live in the house as is. This bungalow has a retro feel with many updates already done. Some updates include Central air (Sept 2023), Hot water tank owned (Sept 2023), Hepa Filter Unit (June 2023) Main floor Windows (2013), soffits facia and eaves (2013), Electrical Lots of hardwood flooring. Deep partially fenced lot. An unspoiled basement can be blank slate to design your own extra space whether it be another unit for the in-laws or a home business, among other things. The zoning is R1C.
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
50' x 150'
Acreage
< .50
Taxes
$3,082 (2024)
Basement
Full, Unfinished
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 |
|---|---|---|---|
| Other | Main | 11.42' x 17.26' | |
| Living | Main | 13.16' x 16.24' | |
| Prim Bdrm | Main | 11.25' x 16.67' | |
| Br | Main | 10.07' x 11.52' | |
| Br | Main | 8.99' x 11.52' |
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Niagara Falls Market Statistics
Niagara Falls Price Trend
7151 DORCHESTER Rd is a 3-bedroom 1-bathroom home listed for sale at $594,900, which is $117,261 (24.6%) higher than the average sold price of $477,639 in the last 30 days (December 12 - January 10). During the last 30 days the average sold price for a 3 bedroom home in Niagara Falls declined by $68,584 (12.6%) compared to the previous 30 day period (November 12 - December 11) and down $79,966 (14.3%) from the same time one year ago.Inventory Change
There were 66 3-bedroom homes listed in Niagara Falls over the last 30 days (December 12 - January 10), which is up 34.7% compared with the previous 30 day period (November 12 - December 11) and up 214.3% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Niagara Falls typically sold ($3,900) (0.8%) below asking price over the last 30 days (December 12 - January 10), which represents a $8,530 increase compared to the previous 30 day period (November 12 - December 11) and ($28,300) 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 12 - January 10) stood at 600.0%, down from 2,324.5% over the previous 30 days (November 12 - December 11) and up from 81.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Niagara Falls stood at 31 days when successfully sold over the last 30 days (December 12 - January 10), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Nrc Realty
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