7304 Lakewood Cres
220 - Oldfield, Niagara Falls, L2G 7T1
FOR SALE
$670,900
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BEDROOMS2
BATHROOMS1
KITCHENS3 + 1
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Property Description
Welcome to this charming 4-level backsplit, ideally situated in the sought-after south end of Niagara Falls. This lovingly maintained, original-owner home offers 3 spacious bedrooms, including a primary suite with convenient ensuite privilege. With 2 bathrooms, there's plenty of space for family and guests. The bright, open kitchen features patio doors that lead to the spacious backyard, perfect for entertaining or enjoying your morning coffee on your patio. Plus, direct access to the garage from the home adds extra convenience. The lower level is a standout with a large L-shaped rec room, complete with a cozy gas fireplace, and a 3-piece bath, creating an ideal space for relaxation or family gatherings. This home is perfectly located just minutes from schools, stores, restaurants, and highway access, making it an ideal choice for busy families or commuters. With its original ownership and thoughtful updates, this is a fantastic opportunity to own a well-cared-for home in a prime neighborhood!
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Property Features
Fenced Yard, Golf, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Detached, Backsplit 4
Approximate Sq.Ft.
1100-1500
Lot Size
45' x 145'
Fronting
North
Taxes
$4,387 (2024)
Basement
Unfinished
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 10.37' x 10.37' | |
| Living | Main | 14.01' x 11.06' | |
| Dining | Main | 11.58' x 11.06' | |
| Kitchen | Main | 9.91' x 19.88' | |
| Br | Upper | 9.12' x 11.29' | |
| 2nd Br | Upper | 12.20' x 11.29' | |
| Prim Bdrm | Upper | 13.39' x 10.89' |
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Niagara Falls Market Statistics
Niagara Falls Price Trend
7304 Lakewood Cres is a 3-bedroom 2-bathroom home listed for sale at $670,900, which is $168,908 (33.6%) 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 Royal Lepage Nrc Realty
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