8273 TULIP TREE Dr
Niagara Falls, L2H 3S8
FOR SALE
$649,000
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BEDROOMS3
BATHROOMS1
KITCHENS6
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Property Description
This property presents a guaranteed income-generating opportunity, featuring a desirable walk-out basement ideal for rental income or Airbnb potential. Strategically located just two minutes from Costco and surrounded by master-planned communities with comprehensive amenities, this home offers both convenience and investment appeal. Its prime location and design ensure strong demand for short-term or long-term rentals. Early closing is preferred. Don't miss this chance to secure a profitable real estate investment.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2021-05-07 | 2021-05-13 | 6 | $2,300 | $2,300 | Leased |
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Property Details
Street
City
Property Type
Att/Row/Townhouse, 2-Storey
Lot Size
20' x 77'
Acreage
2-4.99
Fronting
East
Taxes
$4,858 (2023)
Basement
Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Attached
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Niagara Falls Market Statistics
Niagara Falls Price Trend
8273 TULIP TREE Dr is a 3-bedroom 3-bathroom townhome listed for sale at $649,000, which is $86,797 (15.4%) higher than the average sold price of $562,203 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom townhome in Niagara Falls declined by $3,621 (0.6%) compared to the previous 30 day period (November 19 - December 18) and down $127,797 (18.5%) from the same time one year ago.Inventory Change
There were 15 3-bedroom townhomes listed in Niagara Falls over the last 30 days (December 19 - January 17), which is up 50.0% compared with the previous 30 day period (November 19 - December 18) and up 200.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom townhomes in Niagara Falls typically sold ($3,389) (0.6%) below asking price over the last 30 days (December 19 - January 17), which represents a $3,419 increase compared to the previous 30 day period (November 19 - December 18) and ($9,000) 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 townhomes in Niagara Falls over the last 30 days (December 19 - January 17) stood at 93.3%, down from 120.0% over the previous 30 days (November 19 - December 18) and up from 20.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom townhome in Niagara Falls stood at 41 days when successfully sold over the last 30 days (December 19 - January 17), compared to 88 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Maple Leaf Realty Ltd.
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