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Niagara Falls, offers a unique blend of natural beauty, urban amenities, and affordability, making it an attractive place to live for individuals, families, and retirees alike. As of October 2023, the average price of a home in Niagara Falls is $670.18K which is 39% more affordable than Mississauga and 47% from Toronto. That is why from a real estate perspective buying a home in Niagara Falls comes with several benefits.
If you're thinking about buying a house and your annual household income is around $150,000, Niagara Falls should definitely be on your list. You'll find a variety of housing options here, from nice single-family homes to roomy condos, all at prices that won't break the bank. To give you an idea of what's available, we've picked out four recently sold properties that represent the quality you can expect in Niagara Falls.
Sold within 11 days of listing, this was a two storey fully fenced home that exceeded all expectations. First, it was set at a prime and quiet location away from the hustle and bustle of the city. Second, the house included a spacious kitchen, a large dining room and a finished basement with upgrades. Not to mention it also came packed with a new 2-level deck in the backyard for morning coffee or evening wine. For $670K this was an absolute steal of a deal and offered a fantastic opportunity for comfortable living in a beautiful, peaceful neighbourhood in Niagara Falls.
Priced to the sell, this newly built semi-detached home not only featured 4 massive bedrooms and 3 bathrooms but also a loft, perfect for versatile living and making the most of your space. This home also featured a large backyard, providing an ideal outdoor space for relaxation, recreation, and the perfect setting to make lasting memories with family and friends. Located just minutes away from Niagara Falls and and close to Chippawa docks for boating, restaurants, QEW (Queen Elizabeth Way), schools, and more this home attracted a lot of buyers. No wonder it flew off the market in just 27 days!
This is a cozy 2-story townhome in the heart of Niagara Falls, already snagged by someone with a $150K annual income. With 4 bedrooms and 3 baths, this place is a dream. The outside? A mix of brick and stone, and it's got a smart security system. Inside, enjoy a swanky kitchen island, fancy quartz countertops, and durable vinyl plank floors. The layout's smart, with laundry upstairs and a boss primary bedroom with a big closet. No wonder it sold in just 11 days—this spot is the real deal for anyone looking to live large in Niagara Falls on a $150K budget.
Imagine your dream home – a corner unit with a private treed view from a spacious balcony. This sold-out gem, recently painted in neutral tones, is in immaculate condition. The open concept floods the living, kitchen, and sunroom with natural light, all overlooking a serene pool. With 2 bedrooms, the master boasts a 4 pc ensuite and walk-in closet. The kitchen, equipped with newer appliances, is complemented by a large eating area. Added perks include 2 underground parking spots, a storage locker, and building amenities like an inground pool, exercise room, social spaces, and more. It's not just a home; it's a lifestyle, and with an annual household income of $150K, it's within reach in beautiful Niagara Falls.
If the skyrocketing housing costs in cities such as Mississauga and Toronto have you feeling stressed, it's worth considering alternative options. Venturing beyond these urban hubs, you'll uncover hidden treasures in areas like Kitchener , London , Barrie , and more, where affordable opportunities to own your dream home await. The Canadian Home has similar listings for these cities, providing a chance to explore and find out what you can afford on an annual household income of $150,000. So, make sure to take a peek at the possibilities—it might just lead you to the perfect home without breaking the bank!