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Listed 2 months ago

7995 CATHEDRAL Drive

208 - Mt. Carmel, Niagara Falls

$1,495,000

Detached|2-Storey
4 | 10 | 6
About this home

Location, Location, Location! Nestled in one of Niagaras most sought-after neighbourhoods and surrounded by other high-end homes, this exceptional luxury residence offers the perfect blend of tranquility and modern living. Situated on a premium lot with no rear neighbours and mature trees framing a private backyard oasis, this home promises both peace and prestige. From the moment you arrive, the luxurious curb appeal sets the tone. A striking exterior welcomes you, and as you step through the entrance, you're immediately greeted by a stunning winding staircase and a breathtaking exquisite chandelier, setting the stage for the elegance throughout.Thoughtfully designed for both style and function, the main floor features a spacious primary bedroom with a lavish 6-piece ensuite that is ideal for elderly family members or those seeking main-floor privacy. A formal dining room, front home office, and a convenient main-floor laundry room add everyday practicality.The heart of the home is the gourmet kitchen, complete with high-end appliances, custom cabinetry, and finishes that elevate the space. The expansive living room has 18 foot ceilings and the room is bathed in natural light, thanks to the large windows that offer serene views of the backyard and beyond. Step outside into your private outdoor haven, where the deep lot and no rear neighbours provide unmatched seclusion. Upstairs, you'll find two generously sized bedrooms plus a bonus loft-style room above the garage, which can serve as a second primary suite, media room, or guest quarters. For the car enthusiast or hobbyist, the oversized garage is a dream come true. With a double-deep design on one side, it easily accommodates up to three vehicles, with ample space for storage or a workshop. The basement offers a vast open space, perfect for a home gym or the opportunity to create a completely separate living space, ideal for multi-generational families or those seeking rental potential.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$12,546
Lot Size90.22 ft x 150 ft
mls© NumberX13561600
Listed ByROYAL LEPAGE NRC REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$7,652
Property tax
$1,046
Heat allowance
$150
Housing costs
$8,848 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $299,000
25-yr amortization

Income needed

$272,000

gross annual household income

Payment at 4%
$6,291 / mo
Cash down
$299,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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