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Listed 8 days ago

5240 Marcel Crescent

212 - Morrison, Niagara Falls

$969,000

Detached|2-Storey
4 | 3 | 6
About this home

This fully renovated showpiece tucked away on a quiet cul-de-sac in one of Niagara Falls most desirable neighbourhoods could be yours! Backing directly onto a park with no rear neighbours, this immaculate home offers privacy, luxury, and versatility both inside and out.The main level features three spacious bedrooms and a beautifully designed open-concept layout. The upper-level primary suite is a true retreat, complete with a built-in closet and a premium ensuite featuring heated floors, renovated just five years ago. Elegant touches like hardwood flooring (2019), coffered ceilings above the dining area, and quartz countertops in both the upper and lower kitchens elevate the homes appeal. The upper kitchen also features a gas stove and a large island, perfect for family meals or entertaining.The fully finished lower level offers a complete in-law or guest suite with a large bedroom, full bathroom, spacious rec room, and full kitchen all with a separate walk-up entrance. This level was extensively renovated in 2021, including new windows throughout.Step outside to a resort-style backyard oasis. Professionally hardscaped and fully fenced (new in 2014), it includes a saltwater in-ground pool (10 years old) with a new liner (2024), fire pit, and a covered upper deck with a built-in hot tub.Additional updates include a new front door (2025), A/C (7-8 years), roof (10 years), and a full kitchen renovation upstairs approximately 8 years ago.This one-of-a-kind property is turn-key and ideal for multigenerational living or hosting with style.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. Age16-30
Size1500-2000 sq. ft.
Property Tax$5,386
Lot Size34.25 ft x 104.85 ft
mls© NumberX13776838
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%
$4,960
Property tax
$449
Heat allowance
$150
Housing costs
$5,559 / mo

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

Down payment20% · $193,800
25-yr amortization

Income needed

$171,000

gross annual household income

Payment at 4%
$4,078 / mo
Cash down
$193,800

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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