$499,000
7631 Wayne Street, Niagara Falls, ON L2H 1G7
Ascot
Ascot · L2H 1P1
$499,900
$714 / sq ft4 months on market
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$499,000
Ascot
Located in the desirable and established Ascot community of Niagara Falls at 4751 Baldwin Ave , this exceptional property offers a rare blend of immediate cash flow, financial leverage, and tremendous future development potential near Montrose Rd. Situated on an expansive 53.06 x 131.4-foot lot , the well-maintained bungalow features a practical layout without a basement, making it ideal for families seeking an affordable transitional home with long-term investment upside. For savvy investors and builders, this is a premier opportunity to secure a prime piece of land using conventional residential mortgage leverage, as the existing structure can be completely relocated and sold for instant cash, leaving a vacant lot ready for a brand-new build. Generating an immediate rental income of $1,850 per month from a reliable AAA tenant, combined with a separate detached garage equipped with hydro, an owned water heater, and absolutely no monthly fees, this turn-key asset ensures completely stress-free cash flow while you plan your next move.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced below most comparable listings — about 10% of comparable detached listings in Ascot are asking less.
Based on 20 comparable active detached listings in Ascot. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $499,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of HOMELIFE LANDMARK REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of SAVE MAX REAL ESTATE INC.
$584,900
Ascot
Listing courtesy of REVEL Realty Inc., Brokerage
$475,000
Ascot
Listing courtesy of REVEL Realty Inc., Brokerage
$589,000
Ascot
Listing courtesy of REVEL Realty Inc., Brokerage