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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 139 daysPrice drop · $40,000 off (-5.5%)

    7543 Merritt Avenue

    Oldfield·Niagara Falls, ON·L2G 5C3·Near MCLEOD AND DORCHESTER

    • 3 beds
    Niagara Falls real estate›X12223399
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Welcome to 7543 Merritt Avenue, Niagara Falls A Place You'll Love to Call Home Step into warmth and charm in this beautiful 3-bedroom, 2-bathroom home nestled in a quiet, family-friendly neighbourhood. From the moment you arrive, the manicured lawn, lush gardens, and welcoming curb appeal set the tone for something special. Inside, you'll find an inviting eat-in kitchen perfect for morning coffee and casual meals, while the elegant dining room offers the ideal space for hosting dinner parties or celebrating milestones. Cozy up around not one, but two fireplaces that add a touch of romance and comfort throughout the seasons. The partially finished basement is thoughtfully designed with custom features, creating the perfect space for entertaining or your own private retreat. Enjoy your landscaped gardens from multiple vantage points, sip tea on the charming front porch, relax on the peaceful side patio, or unwind under the beautiful covered deck out back. Thoughtful upgrades include a newer roof, mostly updated windows, and a modern garage door offering peace of mind and enhancing the homes polished aesthetic. Located close to parks, schools, and bus route, this is a home that combines convenience with serenity. Dont miss your chance to fall in love with 7543 Merritt Avenue!

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 20, 2026Price reducedCurrentReduced$689,000−$40,000 (5.5%)X12223399This page
    May 22, 2026Previously listedNew$669,000 —X13161624View
    Jun 13, 2025ListedCurrentFor sale$729,000 —X12223399This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      5
      Heating
      Forced Air
      Air conditioning
      Central Air
      Fireplaces
      2
      Water source
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 7543 Merritt Avenue
    What's nearby

    Points of interest classified by the MLS® feed.

    • Golf
    • Hospital
    • Park
    • Library
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $3,385
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $345
    0.60% mill rate · ON
    The market

    How this home sits in the Niagara Falls market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Niagara Falls market right now

    Average sold price, days on market, and closed-transaction count for Niagara Falls — sourced from MLS®.

    • Avg sold price
      $588,522
      Last 30 days
    • Median sold price
      $545,000
      Middle of the market
    • Days on market
      43 d
      Avg from list to close
    • Closed last 30d
      293
      MLS® transactions
    Full Niagara Falls market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 7543 Merritt Avenue — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 7543 Merritt Avenue and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 7543 Merritt Avenue listed for?

      7543 Merritt Avenue is listed at $689,000 on the MLS® (listing X12223399). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 7543 Merritt Avenue have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 2 baths
  2. 1100-1500 sqft
  3. Detached
  4. < .50 ac lot
  5. Asking
    $689,000
    $0 / sqft · MLS® X12223399
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $588,522
    $541,440Confidence range$635,604
    Asking vs estimate
    ↑↑well-above
    +$100,478
    (+17.1%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 3 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Niagara Falls sell in about 43 days — this one has been listed 139 days.

    Avg sold price
    $588,522
    Median sold
    $545,000
    Avg days on market
    43
    Recently sold
    293
    See comparable sales
    • Inside, you'll find an inviting eat-in kitchen perfect for morning coffee and casual meals, while the elegant dining room offers the ideal space for hosting dinner parties or celebrating milestones.
    • The partially finished basement is thoughtfully designed with custom features, creating the perfect space for entertaining or your own private retreat.
    • Enjoy your landscaped gardens from multiple vantage points, sip tea on the charming front porch, relax on the peaceful side patio, or unwind under the beautiful covered deck out back.
    • Located close to parks, schools, and bus route, this is a home that combines convenience with serenity.
    Ask Zara a follow-up
    Municipal
    Sewer
    Sewer
  7. Parking & garage

    4
    Garage
    Attached
    Garage spaces
    1.5
    Parking spaces
    3.5
    Driveway
    Private Double
  8. Interior

    7
    Basement
    Partially Finished
    Family room
    N
    Kitchens
    1
    Total rooms
    9
    Laundry level
    Lower Level
    Elevator
    N
    Accessibility
    N
  9. Exterior & construction

    5
    Exterior
    Brick, Vinyl Siding
    Roof
    Asphalt Shingle
    Foundation
    Poured Concrete
    View
    Golf Course, Park/Greenbelt
    Pool
    None
  10. Listing & possession

    3
    Occupancy
    Flex
    Property style
    2-Storey
    Property class
    Detached
  11. Room-by-room · 11 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    5 rooms
    • Living Room
      18.4 × 11.8 ft
    • Kitchen
      2 Pc Bath
      12.5 × 10.5 ft
    • Foyer
      11.2 × 10.8 ft
    • Dining Room
      11.5 × 9.2 ft
    • Bathroom
      2 Pc Bath
      5.6 × 5.2 ft

    Second level

    4 rooms
    • Bedroom 3
      10.5 × 9.2 ft
    • Bathroom
      4 Pc Bath
      7.9 × 7.5 ft
    • Primary Bedroom
      16.4 × 12.5 ft
    • Bedroom 2
      11.8 × 10.5 ft

    Basement level

    2 rooms
    • Family Room
      29.5 × 15.1 ft
    • Utility Room
      21.7 × 7.5 ft
  12. School
  13. School Bus Route
  14. Combined estimate
    $3,730
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $3,385
    /mo
    based on the purchase price of $689,000
    $137,800 cash
    $551,200 financed
    $464,255 total interest
    Monthly payment$3,385/ month
    Principal54%$551,200
    Interest46%$464,255

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in Niagara Falls

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 6425 Murray Street
      Sold
      Sign in for price
      6425 Murray Street
      Detached
    • 4450 Second Avenue
      Sold
      Sign in for price
      4450 Second Avenue
      Detached
    • 7900 Ascot Circle
      Sold
      Sign in for price
      7900 Ascot Circle
      Detached
    • 8462 Regan Drive
      Sold
      Sign in for price
      8462 Regan Drive
      Detached
    • 7260 Casey Street
      Sold
      Sign in for price
      7260 Casey Street
      Detached
    • 7551 Fern Avenue
      Sold
      Sign in for price
      7551 Fern Avenue
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    7543 Merritt AvenueThis home3 / 211,001,500$689,000ask———
    6425 Murray Street3 / 21,100—
    4450 Second Avenue3 / 11,100—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Niagara Falls

    Active listings within ±20% of this asking price.

    • 7430 Alex Avenue
      $689,000
      7430 Alex Avenue
      Detached 3 3
    • 5916 CARMAN Street
      $599,900
      5916 CARMAN Street
      Detached 3 2
    • 7506 Jubilee Drive
      $578,000
      7506 Jubilee Drive
      Detached 3 2
    • 7963 Regent Court
      $680,000
      7963 Regent Court
      Detached 3 3
    • 5866 Valley Way
      $730,000
      5866 Valley Way
      Detached 3 4
    • 5136 Marshall Road
      $824,000
      5136 Marshall Road
      Detached 2 2
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  15. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  16. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  17. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  18. Public listing courtesy of RE/MAX ESCARPMENT REALTY INC., BROKERAGE · displayed on Summitly per MLS® data-share rules

    7543 Merritt Avenue is a 3-bedroom, 2-bath, 1100-1500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  19. When was 7543 Merritt Avenue built?

    The year built for 7543 Merritt Avenue isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  20. What is the property tax for 7543 Merritt Avenue?

    The 'Property tax' tab in the History section shows the most recent annual tax for 7543 Merritt Avenue plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  21. How much would the monthly mortgage be on 7543 Merritt Avenue?

    The affordability calculator on this page shows an estimated monthly mortgage for $689,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  22. Has 7543 Merritt Avenue been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 7543 Merritt Avenue with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  23. What neighbourhood is 7543 Merritt Avenue in?

    7543 Merritt Avenue is in Oldfield, Niagara Falls. The 'Neighbourhood' section below links to the live Niagara Falls real estate hub with average sold price, days on market, and current inventory.

  24. Is Niagara Falls a good place to live?

    Niagara Falls is one of ON's actively-tracked Summitly markets. The full Niagara Falls real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  25. 7900 Ascot Circle
    3 / 2
    1,100
    —
    8462 Regan Drive3 / 21,100—
    7260 Casey Street3 / 21,100—
    7551 Fern Avenue3 / 2700—