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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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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 81 daysPrice drop · $24,501 off (-3.9%)

    Unit 23 — 7470 MONASTERY Drive

    Mt. Carmel·Niagara Falls, ON·L2H 3B3·Near MONTROSE AND MONASTERY

    • 2 beds
    Niagara Falls real estate›X12343334
    • 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

    Beautifully Updated Bungalow End Unit Townhome in Prestigious Mount Carmel Estates! This fully renovated bungalow offers the easy of maintenance-free living complete with an attached garage and private parking for up to 4 vehicles. Located in the highly sought-after Mount Carmel neighborhood in Northend Niagara Falls, this home is move-in ready and ideal for families, downsizers, or those seeking multi-generational living. The main level boasts stunning quality laminate flooring throughout, California Shutters and a beautifully renovated kitchen with granite counters, island, upgraded cabinetry, and a stylish tiled backsplash that is open-concept to dining room and living room w/convenient walk-out to huge private backyard (w/no side neighbors) that is rare to find in townhome living. The spacious bathroom features double sinks with marble counters, a skylight, and ensuite privilege to the primary bedroom, which offers double closets. The second bedroom also boasts double closets. The fully finished basement presents excellent in-law potential with a second kitchen, large open-concept living/dining/kitchen area, a third bedroom, a three-piece bathroom, and a massive utility/laundry room. With its prime location, stunning upgrades, and useful living spaces, this home offers exceptional value in one of Niagara Falls most desirable communities. Check out attached video tour!

    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 18, 2026Price reducedCurrentReduced$599,999−$24,501 (3.9%)X12343334This page
    May 21, 2026SoldSold$502,000−$27,800 (5.2%)X12982006View
    Apr 9, 2026Previously listedSld$529,800 —X12982006View
    Feb 13, 2026Previously listedTer$549,800 —X12786742View
    Nov 4, 2025Previously listedTer$549,999 —X12513608View
    Aug 13, 2025ListedCurrentFor sale$624,500 —X12343334This 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

      3
      Heating
      Forced Air
      Air conditioning
      Central Air
      Fireplaces
      1
    Location & lifestyle

    Getting around, schools & the block

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

    📍 Unit 23 — 7470 MONASTERY Drive
    What's nearby

    Points of interest classified by the MLS® feed.

    • Cul de Sac/Dead End
    • Place Of Worship
    • School Bus Route
    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
    $2,948
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $281
    0.56% 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
      $588,016
      Last 30 days
    • Median sold price
      $545,000
      Middle of the market
    • Days on market
      44 d
      Avg from list to close
    • Closed last 30d
      286
      MLS® transactions
    Full Niagara Falls market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Unit 23 — 7470 MONASTERY Drive — 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 Unit 23 — 7470 MONASTERY Drive 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 Unit 23 — 7470 MONASTERY Drive listed for?

      Unit 23 — 7470 MONASTERY Drive is listed at $599,999 on the MLS® (listing X12343334). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Unit 23 — 7470 MONASTERY Drive 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. 900-999 sqft
  3. Condo Townhouse
  4. Built 16-30
  5. Asking
    $599,999
    $1 / sqft · MLS® X12343334
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $429,252
    $394,912Confidence range$463,592
    Asking vs estimate
    ↑↑well-above
    +$170,747
    (+39.8%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 2 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Niagara Falls sell in about 44 days — this one has been listed 81 days.

    Avg sold price
    $588,016
    Median sold
    $545,000
    Avg days on market
    44
    Recently sold
    286
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    • Beautifully Updated Bungalow End Unit Townhome in Prestigious Mount Carmel Estates!
    • This fully renovated bungalow offers the easy of maintenance-free living complete with an attached garage and private parking for up to 4 vehicles.
    • The spacious bathroom features double sinks with marble counters, a skylight, and ensuite privilege to the primary bedroom, which offers double closets.
    • The fully finished basement presents excellent in-law potential with a second kitchen, large open-concept living/dining/kitchen area, a third bedroom, a three-piece bathroom, and a massive utility/laundry room.
    Ask Zara a follow-up

    Parking & garage

    3
    Garage
    Attached
    Garage spaces
    1
    Parking spaces
    3
  7. Interior

    6
    Basement
    Finished, Full
    Family room
    Y
    Kitchens
    1
    Total rooms
    6
    Laundry level
    Lower Level
    Elevator
    N
  8. Exterior & construction

    5
    Exterior
    Brick
    Roof
    Asphalt Shingle
    Foundation
    Poured Concrete
    Patio
    None
    Balcony
    None
  9. Lot & land

    3
    Year built
    16-30
    Lot dimensions
    x
    Zoning
    R5
  10. Listing & possession

    3
    Occupancy
    PROBATE REQUIRED
    Property style
    Bungalow
    Property class
    Condo Townhouse
  11. Room-by-room · 11 rooms

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

    Room dimensions

    Main level

    6 rooms
    • Dining Room
      laminate · open concept · walk-out
      9.5 × 9.4 ft
    • Kitchen
      granite counters · centre island · open concept
      11.4 × 9.6 ft
    • Bathroom
      marble counter · double sink · 4 pc bath
      7.5 × 3.6 ft
    • Bedroom
      laminate · double closet
      14.8 × 8.4 ft
    • Primary Bedroom
      laminate · double closet · semi ensuite
      14.6 × 11.9 ft
    • Living Room
      laminate · electric fireplace
      18.7 × 14.2 ft

    Lower level

    5 rooms
    • Bedroom
      10.0 × 10.0 ft
    • Kitchen
      10.0 × 6.0 ft
    • Recreation
      12.0 × 9.5 ft
    • Bathroom
      3 Pc Bath
      11.4 × 6.1 ft
    • Utility Room
      12.3 × 19.5 ft

    Condo corporation & monthly fees

    Maintenance fee, what's included, locker, exposure, amenities, and condo corp details.

    Monthly maintenance
    Condo corp fees
    $430
    per month
    Maintenance fee includes
    • Water
    • Parking
    Building details
    • UnitCall LBO
    • Storeys (building)Call LBO
    • ExposureEast
    • LockerNone
    • Parking typePrivate, Other
    • Pet policyYes-with Restrictions
    • Ensuite laundryY
    • Condo corpNSCCP
    • Corp #39
    • Property managerCANNON GRECO
    Building amenities
    • BBQs Allowed
    • Visitor Parking
    Combined estimate
    $3,229
    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
    $2,948
    /mo
    based on the purchase price of $599,999
    $120,000 cash
    $479,999 financed
    $404,285 total interest
    Monthly payment$2,948/ month
    Principal54%$479,999
    Interest46%$404,285

    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 and condo fees.

    Comparable condo townhouses that just sold in Niagara Falls

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

    • 7768 Ascot Circle
      Sold
      Sign in for price
      7768 Ascot Circle
      Condo Townhouse
    • 3241 Montrose Road
      Sold
      Sign in for price
      3241 Montrose Road
      Condo Townhouse
    • 2684 Mewburn Road
      Sold
      Sign in for price
      2684 Mewburn Road
      Condo Townhouse
    • 6065 McLeod Road
      Sold
      Sign in for price
      6065 McLeod Road
      Condo Townhouse
    • 7470 Monastery Drive
      Sold
      Sign in for price
      7470 Monastery Drive
      Condo Townhouse
    • 8142 Costabile Drive
      Sold
      Sign in for price
      8142 Costabile Drive
      Condo Townhouse
    AddressBd / BaSqftSold$/sqft% of askSold
    Unit 23 — 7470 MONASTERY DriveThis home2 / 2900,999$599,999ask$1——
    7768 Ascot Circle2 / 31,200—
    3241 Montrose Road2 / 31,200—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More condo townhouses in Niagara Falls

    Active listings within ±20% of this asking price.

    • 9440 Eagle Ridge Drive
      $608,000
      9440 Eagle Ridge Drive
      Condo Townhouse 2 3
    • 9440 EAGLE RIDGE Drive
      $649,900
      9440 EAGLE RIDGE Drive
      Condo Townhouse 2 3
    • 7277 Wilson Crescent
      $495,000
      7277 Wilson Crescent
      Condo Townhouse 2 3
    • 6118 Kelsey Crescent
      $575,000
      6118 Kelsey Crescent
      Condo Townhouse 3 3
    • 4311 Mann Street
      $648,930
      4311 Mann Street
      Condo Townhouse 3 3
    • 4311 Mann Street
      $648,930
      4311 Mann Street
      Condo Townhouse 3 3
    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.

  12. One team, no handoffs

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

  13. Showings on YOUR schedule

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

  14. Mortgage that closes

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

  15. Public listing courtesy of ROYAL LEPAGE NRC REALTY · displayed on Summitly per MLS® data-share rules

    Unit 23 — 7470 MONASTERY Drive is a 2-bedroom, 2-bath, 900-999 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  16. When was Unit 23 — 7470 MONASTERY Drive built?

    Unit 23 — 7470 MONASTERY Drive was built in 16-30. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  17. What is the property tax for Unit 23 — 7470 MONASTERY Drive?

    The 'Property tax' tab in the History section shows the most recent annual tax for Unit 23 — 7470 MONASTERY Drive plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  18. How much would the monthly mortgage be on Unit 23 — 7470 MONASTERY Drive?

    The affordability calculator on this page shows an estimated monthly mortgage for $599,999 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  19. Has Unit 23 — 7470 MONASTERY Drive been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Unit 23 — 7470 MONASTERY Drive with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  20. What neighbourhood is Unit 23 — 7470 MONASTERY Drive in?

    Unit 23 — 7470 MONASTERY Drive is in Mt. Carmel, 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.

  21. 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.

  22. 2684 Mewburn Road
    2 / 3
    1,200
    —
    6065 McLeod Road2 / 2700—
    7470 Monastery Drive2 / 21,000—
    8142 Costabile Drive2 / 31,600—