Home with brick exterior material, street for 7623 Rainbow Cres, Niagara Falls Ontario L2G 7K5
Re-listed 25 days ago

7623 Rainbow Cres, Niagara Falls, Ontario L2G 7K5

Detached
3
2
~1100-1500 sqft
$•••,•••
$649,000
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Detached
3
2
~1100-1500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$511/sqft

Est. Mortgage$2,787/mo

Tax Amount (2024)$3,994/yr

Days On Market25 days

Total Days On Market33 days


Description

Welcome to 7623 Rainbow Crescent, Niagara! Nestled on a large pie-shaped lot backing directly onto a peaceful park, this raised bungalow offers over 2,000 sq ft of finished living space and incredible potential for the right buyer. With a functional layout featuring 3+1 bedrooms and 2 full baths, there's room for a growing family or in-law setup. The finished lower level includes a separate walk-up entrance, adding flexibility and value. A spacious eat-in kitchen and oversized living room provide a great canvas for entertaining. Located in a welcoming, family-friendly neighborhood, this home is full of opportunity for those willing to add a little TLC. A true diamond in the rough! Property being sold under Power of Sale.


Property Details

StyleBungalow-Raised
ViewPark/Greenbelt
Age of property31-50
SqFt~1100-1500 SqFt
Lot Size6,400 SqFt(160 x 40)
Parking Spaces3
MLS ®NumberX12138769
Community NameDrummond / Victoria
Data SourceTRREB
Listing byRE/MAX ESCARPMENT REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Finished, Walk-Up

Lower Floor

Rec

8.94 x 5.69

Laundry

3.43 x 3.02

Bathroom

0.0 x 0.0

3 Pc Bath

2nd Br

3.33 x 3.94


Features

Lot size: 6,400 SqFt

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 2

Total parking spaces 3


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
25 days on market
history photo preview28
Listing by trreb®
Property listed by RE/MAX ESCARPMENT REALTY INC., Brokerage
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Market Data - Drummond / Victoria

Geo Zone Map ThumbnailDrummond / Victoria

Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

36 days

Compared to

2024

34 days

2023

30 days

2022

16 days

New Listings

Past 30 days

57 listings

Compared to

2024

83 listings

2023

53 listings

2022

64 listings

Units sold

Past 30 days

20 units

Compared to

2024

34 units

2023

30 units

2022

30 units

Median Sold Price

Past 30 days

$545,000

Compared to

2024

$564,889

2023

$629,850

2022

$630,500


Population and Demographics

Overview

Total population 19892
Average household income $83,057

Age (%)

65 and plus
22%
50 to 64
21%
20 to 34
21%
0 to 19
18%
35 to 49
18%

Household composition (%)

Single family
55%
Single person
37%
Multi person
7%
Multi family
1%

Mother tongue (%)

English
81%
Others
4%
Italian
3%
Tagalog (Pilipino, Filipino)
3%
French
2%
Punjabi (Panjabi)
2%
Spanish
2%

House tenancy (%)

Owners
56%
Renters
44%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget