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For Sale · Niagara Falls · Mt. Carmel

$495,000

7583 MONASTERY Drive, Niagara Falls

Tour this home

Bedrooms

2 (1 half)

Bathrooms

1,305

Size

1992

Year built

About This Home

The details.

Set on an incredible oversized lot that truly has to be seen to be appreciated, this well-maintained two-storey home offers outstanding curb appeal, an attached garage, three bedrooms, two bathrooms, and a prime North Niagara Falls location close to schools, parks, shopping, restaurants, and everyday amenities. The full basement already has flooring and drywall and is ready for you to choose pot lights or drop...

Summarizing the highlights...

MLS® 40850750Listing courtesy of RE/MAX Niagara Realty Ltd.View on map Street view

Property Details

Facts & features.

Property type: Single Family
Ownership: Freehold
Year built: 1992
Size: 1,305 sqft
Storeys: 2
Parking: 2 spaces
Listed on: 2026-07-22
Days on market: 8
MLS number: 40850750
Data source: Cornerstone Association of REALTORS®

Market intelligence

Statistics and history.

Days on market

Typical in Niagara Falls: 16 days

Niagara Falls median asking

$630K

71 active listings

Est. rent / month

$2,599

From live asking rents in this market

Est. rental yield

6.30%

Gross, asking price vs asking rents

Price per sqft

$379

Based on 1,305 sqft interior

How fast is this listing moving?

FastSlow

Market demandBalanced

QuietHot

5 new this week of 71 active listings in Niagara Falls, blended with typical days on market.

Where this price sits in Niagara Falls

$315KThis listing$1.4M

Computed live from active MLS listings we track. Sold-price history and multi-year assessment history switch on when sold-data access arrives.

Coming Soon

Listing & sold history.

These sections unlock with our sold-data feed. They are reserved here so you know exactly what is on the way.

Sold history for this homeComing soon

Listing history (every time it hit the market)Coming soon

Days-on-market trend for this areaComing soon

Nearby sold comparisonsComing soon

July Value

What this home is worth.

Calculating a July Value estimate...

Location

Where it sits.

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Run The Numbers

Mortgage and cash flow

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization25 yr

Monthly mortgage payment

$2,315

$396,000 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$2,315

Cash flow

-$2,315

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Niagara Falls right now

Active listings

New this week

$629,900

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Area

What surrounds this property.

People in the immediate area: 448
Density per square km: 2,781
City population: 94,415
Median household income: $74,500

The neighbourhood

Mt. Carmel.

A mixed pocket of Niagara Falls

Most of what sells in Mt. Carmel, Niagara Falls is detached homes, and JULY currently has 9 active listings across the area. Asking prices centre on $725,000. It sits roughly 12% above Niagara Falls overall, so expect to pay a premium for the address. The housing is older, centring on about 1991, which usually means larger lots and mature trees.

JULY currently rates 2 listings here as priced below similar homes in the same area, the best of them by about 42%. The going rate is roughly $395 a square foot.

On foot from the middle of the area: groceries about 12 minutes, park about 8 minutes, school about 16 minutes.

Median asking price: $712,450
Median price: $387/sqft
Active listings: 14

51Doorstep Score

JULY's own measure of how much daily life sits within a short walk of this address.

Groceries 6 min walk
Pharmacy 6 min walk
Park 8 min walk
School 15 min walk
Gym 24 min walk

See 4 deals in Mt. Carmel

The Neighbourhood

Living in Niagara Falls.

Household and demographic stats for Niagara Falls, from the Statistics Canada 2021 Census.

94,415
Population (2021): 44.8
Median age: 37,795
Households: 2.5
Avg household size: 70.4%
Home ownership: $74,500
Median household income

Niagara Falls market trends

The immediate block around this home (right here): about 448 residents in 194 homes, 2,781 people/km² (urban).

Source: Statistics Canada 2021 Census, Niagara Falls, City, Ontario; block-level figures from dissemination area 35260633.

Schools

Nearby schools

K-12 schools closest to this home, with straight-line distances.

9.2of 10
Orchard Park Public School
980 m
public · elementary
Rank 48 of 3,587 in BC (2022/2023) · FSA literacy + numeracy
9.6of 10
St Vincent de Paul Catholic Elementary School
1.1 km
catholic · elementary
Rank 11 of 3,587 in BC (2022/2023) · FSA literacy + numeracy
7.2of 10
Saint Paul Catholic High School
1.2 km
catholic · secondary
Rank 228 of 760 in BC (2022/2023) · graduation + honours rates

Similar homes

Nearby homes like this one.

Rental Market

Rentals nearby

Active rentals close to this home, for rent-versus-buy context and investors sizing up cash flow.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.