$609,000
Est. payment $2,697/moCalculate yours
7405 Matteo Drive, Niagara Falls, ON L2H 2Y6
222 - Brown, Niagara Falls, ON L2H 2Y6
- 3 + 1 Beds
- 4 Baths
- 2 Garage
- 1,500 Sq Ft
Listing courtesy of BAY STREET GROUP INC. MLS® X13833464
About this home
Already Leased at $2,700/Month! Welcome to 7405 Matteo Drive, a modern freehold townhome built in 2022, offering an excellent investment opportunity with rental income. The tenancy commences November 1, 2026, making this an attractive option for investors looking to expand their rental portfolio. This thoughtfully designed home features 3 spacious bedrooms, 4 bathrooms, a versatile second-floor den, and a double-car garage with a driveway accommodating up to 6 vehicles. The bright main floor boasts 9-ft ceilings, pot lights, an upgraded modern kitchen, and an open-concept living and dining area with a walk-out to the backyard. Upstairs, all three generously sized bedrooms feature their own private ensuite bathrooms, offering privacy and convenience for tenants. The spacious second-floor den with a window provides additional functional space, ideal for a home office or study area. Built in 2022, this modern freehold townhome combines contemporary finishes, a practical layout, ample parking, and desirable features that appeal to tenants. An excellent opportunity for investors seeking a newer rental property with an established tenancy.**Offered at $609,000.** A great addition to your investment portfolio!
Property details
Overview
- Property Type
- Att/Row/Townhouse
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 1,500 sqft
Interior
- Bedrooms
- 3 + 1
- Bathrooms
- 4
- Kitchens
- 1
- Basement
- Full, Unfinished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 23.05 x 105.24 Feet
- Parking
- Attached garage · 6 total
Financial
- Property Taxes
- $5,404 (2026)
Location
- Neighbourhood
- 222 - Brown
- Cross Street
- Garner Rd
- Direction Faces
- West
Listing
- MLS® Number
- X13833464
- Days on Market
- 20
- Listed On
- 2026-09-28
- Listed By
- BAY STREET GROUP INC.
Features
Interior
- Auto Garage Door Remote
- Sump Pump
Pool
- None
- Included
- All Appliances, Elf's, Window Covers
- Rental items
- Water Heater
Mortgage calculator
Estimated mortgage payment
$2,697 per month
- Principal and interest
- $2,697
- Property tax
- $450
- Condo fees
- $0
- Estimated monthly cost
- $3,147
Your mortgage
- Mortgage amount
- $487,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $321,756
Cash to close
- Down payment
- $121,800
- Land transfer tax
- $8,655
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $130,455
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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