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240 VELVET Way

240 VELVET Way

Niagara Falls, Ontario

3 bed • 3 bath • Single Family

$698,000

Discover the epitome of modern living in this sophisticated, nearly new corner detached home in Thorold. Showcasing contemporary architecture and meticulous attention to detail, this residence offers an inviting atmosphere throughout its spacious three bedrooms and two and a half bathrooms, ensuring both comfort and privacy for all. The thoughtfully designed layout creates a serene environment, enhanced by refined touches like iron picket railings and elegant hardwood flooring. Step into the bright and welcoming main level, where pot lights illuminate the kitchen, living area, and foyer, infusing each space with warmth. The home features rarely used, sleek stainless steel appliances and a convenient second-floor washer and dryer, blending functionality with style. Other standout features include a one-car garage, a private parking driveway, a generous unfinished basement—perfect for recreation, storage or future customization. Residents will appreciate seamless commuting with quick access to major highways, as well as the close proximity to upscale shopping centres, fine dining, schools, and recreational amenities. Outdoor enthusiasts will find nearby parks and hiking trails, while entertainment venues, Niagara College, Brock University, and several schools are just moments away. This exceptional Thorold home delivers a harmonious blend of contemporary design and peaceful privacy, making it an ideal sanctuary for modern living.

Price History

Schools

Elementary

  • Ontario Public School0.9 km

    Public · DSB Niagara · 505 students

    Grade 3 reading: 91% met the provincial standard · Grade 6 math: 78% met the provincial standard

  • Richmond Street Public School3.9 km

    Public · DSB Niagara · 560 students

    Grade 3 reading: 96% met the provincial standard · Grade 6 math: 81% met the provincial standard

  • Prince of Wales Public School4.1 km

    Public · DSB Niagara · 290 students

    Grade 3 reading: 82% met the provincial standard · Grade 6 math: 53% met the provincial standard

Secondary

  • Saint Michael Catholic High School4.3 km

    Catholic · Niagara CDSB · 1190 students

    Grade 10 literacy: 88% met the provincial standard

  • Pope Francis Catholic Secondary School4.6 km

    Catholic · Niagara CDSB · 190 students

  • Niagara Catholic Online Secondary School4.7 km

    Catholic · Niagara CDSB

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area L2V

Population
19,795
Private dwellings
8,400
Median age
37.6
Average household size
2.5
Median household income
$80,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Single Family in Niagara Falls · last 12 months

Median sold price
$560,772
Homes sold
1,074
Median days on market
31
Sale-to-list price
96.1%

Based on 1,074 recorded sales of single family properties in Niagara Falls over the last 12 months.

Location

Mortgage Calculator

$139,600

Estimated Monthly Payment

$3,429

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $3,429/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $175/mo

Estimates only. Consult a financial advisor.

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