$474,900

For sale

4824 Fourth Avenue, Niagara Falls (Cherrywood) - Single Family for Sale

4824 Fourth Avenue, Niagara Falls (Cherrywood), Ontario, L2E4P1

7 beds3 baths2 parking35 × 150 ft (5,250 sq ft) lot sizeListed 123 days ago

Overview

This 7-bedroom, 3-bathroom home in Niagara Falls is for sale. Listed at $474,900, it is attractively priced about 11% below the $533,500 median asking price in Niagara Falls.

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Description

Excellent Income Potential in Niagara Falls! Discover this expansive two-story residence situated on a quiet street in the heart of Niagara Falls. Boasting a versatile 5+2 bedroom and 3-bathroom layout, this home is perfect for large families or savvy investors. The main floor features a spacious kitchen, a formal dining room, and a bedroom, while the upper level offers four generously sized bedrooms and a 4-piece bath. The finished basement adds significant value with two additional bedrooms and a secondary living area. Step outside to a large backyard-an ideal setting for summer gatherings and outdoor activities. Located just a short distance from Maple Street Park, the world-famous Falls, and the vibrant tourist district, this home offers the perfect blend of space, comfort, and prime location (id:66096)

Property Details

MLS®: X13527904
Property Type: Single Family
Zoning: R2
Bedrooms: 7
Beds (above / below): 5 above · 2 below
Bathrooms: 3
Parking: 2
Lot Size: 35 × 150 ft (5,250 sq ft)
Frontage: 35 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $2,086/yr
Listed: 123 days ago

Rooms

Main level

Foyer: 2.25 x 3.44 meters
Living room: 4.19 x 3.44 meters
Dining room: 3.18 x 3.26 meters
Kitchen: 3.25 x 3.28 meters
Bedroom: 3.18 x 3.31 meters
Bathroom: 1.25 x 2.67 meters

Second level

Bathroom: 2.1 x 1.83 meters
Primary Bedroom: 3.24 x 5.68 meters
Bedroom 3: 3.17 x 5.34 meters
Bedroom 4: 3.16 x 3.42 meters

Features

Appliances: Water Heater
Foundation: Poured Concrete
Exterior: Brick
Lot Features: In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

123d

Niagara Falls (Cherrywood) listings, avg age

77d

List price

$475K

Haho

This 7-bed single family in Niagara Falls (Cherrywood) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by CMI REAL ESTATE INC. · BRYAN JUSTIN JASKOLKA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L2E)

This home lists at $474,900, about 7.8× the local median household income of $60,800.

Carrying it typically needs a household income of about $92,765 (20% down, 25-yr amortization, stress-tested) — roughly 53% above the area median.

Median household income: $60,800
Population: 18,587
Median age: 46.4
Owner / renter: 61% / 39%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA L2E)

$474,900

For sale

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Full Cost Breakdown

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Down Payment5% · $23,745

Min 5%50%

Mortgage payment$2,501/mo

↳ CMHC premium ($18,046 capitalized)

Property tax (est.)$174/mo

Total monthly$2,675

Cash Needed to Close

Down payment (5%)$23,745

Land transfer tax$5,973

Est. closing costs$3,925

Total cash needed$33,643

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