$399,900

For sale

5037 Jepson Street, Niagara Falls (Cherrywood) - Single Family for Sale

5037 Jepson Street, Niagara Falls (Cherrywood), Ontario, L2E1K4

3 beds1 bath5 parking1,300 ft²50 × 92 ft (4,600 sq ft) lot sizeListed 119 days ago

Overview

This 3-bedroom, 1-bathroom home in Niagara Falls is for sale offering roughly 1,300 sq ft of space. Listed at $399,900, it is attractively priced about 20% below the $499,900 median asking price in Niagara Falls.

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Description

Welcome to 5037 Jepson St in the heart of Niagara Falls. Situated on a oversized corner lot in a quiet, family-friendly neighbourhood, this home will offer you an exceptional lifestyle just minutes from world-famous Niagara Falls, Fallsview Casino, and the GO Train Station.Step inside through the spacious, welcoming foyer into an oversized living room highlighted by a wood-burning fireplace. The formal dining room flows into a sunroom with double sliding patio doors leading to the private backyard. The Kitchen convenient access to the rear deck. The second floor offers three generously sized bedrooms, along with a 4-piece bathroom featuring a restored clawfoot tub.This property sold "as is", "where is"! (id:66096)

Property Details

MLS®: X13541904
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 5
Interior Size: 1,300 ft²
Lot Size: 50 × 92 ft (4,600 sq ft)
Frontage: 50 ft
Storeys: 1
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $2,537/yr

Rooms

Ground level

Kitchen: 3.5 x 3.5 meters
Living room: 4.26 x 3.35 meters
Dining room: 3.81 x 3.65 meters

Main level

Other: 2.59 x 2.28 meters

Second level

Bedroom: 4.26 x 3.65 meters
Bedroom 2: 4.26 x 3.5 meters
Bedroom 3: 3.35 x 2.43 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Central Vacuum, Water Heater
Foundation: Block
Exterior: Brick Facing

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

119d

Niagara Falls (Cherrywood) listings, avg age

77d

Price / ft²

$308

List price

$400K

Haho

This 3-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 Wisdomax Realty LTD · Annie Liu

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L2E)

This home lists at $399,900, about 6.6× the local median household income of $60,800.

Carrying it typically needs a household income of about $78,114 (20% down, 25-yr amortization, stress-tested) — roughly 28% 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)

$399,900· $308/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,995

Min 5%50%

Mortgage payment$2,106/mo

↳ CMHC premium ($15,196 capitalized)

Property tax (est.)$211/mo

Total monthly$2,318

Cash Needed to Close

Down payment (5%)$19,995

Land transfer tax$4,474

Est. closing costs$3,700

Total cash needed$28,169

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