$499,900

For sale

5285 THIRD Avenue, Niagara Falls (Cherrywood) - Single Family for Sale

5285 THIRD Avenue, Niagara Falls (Cherrywood), Ontario, L2E4M6

4 beds2 baths2 parking1,300 ft²40 × 115 ft (4,600 sq ft) lot sizeListed 135 days ago

Overview

This 4-bedroom, 2-bathroom home in Niagara Falls is for sale offering roughly 1,300 sq ft of space. Listed at $499,900, it is attractively priced about 6% below the $533,500 median asking price in Niagara Falls.

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Description

2 1/2 storey period charmer, with 4 bedrooms, high ceilings, original trim and carpet free. All 4 levels are finished , Main floor features large foyer, original hardwood, kitchen, living and dining room with access to deck area and spacious fenced yard. Upper floors bedrooms, and bath, finished 3rd floor - primary as access to deck/balcony- attic finished with 4th bedroom with storage under eaves. The kitchen, furnace, air conditioner, vinyl windows, wiring, and plumbing all updated in past 10years. spacious rear fenced yard. Oversized mechanics dream garage. Large front porch for lazy evenings or morning coffee. Basement finished with office/recroom , laundry, storage and bath.Lots of room to grow (id:66096)

Property Details

MLS®: X13482872
Property Type: Single Family
Zoning: R1
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 1,300 ft²
Lot Size: 40 × 115 ft (4,600 sq ft)
Frontage: 40 ft
Storeys: 2
Basement: Partially finished, Partial
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $2,487/yr

Rooms

Main level

Foyer: 2.9 x 2.7 meters
Kitchen: 3.33 x 3.74 meters
Dining room: 3.9 x 3.6 meters
Living room: 4.07 x 3.07 meters

Second level

Bedroom: 3.63 x 3.1 meters
Bedroom: 3.18 x 3.11 meters
Bedroom: 3.18 x 3.09 meters

Third level

Bedroom

Basement

Office: 6.96 x 7.88 meters

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

Features

Appliances: Water meter
Foundation: Block
Exterior: Steel, Aluminum siding

Services

Water: Municipal water, Unknown
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

135d

Niagara Falls (Cherrywood) listings, avg age

77d

Price / ft²

$385

List price

$500K

Haho

This 4-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 BOLDT REALTY INC., BROKERAGE · Karen Blackley

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L2E)

This home lists at $499,900, about 8.2× the local median household income of $60,800.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 61% 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)

$499,900· $385/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Property tax (est.)$207/mo

Total monthly$2,840

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$6,473

Est. closing costs$4,000

Total cash needed$35,468

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