5197 SECOND Ave

Niagara Falls | 211 - Cherrywood | L2E 4J8
  • 4 + 0
  • 4
  • 0

Ask: $899,500 $875,000

Est. Mtg $2,966 /mo
  • Days on market

    64

  • Status

    New

Listing Broker RE/MAX NIAGARA REALTY LTD, BROKERAGE
Since listed: 1 views

Home details

MLS #:

X10414038

Property type:
Detached
Style:
2 1/2 Storey
Taxes:
$4,750
Possession:
Immediate
Lot Front:
47.7   Feet
Lot Depth:
110.0   Feet
Basement:
Sep Entrance | Unfinished
Driveway Pkg:
3
Heat:
Electric | Forced Air

Description


5197 SECOND Ave, , Niagara Falls, Ontario is a Detached property in Niagara Falls and in the 211 - Cherrywood community in the L2E 4J8 postal code


Fall in love with this FULLY RENOVATED, 4-bed, 4-bath home and its endless potential, located within walking distance to Niagara Falls. Offering 2,350 sf of above ground living space, 3 SEPARATE ENTRANCES, this home is ideal for anyone looking to generate additional rental income. Also perfect for a growing family, generational living or an investment opportunity. Aside from the lovely sunroom, cozy living room with plenty of natural light, dining area, and updated kitchen with GRANITE COUNTERTOPS, this home offers a large main floor self-contained IN-LAW SUITE at the rear, complete with a bedroom, living room, kitchen, 3-pc bath and patio door to its own private porch. This is an ideal space for income potential, or an owner occupied bnb. A great opportunity to have some of your mortgage paid while still utilizing the entire original home! On the second storey of the home are 3 generously sized bedrooms, a 4-pc bath and 2 linen closets. Don't miss the door that leads up to the 2nd half storey! This area could be used as a great kid's room, flex space, office or storage. The basement has its own separate entrance. WINDOWS (2023), NEW ELECTRIC & PLUMBING (2023), A/C (2023) & the driveway has been updated with NEW ASHPHALT (since the photos were taken - 2024). With its close proximity to Niagara Falls, Clifton Hill, Casinos, Golf Courses, and The Niagara Wine Country, this home holds tremendous value for income potential given all the tourism close by. The possibilities are endless. A must-see home to appreciate all of its character and opportunity..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2023-01 2024-07 $999,999 $929,800 Ter X8501320
2023-06 2024-07 $999,000 $998,000 Exp X8498231
2024-09 2024-11 $899,500 $875,000 New X10414038

Comparables

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sold Date Address List Price sold Price DOM
2023-11 4879 ARMOURY St, $595,000 $640,000 12
2022-10 5029 FIFTH Ave, $574,900 $548,000 52
2020-06 4725 THIRD Ave, $369,000 $358,000 17

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

Niagara Falls :

Properties sold
Average sale price
New Listings
Year on Year Growth

Municipality activity All Property Types

Sale activity

Niagara Falls :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 5197 SECOND Ave

Based on available 3rd party data

$3497

Approximate costs per month

Mortgage
$2966 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$395 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker RE/MAX NIAGARA REALTY LTD, BROKERAGE
Data Source: TRREB

Payment calculator

$3362 monthly. In association with: TD Bank
%
  • Principal and Interest
    2966 /mo
  • Property Taxes
    $395 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Sandro Rocciolo, Realtor

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