5197 Second Avenue For Sale

Niagara Falls, Cherrywood, L2E 4J8

$875,000

Description

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE.

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.

Other,Fridge (2), Stove (2), Dishwasher, Range Hood (2), Washer, Dryer, Elfs,

Location

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  • Address: 5197 Second Avenue
  • Neighborhood: Cherrywood
  • City: Niagara Falls
  • State: ON
  • Postal Code: L2E 4J8

Property Details

  • Property ID: 40649795
  • Property Price: $875,000
  • Style: Single Family Residence, 2.5 Storey
  • Sq/Ft: 2350
  • Rooms: 14+0
  • Bedrooms: 4+0
  • Bath: 4
  • Garages Spaces: 1
  • Parking Spaces: 4
  • Year Built: 1955
  • A/C: Central Air
  • Basement: Separate Entrance, Partial, Unfinished, Sump Pump
  • Exterior: Vinyl Siding
  • Heating: Electric, Forced Air
  • Taxes: $4,750.00 (2024)
  • Exposure: South

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Room details and dimensions

Statistics for similar Single Family Residence homes in Cherrywood

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Single Family Residence homes in Cherrywood

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Single Family Residence homes in Cherrywood

Property History

This property has been sold 3 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100

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