4865 ARMOURY STREET, Niagara Falls (Cherrywood)
$579,000
For sale: Multiplex
- Property type
- Triplex
- Bedrooms / bathrooms
- 6 bedrooms, 3 bathrooms
- Living area
- 2,500 sqft
- MLS®
- MLS® X13172342
- Neighbourhood
- 211 - Cherrywood
Great Investment Opportunity! Welcome to 4865 Armoury St. This vacant 3 unit home has great earning potential with one 3 bedroom and two spacious 1 bedroom apartments, allowing you to set your own rent! It also has basement finishing potential with a separate basement entrance. Within minutes to The Falls and the tourist area, schools, shops, restaurants and much more! Tons of character with bright new windows (2021) & beautiful floors (2021)New Roof (2019), Basement Waterproofing (2017). Spacious first floor unit with very large concrete porch for tenants. The second floor unit consists of a very spacious 1 BR and includes a large balcony. Walking up to the 3rd unit you will be met with another 1 bedroom loft style apartment. Huge private backyard as well as parking for 3+. With a little bit of work this property could bring great returns!
Sold data
Multiplex homes in Niagara Falls (Cherrywood) — recent sold market
Multiplex homes in Niagara Falls (Cherrywood) took a median of 35 days to sell over the last 730 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 60, across 34 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.
The median sale price was $530,000.
Homes sold for about 7.8% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
- Median days to sell
- 35
- Median sale price
- $530,000
- Sale-to-list ratio
- 92.2%
- Sold above asking
- 12%
Based on 34 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Niagara Falls (Cherrywood)
Niagara Falls (Cherrywood) has 31 Fraser Institute–rated schools (26 elementary and 5 secondary), averaging 7.6/10.
- Rated schools
- 31
- Elementary
- 26
- Secondary
- 5
- Average rating
- 7.6 / 10
Top-rated schools in Niagara Falls (Cherrywood)
- Kate S Durdan — elementary, Niagara FallsFraser rating 10.0/10
- Father Hennepin — elementary, Niagara FallsFraser rating 9.9/10
- St Vincent de Paul — elementary, Niagara FallsFraser rating 9.9/10
- Orchard Park — elementary, Niagara FallsFraser rating 9.8/10
- Simcoe Street — elementary, Niagara FallsFraser rating 9.4/10
- Heximer Avenue — elementary, Niagara FallsFraser rating 9.3/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 4865 ARMOURY STREET
$499,900
Multiplex531,100–1,500 sqft4 MANCHESTER AVENUE, 452 - Haig, St. Catharines
$749,900
Multiplex631,500–2,000 sqft8 CATHARINE STREET, 878 - Sugarloaf, Port Colborne
$550,000
Multiplex531,500–2,000 sqft98 ST ARNAUD STREET, 875 - Killaly East, Port Colborne
$699,900
Multiplex532,000–2,500 sqft9 WATER STREET, 557 - Thorold Downtown, Thorold
$459,900
Multiplex431,500–2,000 sqft4454 HURON STREET, 210 - Downtown, Niagara Falls
$519,000
Multiplex521,500–2,000 sqft20 HENRY STREET, 451 - Downtown, St. Catharines
$599,000
Detached6+131,100–1,500 sqft5113 ST LAWRENCE AVENUE, 210 - Downtown, Niagara Falls
$549,900
Detached631,100–1,500 sqft6 CEDARDALE AVENUE, 455 - Secord Woods, St. Catharines