$599,900
For sale: Detached

Opportunity knocks with this versatile single detached home, thoughtfully converted into three separate dwelling units. Featuring 1-3-bedroom unit 1-2 bedroom unit and one 1-bedroom unit, with separate hydro metres (2), each complete with its own kitchen and bathroom, this property offers exceptional income potential. Whether you choose to live in the spacious main floor unit while supplementing your income or rent out all three units, the possibilities are endless. Shared coin operated laundry facilities in the basement provide convenience for all occupants and additional income. Double garage and private, paved driveway offers ample parking, and the rear yard adds outdoor enjoyment space. Ideally located near shopping, with quick access to the QEW, this property combines convenience with investment potential. Don't miss out on this incredible opportunity!
Sold data
Homes in Cherrywood took a median of 36 days to sell over the last 365 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 51, across 76 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 61 days.
The median sale price was $449,000.
Homes sold for about 3.6% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 33% of sellers reduced their price before finding a buyer.
Based on 76 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Niagara Falls (Cherrywood) has 31 Fraser Institute–rated schools (26 elementary and 5 secondary), averaging 7.6/10.
School ratings from the Fraser Institute's Ontario school report cards.
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$599,000
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