5110 STANLEY AVENUE, Niagara Falls (Cherrywood)

$599,900

For sale: Detached

Detached at 5110 STANLEY AVENUE, Niagara Falls (Cherrywood)
Property type
Detached
Bedrooms / bathrooms
6 bedrooms, 3 bathrooms
Living area
2,000 sqft
MLS®
MLS® X13033932
Neighbourhood
211 - Cherrywood

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

Detached homes in Niagara Falls (Cherrywood) — recent sold market

Detached homes in Niagara Falls (Cherrywood) took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 52, across 242 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.

The median sale price was $624,900.

Homes sold for about 3.2% 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.

Median days to sell
30
Median sale price
$624,900
Sale-to-list ratio
96.8%
Sold above asking
13%

Based on 242 recorded sales in the last 90 days. 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 Durdanelementary, Niagara FallsFraser rating 10.0/10
  • Father Hennepinelementary, Niagara FallsFraser rating 9.9/10
  • St Vincent de Paulelementary, Niagara FallsFraser rating 9.9/10
  • Orchard Parkelementary, Niagara FallsFraser rating 9.8/10
  • Simcoe Streetelementary, Niagara FallsFraser rating 9.4/10
  • Heximer Avenueelementary, Niagara FallsFraser rating 9.3/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 5110 STANLEY AVENUE