5124 MORRISON STREET, Niagara Falls (Cherrywood)

$825,000

For sale: Other

Other at 5124 MORRISON STREET, Niagara Falls (Cherrywood)
Property type
Commercial Retail
MLS®
MLS® X13859490
Neighbourhood
211 - Cherrywood

Income Generating Retail Store Space and Residential Rental Space Upstairs! Very Sought After Area, Don't Miss This Opportunity to Own a Large Lot, with High Traffic, Great Exposure and Take on Immediate Rental Income. Residential Area Upstairs, Storefront on Main Level, New Roof, New Windows, 8 Car Parking Lot.

Sold data

Homes in Niagara Falls (Cherrywood) — recent sold market

Homes in Niagara Falls (Cherrywood) took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 56, across 306 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 59 days.

The median sale price was $598,250.

Homes sold for about 3.2% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 31% of sellers reduced their price before finding a buyer.

Median days to sell
32
Median sale price
$598,250
Sale-to-list ratio
96.8%
Sold above asking
11%

Based on 306 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 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 5124 MORRISON STREET