5166 MORRISON STREET, Niagara Falls (Cherrywood)
$669,900
For sale: Multiplex
- Property type
- Duplex
- Bedrooms / bathrooms
- 7 bedrooms, 3 bathrooms
- Living area
- 2,000 sqft
- MLS®
- MLS® X13604728
- Neighbourhood
- 211 - Cherrywood
Great Investment property is waiting for you, Live your own or rent it. Legal Duplex five bedrooms home with additional two-Bedrooms Basement, located in a prime central Niagara Falls location close to shopping, schools, parks, tourist attractions, and all amenities. Featuring three bedrooms on the main floor, a spacious living room, and a large size family room. The upper level has 2 bedrooms, one of the bedrooms, which is a full height of attic space, you will love it. The finished basement includes a family room, kitchen, bathroom, and laundry room with two Bed rooms offering excellent in-law suite or income potential. This property could truly shine perfect for investors, renovators, or buyers looking to customize their dream home. Gross Rental Income is $4120/month, Tenants Would Like To Stay.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.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 5166 MORRISON STREET
$679,900
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Detached4+131,500–2,000 sqft7718 BUCKEYE CRESCENT, 222 - Brown, Niagara Falls
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Townhouse331,500–2,000 sqft79Q - 72 BUR OAK COMMON, Cambridge
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Detached3+131,100–1,500 sqft34 BOUNTY AVENUE, 560 - Rolling Meadows, Thorold
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Detached5+132,000–2,500 sqft36 HICKORY COURT, 767 - N. Welland, Welland