$399,900
For sale: Detached

Looking for your next renovation project? This is an exceptional opportunity in a prime Niagara Falls location, just steps from Clifton Hill and the Falls.The spacious home features an open-concept main floor, three bedrooms, each with its own ensuite, plus a loft and an additional bathroom. The underpinned basement has a separate entrance and offers potential for an additional unit.Set on a 160-foot-deep lot, the property also includes an inground pool and a separate dwelling with a garage and additional living accommodations. With potential for three individual rental units, subject to approvals, this property offers an exciting opportunity for renovators, contractors and investors in one of Niagara's most recognizable locations. VTB available.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 61 days.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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