5174 JEPSON STREET, Niagara Falls (Cherrywood)

$699,344

For sale: Multiplex

Multiplex at 5174 JEPSON STREET, Niagara Falls (Cherrywood)
Property type
Duplex
Bedrooms / bathrooms
4 bedrooms, 2 bathrooms
Living area
2,000 sqft
MLS®
MLS® X13747810
Neighbourhood
211 - Cherrywood

STUNNING, VACANT & FULLY TURNKEY LEGAL DUPLEX (2026)!Whether you are a savvy investor looking for immediate market rents or a homebuyer looking to live mortgage-free, this professionally converted, permit-approved property is a rare find. Masterfully redesigned from top to bottom, this home offers two completely self-contained, ultra-stylish units spanning the main level, second level, and a finished attic. Each bright, sunlit unit boasts a private entrance, an executive high-gloss kitchen with a massive island, quartz countertops, a designer backsplash, a 900-CFM touchless range hood, and luxury 7mm vinyl flooring. High-end details shine throughout, from the modern feature TV panels to the sun-drenched skylight and luxury full bathrooms. Designed for effortless land lording, the property features separate laundry spaces and independent water controls.No expense was spared on safety and infrastructure. Enjoy total peace of mind with fire-rated ceilings, premium soundproofing between units, an advanced fire-alarm system, illuminated exit signs, new roofing, and a brand-new 200-amp electrical panel with a full ESA certificate. Plumbing, drainage, and HVAC vents have all been fully upgraded. Outside, relax on the brand-new front and rear decks or the second-floor balcony. The massive lot features a deep backyard with a productive apple tree, an EV-charger receptacle, a detached garage, and parking for up to 6 vehicles! UNBEATABLE LOCATION: Walk to the University of Niagara Falls, local schools, shopping, and a nearby park with a public pool. Commuters will love being just 2 minutes from highway access, while tourists and tenants are only a 15-minute stroll from world-famous Niagara Falls attractions. Vacant and ready for immediate possession-set your own rents or move right in!

Sold data

Homes in Cherrywood — recent sold market

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.

Median days to sell
36
Median sale price
$449,000
Sale-to-list ratio
96.4%
Sold above asking
13%

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

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 5174 JEPSON STREET