$550,000
For sale: Detached

Welcome to 5524 Fraser St, a beautifully upgraded raised bungalow on a quiet cul de sac in Niagara Falls, with no front or rear neighbours for exceptional privacy. Minutes from the Falls, parks, trails, schools, shopping, dining and major highways, it offers the perfect balance of convenience and calm. With over $30,000 in recent upgrades, the bright main level features 9 foot ceilings, an open layout, and a kitchen with stainless steel appliances, generous cabinetry and a moveable island. It flows into the living and dining areas, finished with elegant French doors. The private backyard is made for relaxing and entertaining: a 14' x 16' deck (2023), retractable roof gazebo (2022), glass panel railings, privacy fencing and an upgraded shed (2023), surrounded by mature greenery, blueberries and raspberries. The fully finished lower level also has 9 foot ceilings and large above grade windows. It includes a spacious family room, a guest bedroom, a modern 3 piece bath with an oversized glass shower, under stair storage and a laundry/utility room. Key updates: furnace and A/C (2021), sump pump with battery backup and backwater valve (2021), new basement and bathroom flooring (2022). Also features an instant water heater (rental), a 2 car driveway and low property taxes. Move in ready and meticulously maintained.
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 72 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 61 days.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 $449,450.
Homes sold for about 3.6% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 33% of sellers reduced their price before finding a buyer.
Based on 72 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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