5857 MURRAY STREET, Niagara Falls (Dorchester)

$699,900

For sale: Detached

Detached at 5857 MURRAY STREET, Niagara Falls (Dorchester)
Property type
Detached
Bedrooms / bathrooms
5 bedrooms, 2 bathrooms
Living area
2,000 sqft
MLS®
MLS® X13633610
Neighbourhood
216 - Dorchester

SPECTACULAR NIAGARA FALLS LEGAL DUPLEX WITH INCREDIBLE INCOME POTENTIAL! Welcome to this massive, fully upgraded legal duplex located on prestigious Murray Street in one of Niagara Falls' most desirable neighborhoods. Just a 10-minute walk to Niagara Falls, this exceptional property offers outstanding income potential for investors, Airbnb operators, or owner-occupiers. This property features a legal Accessory Dwelling Unit (ADU) and a City-approved Airbnb Business License, making it a rare turnkey investment opportunity. Unit 1 - Two-Storey Main Residence The spacious two-storey unit features: Main Floor: Elegant, oversized living room with a cozy fireplace; Separate formal dining room; Spacious kitchen; Convenient laundry room Second Floor: Three generous bedrooms; Beautifully updated full bathroom Recent Upgrades: New flooring (2024); Fresh paint (2026); Stainless steel appliances with gas stove; New laundry room (2026)Unit 2Legal Basement ADU (Built 2026)Separate Entrance newly constructed, fully legal basement suite featuring: 2 spacious bedrooms; Bright living room; Full bathroom; Modern kitchen with new appliances; New flooring and fresh paint; laundry facilities Outdoor Features Situated on an approximately 9,793 sq. ft. lot, the property offers an expansive backyard perfect for entertaining, relaxing, or future development. Enjoy two separate gazebos, creating ideal outdoor spaces for family gatherings or guests. The generous lot size may also offer the potential to construct a second Accessory Dwelling Unit (ADU),subject to City approvals and permits, providing an exciting opportunity to further increase rental income and maximize the property's investment potential. Major Capital Improvements* Complete electrical rewiring (2026)* New 200-amp electrical service* ESA Certificate (2026)

Sold data

Detached homes in Niagara Falls (Dorchester) — recent sold market

Detached homes in Niagara Falls (Dorchester) took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 52, across 242 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 49 days.

The median sale price was $624,900.

Homes sold for about 3.2% 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
30
Median sale price
$624,900
Sale-to-list ratio
96.8%
Sold above asking
13%

Based on 242 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Niagara Falls (Dorchester)

Niagara Falls (Dorchester) 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 (Dorchester)

  • Kate S Durdanelementary, Niagara FallsFraser rating 10.0/10
  • Father Hennepinelementary, Niagara FallsFraser rating 9.9/10
  • St Vincent de Paulelementary, Niagara FallsFraser rating 9.9/10
  • Orchard Parkelementary, Niagara FallsFraser rating 9.8/10
  • Simcoe Streetelementary, Niagara FallsFraser rating 9.4/10
  • Heximer Avenueelementary, Niagara FallsFraser rating 9.3/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 5857 MURRAY STREET