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For SaleDetached · 2-StoreyMLS® #X14158346 · TRREB MLS®

4827 THIRD Ave, Niagara Falls, Ontario

Cherrywood, Niagara Falls, Ontario L2E 4L9

Bedrooms
4+1
Lot Size
35 x 150 ft
Bathrooms
4
Type
Detached
Basement
Separate Entrance

$599,000

Estimated market value

About 4827 THIRD Ave

4827 THIRD Ave is a 4+1-bedroom, 4-bathroom detached house in Cherrywood, Niagara Falls, listed for sale at an asking price of $599,000 (MLS® X14158346).

Looking for an exceptional real estate investment opportunity in Niagara Falls? Welcome to 4827 Third Avenue - a versatile, extensively renovated property offering outstanding potential for homeowners and investors alike! This impressive property features three separate residential units, making it an attractive opportunity for those looking to explore multi-unit investment possibilities. Step inside and discover extensively renovated interiors featuring three kitchens, updated bathrooms, elegant quartz countertops, modern flooring, updated windows, and plumbing improvements. The property also offers a separate basement entrance, providing additional flexibility for its multi-unit layout. Outside, enjoy the benefits of a deep 150-foot lot, a detached garage, and ample driveway parking with reported space for approximately five to six vehicles. Conveniently situated in Niagara Falls, this property provides access to local amenities, shopping, Grocery Store, downtown destinations, and area attractions walking distance to Falls, Casino, Niagara Falls University, Niagara Library, Go-Train/Via Rail and Bus Terminal. Whether you're an investor looking to expand your portfolio or a buyer exploring a versatile multi-unit property, 4827 Third Avenue deserves your attention!

Insights

  • Condition Score

    Good
    78out of 100

    2 documented update signals

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Covers costs
    65out of 100

    +$161/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 5 homes with 5 bedrooms for lease in Niagara Falls right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

Key facts

Tax
$3,673 / 2026
MLS® number
X14158346
Board
TRREB MLS®
Property Type
Detached
Building Age
51-99
Days on market
Size
1100-1500 sqft
Lot Size
35 x 150 ft
Listed on
Parking
1 Detached, 6 Parking
Listing brokerage: QUANTUM TEAM REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Listing history

Buy/sell history for 4827 THIRD Ave, Niagara Falls, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$599,000N/AFor SaleX14158346

Members see the full history. Prices are hidden from signed-out visitors.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Michelle Lacroix for a full comparative market analysis.

Property details

Property

Property Type
Detached
Style
2-Storey
Community
Cherrywood
Municipality
Niagara Falls

Building

Size
1100-1500 sqft
Building Age
51-99
Construction
Alum Siding

Inside

Bedrooms
4+1
Bathrooms
4
Bathroom Details
1 × 3pc Main, 1 × 3pc 2nd, 1 × 3pc 2nd, 1 × 3pc Bsmt
Basement Type
Separate Entrance
Kitchens
2

Parking

Driveway
Other
Garage Type
Detached
Garage
1
Additional Parking
5
Total Parking
6

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
35 ft
Depth
150 ft
Lot Size
35 x 150 ft

Additional

Foundation
Concrete
Roof
Asphalt Shingle
Fireplace
No
Pool
None
Den
No
Family room
No
Extras
3 Stove, 3 Fridge, 3 Range Hood, 2 Washer & Dryer Combo, 1 Washer, 1 Dehumidifier

Rooms

RoomSizeFeaturesLevel
Kitchen2.03 × 3.25 m—Main
Dining2.53 × 3.58 m—Main
Br3.44 × 4.81 m—Main
2nd Br2.62 × 3.46 m—Main
Br3.46 × 4.49 m—2nd
2nd Br3.13 × 3.25 m—2nd
Kitchen2.65 × 3.2 m—2nd
Br2.99 × 2.59 m—Lower
Kitchen3.04 × 4.57 m—Bsmt

Map and tour

Detached homes for sale in Cherrywood right now

For sale now
32
Median asking price
$464K

Middle half: $400K to $578K

New in 7 days
6

10 in 28 days

Price cuts
44%

14 listings

This home is asking 29% above the median, higher than three quarters of them.

See all homes in Cherrywood

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Land transfer tax on this home

Ontario land transfer tax
$8,455
Total land transfer tax
$8,455
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$4,455
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $599,000
$3,980
Ontario total
$8,455

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

12 records · 5 on fileRead 2026-11-07
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest rail line: 800 mA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Niagara Peninsula Energy Inc.Wired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation2

  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m3 test or monitoring holes also recorded.250 m

Province of Ontario open data

Planning and building activity1

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address

Province of Ontario open data

Around the home2

  • Nearest rail line: 800 m800 m
  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Post Foods Canada — Post Foods Niagara Falls, 1.1 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Niagara Peninsula Energy Inc.At the address
  • Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, Last Mile Wireless Internet, NWIC, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Niagara Peninsula Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
St Patrick Catholic Elementary SchoolNiagara CDSBCatholic · grades JK–8400 m97%Grade 3 average
Valley Way Public SchoolDSB NiagaraPublic · grades JK–8450 m63%Grade 6 average
Simcoe Street Public SchoolDSB NiagaraPublic · grades JK–8500 m80%Grade 6 average
ÉÉC Saint-AntoineConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–81.4 km53%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Stamford CollegiateDSB NiagaraPublic · grades 9–122.3 km62%Grade 9 math
A N Myer Secondary SchoolDSB NiagaraPublic · grades 9–12 · French Immersion2.9 km74%Grade 9 math
Saint Paul Catholic High SchoolNiagara CDSBCatholic · grades 9–12 · French Immersion3.1 km81%Grade 9 math
Westlane Secondary SchoolDSB NiagaraPublic · grades 9–124.8 km66%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Transit nearby

StationLinesDistance
Niagara Falls GOGO Transit train: Lakeshore West1.3 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Lot

Lot area
5,250 sq ft488 m²
Street frontage
35 ft10.7 m
Depth
150 ft45.7 m
35 × 150 ftTHIRD AVE

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

Mortgage Calculator

Plan with the current asking price

20% · $119,800

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$119,800
Total mortgage amount
$479,200
Total interest payment
$340,700
Total purchase cost
$939,700
Mortgage payment
$2,733/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

15%

Monthly carrying cost

$3,039
$161per month
  • Carrying cost $3,039
  • Surplus $161

Rental income opens at $3,200, the median asking rent of 5 comparable homes for lease in Niagara Falls. Type over it with the rent you expect. This is a planning tool, not advice.

Market area · filters apply to the charts below

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Sold prices in Cherrywood are shown to signed-in members.

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