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For SaleComm Element Condo · ApartmentMLS® #X13472354 · TRREB MLS®

201-4872 Valley Way, Niagara Falls, Ontario

Cherrywood, Niagara Falls, Ontario L2E 1W3

Bedrooms
2+1
Bathrooms
1
Type
Comm Element Condo
Basement
None

$299,999

Estimated market value

About 201-4872 Valley Way

201-4872 Valley Way is a 2+1-bedroom, 1-bathroom condo in Cherrywood, Niagara Falls, listed for sale at an asking price of $299,999 (MLS® X13472354).

Fantastic opportunity to own a beautiful renovated 2 bed + den/bdrm apartment minutes from The Falls. Stunning Interior, Brite and spacious ideal for 1st time home buyer (WTB may be available). AIRBNB can also be possible [ subject to application approval. Unit has its own parking Garage!!2 big bedrooms and a small office / den/ Bdrm. 1 Full washroom. Walk to Rainbow Bridge area, Clifton Hill. Gas station and Restaurant next wall. Plaza, hwy 420 and The falls in less then 10 minutes drive School walk by. Excelent Excelent Location at Excellent Excellent Price!

Insights

  • Condition Score

    Good
    71out of 100

    1 documented update signal

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

  • Cashflow Quality

    Covers costs
    72out of 100

    +$249/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 5 homes with 3 bedrooms for lease in Cherrywood right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

Key facts

Tax
$1,800 / 2025
MLS® number
X13472354
Board
TRREB MLS®
Property Type
Comm Element Condo
Building Age
11-15
Days on market
Size
600-699 sqft
Listed on
Parking
1 Built-In, 1 Parking
Listing brokerage: HOMELIFE/MIRACLE REALTY LTDData 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 201-4872 Valley Way, 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$299,999N/AFor SaleX13472354

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
Comm Element Condo
Style
Apartment
Community
Cherrywood
Municipality
Niagara Falls

Building

Size
600-699 sqft
Building Age
11-15
Construction
Brick Front

Inside

Bedrooms
2+1
Bathrooms
1
Bathroom Details
1 × 5pc Main
Basement Type
None
Kitchens
1

Parking

Garage Type
Built-In
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Extras
all ELF, Fridge, Stove Dish Washer, Furnace and related equipment Windows Curtain,
Condo maint.
$582

Rooms

RoomSizeFeaturesLevel
Living4.0 × 3.0 mPot Lights, Laminate, WindowMain
Primary4.0 × 3.0 mCloset Organizers, Laminate, WindowMain
2nd Br3.0 × 2.0 mWindow, Laminate, Pot LightsMain
Den2.0 × 3.0 mPot Lights, Laminate, WindowMain
Kitchen3.0 × 3.0 mCeramic Floor, Balcony, Pot LightsMain
Foyer2.0 × 1.0 mCeramic Floor, Closet Organizers, Pot LightsMain

Map and tour

Land transfer tax on this home

Ontario land transfer tax
$2,975
Total land transfer tax
$2,975
First-time buyer rebates (Ontario up to $4,000)
−$2,975
Total for first-time buyers
$0
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 $299,999
$750
Ontario total
$2,975

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: 730 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 a household 30 m awayAcross 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 m12 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: 730 m730 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 Canadian Specialty Castings Inc. — Canadian Specialty Casting Inc., 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 a household 30 m awayFixed 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.30 m
  • 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
Simcoe Street Public SchoolDSB NiagaraPublic · grades JK–8250 m80%Grade 6 average
St Patrick Catholic Elementary SchoolNiagara CDSBCatholic · grades JK–8350 m97%Grade 3 average
Valley Way Public SchoolDSB NiagaraPublic · grades JK–8650 m63%Grade 6 average
ÉÉC Saint-AntoineConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–81.6 km53%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Stamford CollegiateDSB NiagaraPublic · grades 9–122.4 km62%Grade 9 math
A N Myer Secondary SchoolDSB NiagaraPublic · grades 9–12 · French Immersion3.1 km74%Grade 9 math
Saint Paul Catholic High SchoolNiagara CDSBCatholic · grades 9–12 · French Immersion3.3 km81%Grade 9 math
Westlane Secondary SchoolDSB NiagaraPublic · grades 9–125 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 West1.1 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.

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% · $60,000

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
$60,000
Total mortgage amount
$239,999
Total interest payment
$170,701
Total purchase cost
$470,700
Mortgage payment
$1,369/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

5%

Monthly carrying cost

$2,101
$249per month
  • Carrying cost $2,101
  • Surplus $249

Rental income opens at $2,350, the median asking rent of 5 comparable homes for lease in Cherrywood. Type over it with the rent you expect. This is a planning tool, not advice.

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