Gurvinder Nokwal REALTOR®
For Sale Detached 93 days on market

$695,000

Est. payment $3,077/moCalculate yours

5214 Third Avenue, Niagara Falls, ON L2E 4M4

211 - Cherrywood, Niagara Falls, ON L2E 4M4

  • 5 Beds
  • 3 Baths
  • 2 Garage
  • 3,500 Sq Ft
Map

Listing courtesy of HOMELIFE/MIRACLE REALTY LTD MLS® X13577046

About this home

Welcome to 5214 Third Avenue! This magnificent 4, 000-square-foot residence sits proudly on an impressive 125′ x 70′ corner lot, offering unparalleled curb appeal, expansive outdoor space, and three levels of sophisticated family living. The exterior features a rare, massive parking setup, including a detached two-car garage for secure storage and a large private driveway that easily accommodates six additional vehicles. The main floor is a masterclass in functional design, centered around a grand living area that serves as the perfect heart of the home for large family gatherings. A gourmet kitchen flows seamlessly into the dining room for effortless hosting, while a sun-drenched sunroom provides a serene sanctuary looking out over your massive yard. This main level also includes a private study room, ideal for professionals working from home, and a highly coveted mudroom transition space to keep the busy household organized. The upper levels offer unmatched privacy and layout flexibility. The second floor serves as a dedicated family retreat featuring four generous, bright bedrooms with excellent closet storage and two well-appointed full washrooms. Ascending to the private third-floor retreat, you will find an incredible bonus level complete with an open-concept loft-perfect for a media room or kids’ play area-and a fifth private bedroom featuring its own attached washroom. With five bedrooms, three bathrooms, a dedicated office, and rare parking capacity, this corner-lot property is an exceptional find. This premium property is a goldmine for savvy investors, builders, and developers, boasting incredible fourplex conversion potential alongside the rare opportunity for a future lot severance. Buyers are to do their own due diligence regarding severance possibilities.

Property details

Overview

Property Type
Detached
Style
2 1/2 Storey
For
For Sale
Status
New
Size
3,500 sqft

Interior

Bedrooms
5
Bathrooms
3
Kitchens
1
Basement
Unfinished

Building & Systems

Heating
Radiant (Gas)
Cooling
None
Exterior
Stucco (Plaster)
Foundation
Concrete
Roof
Shingles
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
70 x 124.7 Feet
Parking
Detached garage · 8 total
Zoning
R2

Financial

Property Taxes
$4,967 (2026)

Location

Neighbourhood
211 - Cherrywood
Cross Street
Victoria Ave & Falls Ave
Direction Faces
West

Listing

MLS® Number
X13577046
Days on Market
93
Listed On
2026-07-17
Possession
Flexible
Listed By
HOMELIFE/MIRACLE REALTY LTD

Features

Interior

  • Storage

Pool

  • None
Included
All Light Fixtures , washers , fridge , Electric Stove
Excluded
None
Rental items
Hot water Tank

Mortgage calculator

Minimum for this price: $44,500 (6.4%)

Amortization, years

Estimated mortgage payment

$3,077 per month

Principal and interest
$3,077
Property tax
$414
Estimated monthly cost
$3,491

Your mortgage

Mortgage amount
$556,000
Mortgage insurance
Not needed
Interest over 25 years
$367,193

Cash to close

Down payment
$139,000
Land transfer tax
$10,375
Total, before legal fees
$149,375
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

5214 Third Avenue, Niagara Falls, ON L2E 4M4 211 - Cherrywood, Niagara Falls, ON L2E 4M4
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$695,000 5214 Third Avenue, Niagara Falls, ON L2E 4M4
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