$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
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
Estimated mortgage payment
$3,077 per month
- Principal and interest
- $3,077
- Property tax
- $414
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $149,375
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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