$533,500
Est. payment $2,362/moCalculate yours
5974 Scott Street E, Niagara Falls, ON L2E 3B4
211 - Cherrywood, Niagara Falls, ON L2E 3B4
- 3 + 2 Beds
- 3 Baths
- 1 Garage
- 1,100 Sq Ft
Listing courtesy of REVEL Realty Inc., Brokerage MLS® X13797030
About this home
This detached bungalow offers incredible income potential and a fantastic opportunity to renovate and add major value. The main floor features a bright living room, kitchen, 3 bedrooms, and a full bath.The lower level boasts two self-contained suites, each with living area, kitchen, bedroom, and ensuite bath. While one unit is already occupied by excellent tenants willing to stay, the basement level requires some finishing renovations to maximize your rental income.The property also features a newer A/C, a large backyard, and parking for up to 4 cars. Fix it up, set your own rent, and watch your equity grow!Property sold “As Is”. Seller and Listing Agent do not warrant the retrofit status of the basement.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Approximate Age
- 51-99
- Size
- 1,100 sqft
Interior
- Bedrooms
- 3 + 2
- Bathrooms
- 3
- Kitchens
- 3
- Basement
- Finished, Separate Entrance
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Unknown
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 50 x 110 Feet
- Parking
- Attached garage · 3 total
Financial
- Property Taxes
- $3,410 (2026)
Location
- Neighbourhood
- 211 - Cherrywood
- Cross Street
- Drummond&Morrison
- Direction Faces
- East
Listing
- MLS® Number
- X13797030
- Days on Market
- 31
- Listed On
- 2026-09-17
- Possession
- Flexible
- Listed By
- REVEL Realty Inc., Brokerage
Rooms
Features
Interior
- None
Pool
- None
- Rental items
- Hot Water Heater
Mortgage calculator
Estimated mortgage payment
$2,362 per month
- Principal and interest
- $2,362
- Property tax
- $284
- Condo fees
- $0
- Estimated monthly cost
- $2,646
Your mortgage
- Mortgage amount
- $426,800
- Mortgage insurance
- Not needed
- Interest over 25 years
- $281,867
Cash to close
- Down payment
- $106,700
- Land transfer tax
- $7,145
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $113,845
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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