$875,000
Available - For Sale
Listing ID: X10414038
5197 SECOND Ave , Niagara Falls, L2E 4J8, Ontario


Fall in love with this FULLY RENOVATED, 4-bed, 4-bath home and its endless potential, located within walking distance to Niagara Falls. Offering 2,350 sf of above ground living space, 3 SEPARATE ENTRANCES, this home is ideal for anyone looking to generate additional rental income. Also perfect for a growing family, generational living or an investment opportunity. Aside from the lovely sunroom, cozy living room with plenty of natural light, dining area, and updated kitchen with GRANITE COUNTERTOPS, this home offers a large main floor self-contained IN-LAW SUITE at the rear, complete with a bedroom, living room, kitchen, 3-pc bath and patio door to its own private porch. This is an ideal space for income potential, or an owner occupied bnb. A great opportunity to have some of your mortgage paid while still utilizing the entire original home! On the second storey of the home are 3 generously sized bedrooms, a 4-pc bath and 2 linen closets. Don't miss the door that leads up to the 2nd half storey! This area could be used as a great kid's room, flex space, office or storage. The basement has its own separate entrance. WINDOWS (2023), NEW ELECTRIC & PLUMBING (2023), A/C (2023) & the driveway has been updated with NEW ASHPHALT (since the photos were taken - 2024). With its close proximity to Niagara Falls, Clifton Hill, Casinos, Golf Courses, and The Niagara Wine Country, this home holds tremendous value for income potential given all the tourism close by. The possibilities are endless. A must-see home to appreciate all of its character and opportunity.
Price $875,000
Taxes: $4750.00
Assessment: $200000
Assessment Year: 2024
Address: 5197 SECOND Ave , Niagara Falls, L2E 4J8, Ontario
Lot Size: 47.70 x 110.00 (Feet)
Acreage: < .50
Directions/Cross Streets: STANLEY AVENUE TO MCRAE STREET TO SECOND AVENUE
Rooms: 14
Rooms +: 0
Bedrooms: 4
Bedrooms +: 0
Kitchens: 2
Kitchens +: 0
Basement: Sep Entrance, Unfinished
Approximatly Age: 51-99
Property Type: Detached
Style: 2 1/2 Storey
Exterior: Brick, Vinyl Siding
Garage Type: Detached
(Parking/)Drive: Other
Drive Parking Spaces: 3
Pool: None
Approximatly Age: 51-99
Fireplace/Stove: N
Heat Source: Electric
Heat Type: Forced Air
Central Air Conditioning: Central Air
Elevator Lift: N
Sewers: Sewers
Water: Municipal
Water Supply Types: Unknown
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX NIAGARA REALTY LTD, BROKERAGE
Personal Picture
Dir:
416-828-2535
Bus:
647-462-9629
 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Freehold - Detached
Area: Niagara
Municipality: Niagara Falls
Neighbourhood: 211 - Cherrywood
Style: 2 1/2 Storey
Lot Size: 47.70 x 110.00(Feet)
Approximate Age: 51-99
Tax: $4,750
Maintenance Fee: $0
Beds: 4
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
$
%
%
Years