$ 875.000

5197 Second Avenue, Niagara Falls

  • Bedrooms: 4
  • Bathrooms: 4
  • Living area: 2350 square feet
  • Type: Residential
  • Added: 57 days ago
  • Updated: 30 days ago
  • Last Checked: 15 hours ago
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 kids 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. (id:1945)
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Property DetailsKey information about 5197 Second Avenue

  • Cooling: Central air conditioning
  • Heating: Forced air, Natural gas
  • Stories: 2.5
  • Structure Type: House
  • Exterior Features: Brick, Vinyl siding
  • Foundation Details: Block

Interior FeaturesDiscover the interior design and amenities

  • Basement: Partial
  • Appliances: Washer, Refrigerator, Dishwasher, Stove, Range, Dryer
  • Bedrooms Total: 4
  • Bathrooms Partial: 1

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 5197 Second Avenue

  • Water Source: Municipal water
  • Parking Total: 5
  • Parking Features: Detached Garage
  • Lot Size Dimensions: 47.7 x 110 FT

Location & CommunityUnderstand the neighborhood and community

  • Directions: STANLEY AVE TO MCRAE ST TO 2ND
  • Common Interest: Freehold
  • Community Features: School Bus, Community Centre

Utilities & SystemsReview utilities and system installations

  • Sewer: Sanitary sewer

Tax & Legal InformationGet tax and legal details applicable to 5197 Second Avenue

  • Tax Annual Amount: 4750
  • Zoning Description: R2
Room Dimensions
Type Level Dimensions
Sunroom Main level 6.91 x 2.87
Living room Main level 7.44 x 6.71
Kitchen Main level 7.49 x 3.05
Primary Bedroom Second level 4.32 x 3.53
Bedroom Second level 4.09 x 3.53
Bedroom Second level 4.27 x 2.49
Other Third level 7.65 x 5.31
Living room Main level 3.07 x 4.06
Kitchen Main level 3.28 x 3.94
Bedroom Main level 3.56 x 3.68
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members of The Canadian Real Estate Association

Nearby Listings Stat

Active listings
22
Min Price
$499,000
Max Price
$1,999,900
Avg Price
$895,882
Days on Market
91 days
Sold listings
1
Min Sold Price
$1,999,000
Max Sold Price
$1,999,000
Avg Sold Price
$1,999,000
Days until Sold
115 days

Nearby Places

Name
Type
Address
Distance
Fallsview Indoor Waterpark
Amusement park
5685 Falls Avenue
0.7 km
Crowne Plaza Niagara Falls - Fallsview
Lodging
5685 Falls Ave
0.8 km
Casino Niagara
Casino
5705 Falls Ave
0.8 km
Wendy's
Restaurant
4850 Clifton Hill
0.8 km
Bird Kingdom
Park
5651 River Rd
0.8 km
Table Rock Fast Food
Gym
6650 Niagara River Pkwy
0.9 km
Queen Victoria Park
Park
Niagara Pkwy
1.4 km
Niagara Falls State Park
Park
332 Prospect St
1.5 km
Skylon Tower
Restaurant
5200 Robinson St
1.5 km
Hard Rock Cafe Niagara Falls USA
Restaurant
333 Prospect St
1.5 km
Niagara Falls
Natural feature
Niagara Falls
1.7 km
The Giacomo
Lodging
222 1st St
1.8 km
Additional Information about 5197 Second Avenue

This House at 5197 Second Avenue Niagara Falls, ON with MLS Number x9359121 which includes 4 beds, 4 baths and approximately 2350 sq.ft. of living area listed on Niagara Falls market by SUZIE FINDLAY - RE/MAX NIAGARA REALTY LTD. at $875,000 57 days ago.

We have found 6 Houses that closely match the specifications of the property located at 5197 Second Avenue with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 650,000 and 1,100,000.

The current price of the property is $875,000, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 19% down payment, the total amount borrowed would be $708,750. This would result in a monthly mortgage payment of $4,092 over a 25-year amortization period.

More Details?
  • SUZIE FINDLAY
  • RE/MAX NIAGARA REALTY LTD.
  • 905-687-9600
  • WebSite

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