4741 First Avenue
Niagara Falls (Cherrywood), ON L2E 4G6
- 3Bedrooms
- 1Bathroom
- 4Garage
- 700–1100Sq Ft
- $2,899Tax
- 70×150 ftLot Size
Estimated Value:$398,000See Free Estimate Report
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 4741 First Avenue, Niagara Falls, Cherrywood
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| - | - | Login to See Prices | Unknown | |
| 2026-03-11 | 2026-03-27 | Login to See Prices | Sold | x12872180 |
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 4741 First Avenue, Niagara Falls, Cherrywood
Summarized Description
- Valuable 70' x 150' lot for redevelopment.
- Pre-consultation process with city completed.
- Options to sever lot for multiple homes.
- Located in a high-demand area.
- Existing 3-bedroom, 1-bathroom home available.
- Strong growth potential in Niagara Falls.
- Close to GO Station and entertainment district.
Attention Builders, Investors & Renovators!Fantastic opportunity to acquire a valuable 70' x 150' lot with an existing home-ideal for redevelopment or investment. The sellers have already completed the pre-consultation process with the City of Niagara Falls Planning Department, paving the way for future growth.Options include severing the lot into two parcels to build detached homes, or severing into three parcels for semi-detached or townhouse development.This prime location is just 2 minutes to the Niagara Falls GO Station and Niagara University, and only 5 minutes to the vibrant entertainment district-a high-demand area with strong growth potential.Live in or rent the existing 3-bedroom, 1-bathroom home (approx. 950 sq. ft.) while you plan your project.An excellent opportunity for those looking to build, invest, or add value in one of Niagara's most promising neighbourhoods.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,899
- Land Transfer Tax Fee
- $3,350
Rental Items
- Rental Equipment
- None
- Basement Type
- Partial Basement
Interior Features
- Laundry Level
- Main Level
- Interior Extras
- Carpet Free, Water Heater Owned
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
- Other Structures
- Shed, Fence - Partial
Building
- Building Type
- Detached
- Building Style
- Bungalow
- Approx Age
- 100+
Construction
- Exterior Finish
- Brick Veneer, Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Stone, Concrete Block
- Special Designation
- Unknown
Lot
- Lot Front
- 70.00 ft
- Lot Depth
- 150.00 ft
- Lot Size
- 10721
- Lot Shape
- Rectangular
Inclusions
- Inclusions
- Fridge, Stove, Stacked Washer/Dryer Combo, all appliances in as is condition.
Exclusions
- Exclusions
- None
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 4
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 4
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 3
- Washrooms
- 1
- Kitchens
- 1
Room sizes
- Living Room—Main level
- Dining Room—Main level
- Kitchen—Main level
- Bedroom—Main level
- Bedroom 2—Main level
- Bedroom 3—Main level
- Bathroom—Main level
Washrooms
- 4-piece, Main
- Municipality
- Niagara Falls
- Neighbourhood
- Cherrywood
- Main cross streets
- Morrison St & Victoria Ave
- Zoning
- R2
- Directions
- north on Victoria Ave, West on Morrison St, north on First Ave. Property on left.
- Waterfront
- None
- MLS® number
- X12872180
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-03-27
- Listed on
- 2026-03-11
- Days on market
- 16 days
- Possession type
- Flexible
- Co-op commission
- 2.0%
- Seller
- Listed by
- eXp Realty
Home Market Value
Current home valuation for 4741 First Avenue, Niagara Falls, Cherrywood, Niagara Falls, ON. Listed for $325,000
HOMEH Estimate
$398,000
Estimated Sales Range
$319,086 - $476,914
HOMEH Estimate for 4741 First Avenue, Niagara Falls, Cherrywood
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$16,250
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $12,350 | $9,068 | $7,735 | $0 |
=Total mortgage | $321,100 | $301,568 | $283,985 | $260,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $1,568monthly | $1,472monthly | $1,387monthly | $1,269monthly |
Land Transfer Tax
$3,350
$3,350
Around this home
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