4927 Morrison Street
Niagara Falls (Cherrywood), ON L2E 2C4
- 4+1Bedrooms
- 3Bathrooms
- 0Garage
- 1100–1500Sq Ft
- $2,623Tax
- 38×77 ftLot Size
Estimated Value:$372,500See Free Estimate Report
Property not available for sale or for rent.
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 4927 Morrison Street, Niagara Falls, Cherrywood
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About 4927 Morrison Street, Niagara Falls, Cherrywood
Summarized Description
- Investment opportunity with three rental units.
- Long term tenants paying below market rent.
- Each unit has separate hydro meters.
- Spacious loft on the second floor.
- Private backyard and generous deck available.
- Minutes from tourist attractions and amenities.
- Property requires some TLC but functions well.
Great Investment Opportunity! 2.5 Story, three-unit home on great lot. Property has great earning potential with 1 x 3 bedroom and 2 x 1 bedroom units. Long term tenants paying below market rent meaning lots of room for upside. Each unit is fully self contained and has separate hydro meters. Minutes to The Falls and the tourist area, schools, shops, restaurants, shopping and much more! Additional features include large porch in front and a generous deck in the back yard. Some TLC required, but functions well. The second floor unit consists of a very spacious loft. private backyard offers good space for tenants to enjoy the outdoors and plenty of parking as well. Don't miss this great investment!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,623
- Land Transfer Tax Fee
- $3,710
- Basement Type
- Apartment
Interior Features
- Interior Extras
- None
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Deck, Porch
- Pool
- None
- Property Features
- Library, Place Of Worship, Public Transit, Rec./Commun.Centre, School, School Bus Route
Building
- Building Type
- Detached
- Building Style
- 2 1/2 Storey
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle, Shingles
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 37.50 ft
- Lot Depth
- 77.17 ft
- Lot Size
- 2893.87
Inclusions
- Inclusions
- 3 Fridges, 3 Stoves, All Window Coverings not belonging to tenants, All Electrical Light Fixtures not belonging to tenants
Exclusions
- Exclusions
- None
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 2
- Total Garage And Parking Spaces
- 2
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- None
- Bedrooms
- 4 + 1
- Washrooms
- 3
- Kitchens
- 3
Washrooms
- 3-piece, Ground
- 3-piece, Second
- 3-piece, Basement
- Municipality
- Niagara Falls
- Neighbourhood
- Cherrywood
- Main cross streets
- Morrison/Valley Way
- Directions
- Morrison/Valley Way
- MLS® number
- X12941952
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-08-14
- Listed on
- 2026-03-31
- Days on market
- 136 days
- Possession type
- 30-59 days
- Co-op commission
- 2.5%
- Seller
- Listed by
- RE/MAX REALTRON REALTY INC.
Home Market Value
Current home valuation for 4927 Morrison Street, Niagara Falls, Cherrywood, Niagara Falls, ON. Listed for $349,000
HOMEH Estimate
$372,500
Estimated Sales Range
$294,275 - $450,725
HOMEH Estimate for 4927 Morrison Street, 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
$17,450
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $13,262 | $9,737 | $8,306 | $0 |
=Total mortgage | $344,812 | $323,837 | $304,956 | $279,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $1,684monthly | $1,581monthly | $1,489monthly | $1,363monthly |
Land Transfer Tax
$3,710
$3,710
Around this home
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