
5056 Fourth Avenue
Niagara Falls (Cherrywood), ON L2E 4P6
- 4Bedrooms
- 2Bathrooms
- 0Garage
- 1100–1500Sq Ft
- $2,336Tax
- 29×70 ftLot Size
- Estimated Value:$380,000See Free Estimate Report

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About 5056 Fourth Avenue, Niagara Falls, Cherrywood
Summarized Description
- Charming 4-bedroom home with high ceilings
- Updated kitchen with quartz countertops
- Separate entrance for main-floor bedroom
- Partially finished basement for added flexibility
- Conveniently located near downtown amenities
- Ideal for first-time buyers and investors
- Potential for multi-generational living
- Low-maintenance backyard access
Charming 4-bedroom home offering exceptional value at $439,000. Featuring high ceilings, hardwood flooring, and spacious principal rooms, this home blends character with everyday functionality. The updated kitchen showcases quartz countertops and provides access to a low-maintenance backyard. A unique feature of the home is the separate front entrance leading to the main-floor bedroom and access to the partially finished basement, offering added flexibility for multi-generational living, a home-based business, or potential investment opportunities. The main-floor bedroom can also serve as a guest room, office, or additional living space. Upstairs, you'll find three bedrooms, a spacious landing ideal for a study or workspace, and a 4 piece bathroom with a deep soaker tub. The partially finished basement includes a rec room, 2 piece bath, and laundry area. Conveniently located within walking distance of downtown amenities, schools, parks, restaurants, and shopping, with quick highway access for commuters. A great opportunity for first-time buyers, growing families, or investors looking for a property with flexibility and potential.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,336
- Land Transfer Tax Fee
- $5,255
Rental Items
- Rental Equipment
- Hot Water Heater
- Basement Type
- Full, Partially Finished
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- In-Law Capability
- Fireplace/Stove
- Yes
- Fireplace Features
- Wood
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- Fenced Yard, Park, Library, Public Transit, School
Building
- Building Type
- Detached
- Building Style
- 2-Storey
- Approx Age
- 51-99
Construction
- Exterior Finish
- Brick Veneer, Concrete
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete Block
- Special Designation
- Unknown
Lot
- Lot Front
- 29.30 ft
- Lot Depth
- 70.00 ft
Inclusions
- Inclusions
- Dishwasher, Dryer, Refrigerator, Smoke Detector, Stove, Washer, Window Coverings, Gas BBQ
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 3
- Total Garage And Parking Spaces
- 3
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 4
- Washrooms
- 2
- Kitchens
- 1
Room sizes
- Living Room—Main level
- Den—Main level
- Dining Room—Main level
- Kitchen—Main level
- Bedroom—Main level
- Bathroom—Second level, 4 Pc Bath
- Primary Bedroom—Second level
- Bedroom—Second level
- Bedroom—Second level
- Recreation—Basement level
- Laundry—Basement level
Washrooms
- 4-piece, Second
- 2-piece, Basement
- Municipality
- Niagara Falls
- Neighbourhood
- Cherrywood
- Main cross streets
- Valleyway and Fourth
- Directions
- Valley Way to Fourth Ave
- MLS® number
- X13455868
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-08-06
- Listed on
- 2026-06-17
- Days on market
- 50 days
- Possession type
- Flexible
- Co-op commission
- 2% + HST
- Seller
- Listed by
- MICHAEL ST.JEAN REALTY INC.
Home Market Value
Current home valuation for 5056 Fourth Avenue, Niagara Falls, Cherrywood, Niagara Falls, ON. Listed for $439,000
HOMEH Estimate
$380,000
Estimated Sales Range
$328,783 - $431,217
HOMEH Estimate for 5056 Fourth 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
$21,950
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $16,682 | $12,248 | $10,448 | $0 |
=Total mortgage | $433,732 | $407,348 | $383,598 | $351,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,118monthly | $1,989monthly | $1,873monthly | $1,715monthly |
Land Transfer Tax
$5,255
$5,255
Around this home
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