Listed for:Listed 1 day ago
$649,000

5166 Morrison Street

Niagara Falls (Cherrywood), ON L2E 2E4

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 5166 Morrison Street, Niagara Falls, Cherrywood

No listing history available

Real estate boards require you to or to see the full details of this property.

*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 5166 Morrison Street, Niagara Falls, Cherrywood

Summarized Description

  • Legal duplex with five bedrooms and two-bedroom basement.
  • Spacious living and family rooms for comfortable living.
  • Located in prime Niagara Falls near shopping and parks.
  • In-law suite offers excellent income potential.
  • Gross rental income of $4120/month available.
  • Ideal for investors or buyers wanting to renovate.
  • Tenants are willing to stay for continued rental income.

Great Investment property is waiting for you, Live your own or rent it. Legal Duplex five bedrooms home with additional two-Bedrooms Basement, located in a prime central Niagara Falls location close to shopping, schools, parks, tourist attractions, and all amenities. Featuring three bedrooms on the main floor, a spacious living room, and a large size family room. The upper level has 2 bedrooms, one of the bedrooms, which is a full height of attic space, you will love it. The finished basement includes a family room, kitchen, bathroom, and laundry room with two Bed rooms offering excellent in-law suite or income potential. This property could truly shine perfect for investors, renovators, or buyers looking to customize their dream home. Gross Rental Income is $4120/month, Tenants Would Like To Stay.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,005
Land Transfer Tax Fee
$9,455

Rental Items

Rental Equipment
None

Basement Type
Finished

Interior Features

Laundry Level
Lower Level
Interior Extras
Carpet Free, In-Law Suite
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Concrete, Poured Concrete
Special Designation
Unknown

Lot

Lot Front
32.60 ft
Lot Depth
120.00 ft
Lot Size
3853
Lot Shape
Rectangular
Lot Size Code
32.60 x 120.00 Feet

Inclusions

Inclusions
3 Washers, 3 Dryers, 3 Fridges, 3 Stoves, Portable AC units upstairs

Parking & Garages

Garage Type
Detached
Garage Spaces
1
Parking Spaces
2
Total Garage And Parking Spaces
3

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air, Wall Unit(s)
Water
Municipal
Sewers
Sewer

Bedrooms
5 + 2
Washrooms
3
Kitchens
3
Family / bonus room
Yes

Room sizes

  • Bedroom 2—
    Upper level
  • Bedroom 2—
    Main level
  • Bedroom—
    Upper level
  • Family Room—
    Main level
  • Kitchen—
    Main level
  • Bedroom 3—
    Main level
  • Living Room—
    Lower level
  • Bedroom—
    Main level
  • Living Room—
    Upper level
  • Living Room—
    Main level
  • Kitchen—
    Lower level
  • Kitchen—
    Upper level
  • Bedroom—
    Lower level
  • Bedroom 2—
    Lower level

Washrooms

  • 4-piece, Main
  • 3-piece, Basement
  • 3-piece, Upper

Area
Niagara Falls
Municipality
Niagara Falls
Neighbourhood
Cherrywood
Main cross streets
Stanley Ave & Morrison St
Zoning
R2
Directions
Stanley Ave & Morrison St
Waterfront
None

MLS® number
X14031054
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-14
Updated on
2026-10-14
Days on market
1 day
Possession type
Flexible
Co-op commission
2.5%
Seller
Listed by
CENTURY 21 GREEN REALTY INC.

Home Market Value

Current home valuation for 5166 Morrison Street, Niagara Falls, Cherrywood, Niagara Falls, ON. Listed for $649,000

HOMEH Estimate

?

—

Estimated Sales Range

?

—

HOMEH Estimate for 5166 Morrison Street, Niagara Falls, Cherrywood

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

Insufficient Data
See the full analysisFree Every recent nearby sale behind this number

Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Niagara Falls, ON
Minimum Down Payment Required:6.1%

5% on first $500K + 10% on $149,000 over $500K

Minimum down payment

$39,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$24,350$18,107$15,446$0
=Total mortgage
$633,112$602,207$567,096$519,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,091monthly$2,940monthly$2,769monthly$2,535monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$9,455

Total Land Transfer Tax

$9,455

Around this home

0/100Loading...
0/100Loading...
0/100Loading...
Map unavailable

No schools found nearby

Ask HOMEH

New!
H

Hi there!

👋

Text or call (416) 301-9001

Recommended for you

Based on homes you've looked at.

No recommended properties found.

Nearby similar homes

No nearby properties found.