Listed for:Listed 23 days ago
$489,000

5365 Portage Road

Niagara Falls (Cherrywood), ON L2E 6B8

Detached House For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 5365 Portage Road, Niagara Falls, Cherrywood

No listing history available

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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 5365 Portage Road, Niagara Falls, Cherrywood

Summarized Description

  • Income-generating property with expansion potential.
  • Large private lot with seclusion from the street.
  • Insulated Quonset garage for storage or rental.
  • Open-concept main floor design for modern living.
  • Separate basement entrance with rental potential.
  • Currently tenanted, generating immediate income.
  • Conveniently located near highways and amenities.
  • Ideal for live/work setup or investment portfolio.

Don't miss this chance to secure a flexible, income-generating property with room to expand. This property offers a unique opportunity for investors seeking rental income, workshop space, and long-term potential all within city limits. Close to Hwy, Hospital, Fall, Police Headquarters, this property is set on a large, private lot off Portage Road., The house is partially hidden from the street offering a rare sense of seclusion.. A long private driveway provides access to multiple parking areas and a 24 x 24 insulated Quonset garage, ideal for storage, a workshop, or rental to tradespeople and small business operators. The home features: 3 bedrooms, 2.5 bathrooms, Open-concept main floor with living, dining, and kitchen. Main floor bedroom & powder room, Sunroom, mudroom, and rear deck. Hardwood flooring. The basement offers a separate entrance, a recreation room, 3-piece bathroom, laundry, and high ceilings providing potential for conversion to a secondary suite. Bonus Value: Currently tenanted, at $2250 with utilities paid by tenant, generating income from day one. The Quonset garage offers additional income potential as a rental workspace. Massive lot with fenced area, multiple parking spots, and room for equipment. Strategically located close to major highways, U.S. border, hospital, tourist attractions, and shopping, this property is ideal for a live/work setup or as part of an investment portfolio.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,097
Land Transfer Tax Fee
$6,255

Rental Items

Rental Equipment
Hot Water Tank

Basement Type
Partially Finished

Interior Features

Interior Extras
None
Fireplace/Stove
Yes
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
1 1/2 Storey

Construction

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

Lot

Lot Front
63.80 ft
Lot Depth
175.00 ft

Inclusions

Inclusions
Garden Shed, Dryer, Washer, Refrigerator

Exclusions

Exclusions
GAS STOVE, SINK IN BASEMENT, CATERING EQUIPMENT, SMALL TOOL SHED, GAZEB0, ELECTRIC FIREPLACE & ALL OTHER BELONGINGS OF THE TENANT

Parking & Garages

Garage Type
Detached
Garage Spaces
2
Parking Spaces
6
Total Garage And Parking Spaces
8

Heating & Cooling

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

Bedrooms
3
Washrooms
3
Kitchens
1

Washrooms

  • 4-piece
  • 2-piece

Municipality
Niagara Falls
Neighbourhood
Cherrywood
Main cross streets
PORTAGE/MORRISON ROAD
Directions
BETWEEN MORRISON ROAD AND VALLEY WAY

MLS® number
X13812322
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-22
Updated on
2026-09-22
Days on market
23 days
Possession type
60-89 days
Co-op commission
2%
Seller
Listed by
QUANTUM TEAM REALTY

Home Market Value

Current home valuation for 5365 Portage Road, Niagara Falls, Cherrywood, Niagara Falls, ON. Listed for $489,000

HOMEH Estimate

?

$563,663

Estimated Sales Range

?

$338,198 - $789,128

HOMEH Estimate for 5365 Portage Road, Niagara Falls, Cherrywood

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

$563,663Low confidence
Based on 9 comparable properties
− $74,663 (13%) below our estimate — Good deal!
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:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$24,450

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$18,582$13,643$11,638$0
=Total mortgage
$483,132$453,743$427,288$391,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,359monthly$2,215monthly$2,086monthly$1,910monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$6,255

Total Land Transfer Tax

$6,255

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6/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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