Listed for:Listed 28 days ago
$533,500

5974 Scott Street E

Niagara Falls (Cherrywood), ON L2E 3B4

Detached House For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 5974 Scott Street E, 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 5974 Scott Street E, Niagara Falls, Cherrywood

Summarized Description

  • Detached bungalow with significant income potential.
  • Main floor includes bright living room and kitchen.
  • Lower level has two self-contained rental suites.
  • One basement unit occupied by reliable tenants.
  • Property offers a large backyard and ample parking.
  • Opportunity to renovate and increase rental income.
  • Sold 'As Is' with no warranty on basement retrofit.

This detached bungalow offers incredible income potential and a fantastic opportunity to renovate and add major value. The main floor features a bright living room, kitchen, 3 bedrooms, and a full bath.The lower level boasts two self-contained suites, each with living area, kitchen, bedroom, and ensuite bath. While one unit is already occupied by excellent tenants willing to stay, the basement level requires some finishing renovations to maximize your rental income.The property also features a newer A/C, a large backyard, and parking for up to 4 cars. Fix it up, set your own rent, and watch your equity grow!Property sold "As Is". Seller and Listing Agent do not warrant the retrofit status of the basement.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,410
Land Transfer Tax Fee
$7,145

Rental Items

Rental Equipment
Hot Water Heater

Basement Type
Finished, Separate Entrance

Interior Features

Laundry Level
Lower Level
Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
Bungalow
Approx Age
51-99

Construction

Exterior Finish
Brick
Roof
Unknown
Foundation Details
Unknown
Special Designation
Unknown

Lot

Lot Front
50.00 ft
Lot Depth
110.00 ft

Parking & Garages

Garage Type
Attached
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
Water
Municipal
Sewers
Sewer

Bedrooms
3 + 2
Washrooms
3
Kitchens
3

Room sizes

  • Bedroom 2—
    Basement level
  • Bedroom 3—
    Main level, Laminate
  • Bedroom—
    Basement level
  • Bedroom—
    Main level, Laminate
  • Bedroom 2—
    Main level, Laminate
  • Dining Room—
    Main level, Combined w/Family
  • Family Room—
    Main level, Laminate
  • Living Room—
    Basement level

Washrooms

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

Municipality
Niagara Falls
Neighbourhood
Cherrywood
Main cross streets
Drummond&Morrison
Directions
Off Portage Road

MLS® number
X13797030
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-17
Updated on
2026-09-22
Days on market
28 days
Possession type
Flexible
Co-op commission
2% plus HST
Seller
Listed by
REVEL Realty Inc., Brokerage

Home Market Value

Current home valuation for 5974 Scott Street E, Niagara Falls, Cherrywood, Niagara Falls, ON. Listed for $533,500

HOMEH Estimate

?

$589,887

Estimated Sales Range

?

$466,011 - $713,763

HOMEH Estimate for 5974 Scott Street E, Niagara Falls, Cherrywood

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

$589,887Medium confidence
Based on 15 comparable properties
− $56,387 (10%) 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:5.3%

5% on first $500K + 10% on $33,500 over $500K

Minimum down payment

$28,350

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$20,188$14,885$12,697$0
=Total mortgage
$524,879$495,035$466,172$426,800
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,563monthly$2,417monthly$2,276monthly$2,084monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$7,145

Total Land Transfer Tax

$7,145

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