Welcome to this remarkable 2 1/2 Storey triplex located in the coveted neighborhood of 211 - Cherrywood. Expertly crafted featuring premium stucco (plaster) and vinyl siding construction, this residence presents an exceptional opportunity offered at $999,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Fully Luxury Renovation Upgrade . An Exciting Opportunity To Own A Unique Triplex Property In Commercial Area. 8 Min Drive To Niagara Casinos. Nestled Between 2 Busy Roads W/ Great Exposure On Portage And Drummond Rd. 2 Opposite Entrances On Main Level. 2 Separate Apartments On 2nd Fl. With Own Exterior Entrances W/ 3rd Fl. Storage. Ample Parking On Premises That Can Fit Up To 15 Vehicles.Hot Water Tanks Are Owned. Windows, Ac And Furnace Have Been Replaced (2025). Upgraded Amp Service To 400 Amps. Two Separate Gas And Hydro Meters.
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Data-driven valuation for 4087 Portage Road, Niagara Falls, ON L2E 6A2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Niagara Falls.
About Purchasing a Home in Niagara Falls, ON
For a property listed at $999,000 in Niagara Falls, the legal minimum down payment is $74,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $16,455 for this transaction. As this listing is in Niagara Falls (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $16,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.