4974 Valley Way, Niagara Falls, ON

$599,900
MLS#:X9397881
3 beds
3 baths
1500-2000 sqft
3.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 1, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 211 - Cherrywood. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $599,900 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 40 x 140.42 ft lot
  • Features a partially finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater
  • Efficient other heating via gas

Description

Lovely Character Home conveniently located in a central neighbourhood of Niagara Falls. This 3 bedroom 2 storey home has been meticulously cared for and is loaded with character and charm, with the perfect amount of modern touches. The main floor is light and bright with its large windows and easy flow concept living / dining areas, complete with hardwood floors and brick fireplace. You will fall in love with the oversized kitchen offering tons of cabinet and counter space. Upstairs has 3 well sized bedrooms, a 4 pc bath and even an additional room that could be a home office, play room, walk-in closet etc., the possibilities are endless. Lower level features a recreation room, 3 pc bathroom and an additional unfinished area for storage or could be completed to your tastes. This home is steps to all of the great restaurants, unique boutique shops, events and activities that Niagara Falls has to offer and is waiting for you!

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Property Summary

This detached home located at 4974 Valley Way, Niagara Falls is currently for sale and has been available on SousaSells for 641 days. This property is listed at $599,900 with an estimated mortgage of $1,997* per month. It has 3 beds, 3 bathrooms, and is 1500-2000 square feet. 4974 Valley Way, Niagara Falls is in the 211 - Cherrywood neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 1, 2024
Sold price information is available to members only
Listed Date10/15/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Vinyl Siding
BasementPartially Finished, Separate Entrance
Lot Size40 × 140.42 Feet
CountyNiagara
Annual Tax$3,270.87
Legal DescriptionLT 102 PL 323 NIAGARA FALLS ; NIAGARA FALLS

Parking & Garage

Parking Total3.0
Parking Space1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeOther
CoolingNone

Features

Property Features

Interior Features

Water Heater

Security Features

Community Features

Location

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4974 Valley Way, Niagara Falls, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 4974 Valley Way, Niagara Falls, ON L2E 1W7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Niagara Falls.

Configure Loan Settings

Interest Rate4.00%
Down Payment$179,970 (30.0%)
* Minimum Canadian down payment required for this price is $34,990.
Amortization Period30 Years
Estimated Monthly Payment$1,997Based on a loan of $419,930 over 30 years.
Purchase Price$599,900
Loan Amount$419,930
Provincial Land Transfer Tax:$8,473
Total Estimated Closing Taxes:$8,473

About Purchasing a Home in Niagara Falls, ON

For a property listed at $599,900 in Niagara Falls, the legal minimum down payment is $34,990 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 $8,473 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 $8,473.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 211 - Cherrywood, Niagara Falls.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$602,267

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

St Mary
Public5719 Morrison Street, Niagara Falls, Ontario, L2E 2E8
8.1
Valley Way
Public5315 Valley Way, Niagara Falls, Ontario, L2E 1X4
6.5
St Patrick
Public4653 Victoria Avenue, Niagara Falls, Ontario, L2E 4B8
6.6
LaMarsh
Public4571 Drummond Road, Niagara Falls, Ontario, L2E 6C8
5.3
Cherrywood Acres
Public4635 Pettit Avenue, Niagara Falls, Ontario, L2E 6L4
6.8

Secondary Schools

Stamford
Public5775 Drummond Road, Niagara Falls, Ontario, L2G 4L2
5.3
A N Myer
Public6338 O'Neil Street, Niagara Falls, Ontario, L2J 1M7
7.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.