5166 Morrison Street, Niagara Falls, ON
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of 211 - Cherrywood. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $699,000 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.
- 7 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 32.6 x 120 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Carpet Free, In-Law Suite
- equipped with central air, wall unit(s) central cooling and highly efficient forced air heating via gas
Description
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.
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Property Summary
This duplex located at 5166 Morrison Street, Niagara Falls is currently for sale and has been available on SousaSells for 13 days. This property is listed at $699,000 with an estimated mortgage of $2,327* per month. It has 7 beds, 3 bathrooms, and is 1500-2000 square feet. 5166 Morrison Street, Niagara Falls is in the 211 - Cherrywood neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 7 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in 211 - Cherrywood, Niagara Falls.
- •7 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in 211 - Cherrywood, Niagara Falls.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Carpet Free
- In-Law Suite
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 5166 Morrison Street, Niagara Falls, ON
Q.What is the asking price for 5166 Morrison Street, Niagara Falls, ON ?
The current listing price for 5166 Morrison Street, Niagara Falls, ON in 211 - Cherrywood, Niagara Falls is $699,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 7 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 5166 Morrison Street, Niagara Falls, ON ?
5166 Morrison Street, Niagara Falls, ON is a Duplex (2-Storey) featuring a Finished basement.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free, In-Law Suite.
Q.Is parking available at this property?
Yes, this property offers parking space for 3.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air, Wall Unit(s).
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Pricing & Value Insights
Data-driven valuation for 5166 Morrison Street, Niagara Falls, ON L2E 2E4
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Niagara Falls, ON
For a property listed at $699,000 in Niagara Falls, the legal minimum down payment is $44,900 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 $10,455 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 $10,455.
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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.