5261 Buchanan Avenue, Niagara Falls, ON

$299,999
MLS#:X12447574
2 beds
1 baths
< 700 sqft
1.0 parking
Residential Freehold
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Property no longer active

This property was sold on October 10, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 211 - Cherrywood. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $299,999 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning < 700 sqft on a premium 40 x 115 ft lot
  • Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This listing is a fantastic opportunity for flippers, investors, or visionaries looking to bring a property back to life. This home features 2 bedrooms, a bathroom, kitchen, family room, and basement, plus a spacious backyard with tons of potential. Conveniently located just minutes from the QEW, GO Transit, and Downtown Niagara Falls, this property sits in a desirable, accessible neighbourhood surrounded by growth and development. Whether you are looking for your next renovation project or a strategic investment, this is the perfect canvas to create something special!

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Property Summary

This detached home located at 5261 Buchanan Avenue, Niagara Falls is currently for sale and has been available on SousaSells for 284 days. This property is listed at $299,999 with an estimated mortgage of $999* per month. It has 2 beds, 1 bathroom, and is < 700 square feet. 5261 Buchanan Avenue, 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
2
Bathrooms
1
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 10, 2025
Sold price information is available to members only
Listed Date10/6/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementFull
Lot Size40 × 115 Feet
CountyNiagara
Annual Tax$2,191
Legal DescriptionLT 309 PL 307 NIAGARA FALLS ; NIAGARA FALLS

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Sump Pump

Security Features

Community Features

Location

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5261 Buchanan Avenue, 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 5261 Buchanan Avenue, Niagara Falls, ON L2E 5A7

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$90,000 (30.0%)
* Minimum Canadian down payment required for this price is $15,000.
Amortization Period30 Years
Estimated Monthly Payment$999Based on a loan of $209,999 over 30 years.
Purchase Price$299,999
Loan Amount$209,999
Provincial Land Transfer Tax:$2,975
Total Estimated Closing Taxes:$2,975

About Purchasing a Home in Niagara Falls, ON

For a property listed at $299,999 in Niagara Falls, the legal minimum down payment is $15,000 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 $2,975 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 $2,975.

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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.