5425 Cedar Street, Niagara Falls, ON

$499,900
MLS#:X12058210
4 beds
2 baths
700-1100 sqft
5.0 parking
Residential Freehold
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Property no longer active

This property was sold on April 9, 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 $499,900 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.

  • 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 41 x 107 ft lot
  • Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Accessory Apartment, In-Law Suite, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Location, Value & Investment! A perfect home for first time home buyers, investors, or if you're looking to downsize. This Detached Bungalow has a Large Lot (~41ft x 107ft) & is located in the heart of Niagara Falls on an established, quiet, family friendly street & awaits your creativity to customize to your preferences. This home allows flexibility to those looking to combine living and investment from the tenanted Basement or investment to tenant both Main Floor & Basement. The Main Floor Features 3 bedrooms, 1 (3-pc) bathroom, a good size living room, good size eat in kitchen. Finished Basement (Updated in 2023) features a Separate Entrance, 1 Bedroom, 1 (3-pc) bathroom and Open Concept Kitchen/Living room, also includes an above ground Family Room and Sunroom. Separate Laundry on both Main and Basement floors, Furnace and AC were upgraded in 2022. The 4 Car paved Driveway leads you to your Private Fenced-In Backyard & Detached garage (~25' by 15'), a perfect space for a Car & Extra Storage. Minutes from Downtown Niagara Falls, Close to Highways, Schools and Shopping. Note: Some pictures contain Virtual Staging

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Property Summary

This detached home located at 5425 Cedar Street, Niagara Falls is currently for sale and has been available on SousaSells for 471 days. This property is listed at $499,900 with an estimated mortgage of $1,664* per month. It has 4 beds, 2 bathrooms, and is 700-1100 square feet. 5425 Cedar Street, 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
4
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 9, 2025
Sold price information is available to members only
Listed Date4/2/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementFinished, Separate Entrance
Lot Size41 × 107 Feet
CountyNiagara
Annual Tax$2,484.6
Legal DescriptionLT 38 PL 325 NIAGARA FALLS ; NIAGARA FALLS

Parking & Garage

Parking Total5.0
Parking Space4
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Hospital, Library, Park, Public Transit, School

Interior Features

Accessory Apartment, In-Law Suite, Primary Bedroom - Main Floor, Water Heater

Security Features

Community Features

Virtual Tours

Location

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5425 Cedar Street, 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 5425 Cedar Street, Niagara Falls, ON L2E 2V4

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.

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Interest Rate4.00%
Down Payment$149,970 (30.0%)
* Minimum Canadian down payment required for this price is $24,995.
Amortization Period30 Years
Estimated Monthly Payment$1,664Based on a loan of $349,930 over 30 years.
Purchase Price$499,900
Loan Amount$349,930
Provincial Land Transfer Tax:$6,473
Total Estimated Closing Taxes:$6,473

About Purchasing a Home in Niagara Falls, ON

For a property listed at $499,900 in Niagara Falls, the legal minimum down payment is $24,995 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 $6,473 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 $6,473.

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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.