$695,000
5214 Third Avenue, Niagara Falls, ON L2E 4M4
211 - Cherrywood · Niagara Falls · L2E 4M4
Listing brokerage: HOMELIFE/MIRACLE REALTY LTD
- Beds
- 5
- Baths
- 3
- Sq ft
- 3500–5000
- Parking
- 8
Monthly costs
Property taxes
$414/mo
$4,967 a year (2026)
The home
- Lot size
- 70 × 124.7 ft
- Style
- 2 1/2 Storey
- Basement
- Unfinished
- Parking
- 8 spots · Detached
- Faces
- West
- Heating · cooling
- Radiant
- Possession
- Flexible
About this home
Welcome to 5214 Third Avenue! This magnificent 4, 000-square-foot residence sits proudly on an impressive 125' x 70' corner lot, offering unparalleled curb appeal, expansive outdoor space, and three levels of sophisticated family living. The exterior features a rare, massive parking setup, including a detached two-car garage for secure storage and a large private driveway that easily accommodates six additional vehicles. The main floor is a masterclass in functional design, centered around a grand living area that serves as the perfect heart of the home for large family gatherings. A gourmet kitchen flows seamlessly into the dining room for effortless hosting, while a sun-drenched sunroom provides a serene sanctuary looking out over your massive yard. This main level also includes a private study room, ideal for professionals working from home, and a highly coveted mudroom transition space to keep the busy household organized. The upper levels offer unmatched privacy and layout flexibility. The second floor serves as a dedicated family retreat featuring four generous, bright bedrooms with excellent closet storage and two well-appointed full washrooms. Ascending to the private third-floor retreat, you will find an incredible bonus level complete with an open-concept loft-perfect for a media room or kids' play area-and a fifth private bedroom featuring its own attached washroom. With five bedrooms, three bathrooms, a dedicated office, and rare parking capacity, this corner-lot property is an exceptional find. This premium property is a goldmine for savvy investors, builders, and developers, boasting incredible fourplex conversion potential alongside the rare opportunity for a future lot severance. Buyers are to do their own due diligence regarding severance possibilities.
All details21 more from the listing · Interior, Heating, Parking, Exterior, Utilities, Taxes, Listing
Interior
- Bedrooms
- 5
- Bathrooms
- 3
- Kitchens
- 1
- Rooms
- 6
- Size
- 3500-5000 sq ft
- Fireplace
- Yes
Features
- Storage
Heating & Cooling
- Heat source
- Gas
Parking
- Covered spaces
- 2
Exterior & Lot
- Exterior
- Stucco (Plaster)
- Roof
- Shingles
- Foundation
- Concrete
Utilities
- Sewer
- Sewer
Taxes & Fees
- HST
- Included In
Listing
- MLS® number
- X13577046
- Type
- Detached
- Transaction
- For Sale
- Neighbourhood
- 211 - Cherrywood
- Cross streets
- Victoria Ave & Falls Ave
- Co-listing brokerage
- HOMELIFE/MIRACLE REALTY LTD
Rooms · 3Washroom ×3
3-piece washroom
Second
3-piece washroom
Second
3-piece washroom
Third
History
Past listings and sales for this home and building.
Location
5214 Third Avenue, Niagara Falls, ON L2E 4M4 · Near Victoria Ave & Falls Ave
Monthly cost
Estimated monthly cost
$3,491/mo
- Mortgage
- $3,077
- Property tax
- $414
Amortization
Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.
Cash to close
Cash to close
$151,370
$139,000 down + $12,370 to $13,620 in closing costs
- Ontario land transfer tax
- $10,375
- Legal fees and disbursements
- $1,500 to $2,500
- Title insurance
- $250 to $500
- Property tax adjustment
- $245
Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.
The listing information is deemed reliable but is not guaranteed accurate by PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
$695,000
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