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5110 STANLEY AVENUE, Niagara Falls (Cherrywood) — listed at $599,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Opportunity knocks with this versatile single detached home, thoughtfully converted into three separate dwelling units. Featuring 1-3-bedroom unit 1-2 bedroom unit and one 1-bedroom unit, with separate hydro metres (2), each complete with its own kitchen and bathroom, this property offers exceptional income potential. Whether you choose to live in the spacious main floor unit while supplementing your income or rent out all three units, the possibilities are endless. Shared coin operated laundry facilities in the basement provide convenience for all occupants and additional income. Double garage and private, paved driveway offers ample parking, and the rear yard adds outdoor enjoyment space. Ideally located near shopping, with quick access to the QEW, this property combines convenience with investment potential. Don't miss out on this incredible opportunity! (id:60164)
Does it have a basement, and is it finished?+
Yes — Finished, Walk out, N/A. A finished basement adds meaningful living space beyond the listed square footage.
Is 5110 STANLEY AVENUE a good fit for a growing family?+
With 6 bedrooms and 3 bathrooms, there's room for kids plus a guest room or home office. The 1.5-storey layout keeps living and sleeping areas separated.
What's the parking situation?+
This property includes 6 spaces — Detached Garage, Garage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,476, heating is radiant heat, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Is this a good starter home?+
At $599,900, this is priced in starter-home territory for Niagara Falls (Cherrywood). With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
How is the home heated? Is it efficient?+
Heating is radiant heat, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
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