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5174 JEPSON STREET, Niagara Falls (Cherrywood) — listed at $699,344. Earn buyer cashback at closing. No catches, just more money in your pocket.
STUNNING, VACANT & FULLY TURNKEY LEGAL DUPLEX (2026)!Whether you are a savvy investor looking for immediate market rents or a homebuyer looking to live mortgage-free, this professionally converted, permit-approved property is a rare find. Masterfully redesigned from top to bottom, this home offers two completely self-contained, ultra-stylish units spanning the main level, second level, and a finished attic. Each bright, sunlit unit boasts a private entrance, an executive high-gloss kitchen with a massive island, quartz countertops, a designer backsplash, a 900-CFM touchless range hood, and luxury 7mm vinyl flooring. High-end details shine throughout, from the modern feature TV panels to the sun-drenched skylight and luxury full bathrooms. Designed for effortless land lording, the property features separate laundry spaces and independent water controls.No expense was spared on safety and infrastructure. Enjoy total peace of mind with fire-rated ceilings, premium soundproofing between units, an advanced fire-alarm system, illuminated exit signs, new roofing, and a brand-new 200-amp electrical panel with a full ESA certificate. Plumbing, drainage, and HVAC vents have all been fully upgraded. Outside, relax on the brand-new front and rear decks or the second-floor balcony. The massive lot features a deep backyard with a productive apple tree, an EV-charger receptacle, a detached garage, and parking for up to 6 vehicles! UNBEATABLE LOCATION: Walk to the University of Niagara Falls, local schools, shopping, and a nearby park with a public pool. Commuters will love being just 2 minutes from highway access, while tourists and tenants are only a 15-minute stroll from world-famous Niagara Falls attractions. Vacant and ready for immediate possession-set your own rents or move right in! (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Main level | 3.53 x 3.53 meters |
| Kitchen | Main level | 3.53 x 3.53 meters |
| Bathroom | Main level | 2.1 x 1.5 meters |
| Family room | Main level | 3.53 x 3.53 meters |
| Kitchen | Second level | 6.8 x 3.53 meters |
| Bedroom 2 | Second level | 3.5 x 2.13 meters |
| Bedroom 3 | Second level | 3.53 x 2.13 meters |
| Bathroom | Second level | 2.56 x 1.5 meters |
| Bedroom 3 | Third level | 6 x 6 meters |
How is the space laid out across floors?+
This is a 2.5-storey multi-family. The 4 bedrooms and 2 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Could this work as an investment property?+
The basement description mentions: Separate entrance, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Niagara Falls (Cherrywood) before counting on it.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $2,745.75, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
What's the parking situation?+
This property includes 6 spaces — Detached Garage, Garage.
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