4824 Fourth Avenue
211 - Cherrywood, Niagara Falls, L2E 4P1
FOR SALE
$474,900
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5 + 2
BEDROOMS 3
BATHROOMS 1 + 1
KITCHENS 8 + 3
ROOMS X13527904
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Property Description
Excellent Income Potential in Niagara Falls! Discover this expansive two-story residence situated on a quiet street in the heart of Niagara Falls. Boasting a versatile 5+2 bedroom and 3-bathroom layout, this home is perfect for large families or savvy investors. The main floor features a spacious kitchen, a formal dining room, and a bedroom, while the upper level offers four generously sized bedrooms and a 4-piece bath. The finished basement adds significant value with two additional bedrooms and a secondary living area. Step outside to a large backyard-an ideal setting for summer gatherings and outdoor activities. Located just a short distance from Maple Street Park, the world-famous Falls, and the vibrant tourist district, this home offers the perfect blend of space, comfort, and prime location
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2022-05-02 | 2022-06-10 | 39 | $575,000 | $535,000 |
Property Features
In-Law Suite, Water Heater
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Property Details
Address
4824 Fourth Avenue
Community
City
Postal Code
L2E 4P1
Property Type
Detached, Detached
Zoning
R2
Lot Size
35' x 150'
Taxes
$2,086 (2025
Basement
Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
None
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Listing contracted with Cmi Real Estate Inc.
Prime location on Drummond Rd in Niagara Falls, minutes to shopping, parks, restaurants, and quick access to major routes. This 1.5 storey property sits on a GC (General Commercial) zoned lot, opening the door to a range of permitted commercial and mixed-use possibilities in addition to residential use - ideal for an investor, contractor, or end user looking to add value. Being sold as-is, this is a value-add opportunity in a high-traffic, convenient corridor of Niagara Falls.
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Opportunity meets location at 4752 Crawford Place in Niagara Falls. This well-maintained detached home offers 5 bedrooms, 2 full bathrooms, and a flexible layout ideal for first-time homebuyers, multi-generational families, or investors seeking rental income potential. The main and upper levels feature bright, functional living spaces with generous bedroom sizes and a carpet-free interior, providing comfortable everyday living and room for a growing family. The finished basement with a separate walk-up entrance opens the door to additional possibilities, including an in-law suite, student housing, or extended family living. What truly sets this property apart is its prime central Niagara Falls location. Situated just a short walk to schools, the library, parks, playgrounds, and the University of Niagara Falls Canada (UNF), this home is perfectly positioned for both families and investors targeting student rental opportunities. Commuters and lifestyle buyers will appreciate being minutes from the Niagara Falls tourist district, downtown Niagara Falls, restaurants, shopping, public transit, and major highway access. Adding even more value is the rare dual zoning (R2 & GC - General Commercial), offering exceptional flexibility and the potential for short-term rental use such as Airbnb, live-work possibilities, or future investment strategies. Whether you're looking for a move-in ready starter home, a property with income potential, or a strategically located investment in Niagara Falls, this home offers space, versatility, and long-term value. A unique opportunity in one of Niagara Falls' most convenient and evolving neighbourhoods.
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