4755 FOURTH Ave
211 - Cherrywood, Niagara Falls, L2E 4N9
FOR SALE
$575,000
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3 + 1
BEDROOMS2
BATHROOMS1 + 1
KITCHENS7 + 4
ROOMSX11887261
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Property Description
Beautifu1 1 1/2-storey detached home in Niagara downtown, with 2 bedrooms on the main floor and an additional bedroom on the upper level, providing an ideal layout for comfortable living, includes a fully finished basement with its own kitchen and a private entrance, offering excellent rental opportunity. This home is perfect for FTHB and investors, as it is walking distance to parks, schools, shopping and short distance to the thriving tourist district, Casino, GO Train, Niagara Falls& Rainbow Bridge to U.S.!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-07-16 | 2020-07-29 | 13 | $449,000 | - | Terminated |
| 2020-07-16 | 2020-07-29 | 13 | $449,000 | - | Terminated |
| 2024-11-14 | 2024-12-09 | 25 | $599,900 | - | Terminated |
| 2019-10-22 | 2019-10-30 | 8 | $299,900 | $305,000 | Sold |
| 2020-08-08 | 2020-08-12 | 4 | $398,000 | $347,000 | Sold |
| 2019-10-22 | 2019-10-30 | 8 | $299,900 | $305,000 | Sold |
Extras
Seller does not warrant retrofit status of the Basement
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Lot Size
40' x 120'
Acreage
< .50
Fronting
West
Taxes
$2,626 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick, Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Other
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.89' x 26.15' | |
| Br | Main | 13.16' x 15.16' | |
| Br | Main | 10.83' x 12.66' | |
| Br | Bsmt | 13.39' x 10.30' | |
| Bathroom | Bsmt | 7.64' x 13.32' | |
| Rec | Bsmt | 21.82' x 19.39' | |
| Br | 2nd | 16.86' x 11.48' | |
| Sunroom | Main | 9.97' x 13.32' |
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Niagara Falls Market Statistics
Niagara Falls Price Trend
4755 FOURTH Ave is a 3-bedroom 2-bathroom home listed for sale at $575,000, which is $98,652 (20.7%) higher than the average sold price of $476,348 in the last 30 days (December 13 - January 11). During the last 30 days the average sold price for a 3 bedroom home in Niagara Falls declined by $58,049 (10.9%) compared to the previous 30 day period (November 13 - December 12) and down $94,207 (16.5%) from the same time one year ago.Inventory Change
There were 65 3-bedroom homes listed in Niagara Falls over the last 30 days (December 13 - January 11), which is up 30.0% compared with the previous 30 day period (November 13 - December 12) and up 150.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Niagara Falls typically sold ($3,876) (0.8%) below asking price over the last 30 days (December 13 - January 11), which represents a $7,690 increase compared to the previous 30 day period (November 13 - December 12) and ($26,516) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Niagara Falls over the last 30 days (December 13 - January 11) stood at 609.2%, down from 2,020.0% over the previous 30 days (November 13 - December 12) and up from 69.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Niagara Falls stood at 31 days when successfully sold over the last 30 days (December 13 - January 11), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with The Canadian Home Realty Inc.
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