4980 Jepson St
211 - Cherrywood, Niagara Falls, L2E 1K2
FOR SALE
$999,000
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6 + 2
BEDROOMS4
BATHROOMS2
KITCHENS9 + 3
ROOMSX11905556
MLSIDContact Us
Property Description
Welcome to this one-of-a-kind character home, fully renovated in 2024, boasting over 4000 sq. ft. of beautifully designed living space that combines charm and contemporary convenience. Abundant natural light flows throughout the homes spacious rooms, creating a warm and inviting atmosphere for all to enjoy. Step into a welcoming foyer that opens to a light-filled living room, a formal dining room, a dedicated office space, and a chef-inspired kitchen. The main floor also features a separate back entrance to the backyard and side entrance for added accessibility and convenience. Ascend to the second floor, where you'll find a generously sized storage area, a luxurious 5-piece bath, and three spacious bedrooms ideal for family living. The top level offers a self-contained unit, complete with a kitchen, laundry facilities, one bedroom, and an office, providing even more flexibility for multi-generational living or additional rental opportunities. The property includes a massive 600 sq. ft. detached garage in the backyard, ideal for storage, workshops, or additional parking. Situated in an unbeatable Niagara Falls location , this home is close to all amenities, renowned attractions, the stunning Niagara Falls itself, and the scenic Niagara River Parkway. The remarkable property offers endless potential whether as a primary residence or investment opportunity. Don't miss your chance to own a true gem in NIagara Falls!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-11-18 | 2025-01-07 | 50 | $999,000 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Detached, 2 1/2 Storey
Approximate Sq.Ft.
2500-3000
Lot Size
50' x 115'
Fronting
South
Taxes
$3,240 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Detached
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Niagara Falls Market Statistics
Niagara Falls Price Trend
4980 Jepson St is a 6-bedroom 4-bathroom home listed for sale at $999,000, which is $68,000 (7.3%) higher than the average sold price of $931,000 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 6 bedroom home in Niagara Falls declined by $306,500 (24.8%) compared to the previous 30 day period (November 19 - December 18) and up $228,500 (32.5%) from the same time one year ago.Inventory Change
There were 1 6-bedroom homes listed in Niagara Falls over the last 30 days (December 19 - January 17), which is down 0.0% compared with the previous 30 day period (November 19 - December 18) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in Niagara Falls typically sold $53,366 (5.7%) above asking price over the last 30 days (December 19 - January 17), which represents a $26,684 decrease compared to the previous 30 day period (November 19 - December 18) and ($22,400) 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 6-bedroom homes in Niagara Falls over the last 30 days (December 19 - January 17) stood at 300.0%, up from 200.0% over the previous 30 days (November 19 - December 18) and up from 200.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 4-bathroom home in Niagara Falls stood at 75 days when successfully sold over the last 30 days (December 19 - January 17), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Nrc Realty
Similar Listings
Welcome to 5241 Kitchener St, located in the heart of Niagara Falls, walking distance to the falls and Tourist Area. This unique house renovated recently, updated from top to the bottom. Seven bedrooms Five bathrooms in total, First Floor: 3 bedrooms one en-suite bathroom one bathroom, one bedroom set up as kid playing room now. Second floor: 2 bedrooms, 1 bathroom, extra living room with TV. Basement 2 bedrooms, 2 ensuite bathrooms. Full size kitchen, Quartz countertop. Separate entrance have potential of in-law suite. Zoning is TC.Good for the first home buyer to rent out part of the house to cover the mortgage, also good for the investor. Furnitures are negotiable. Easy to reach School, QEW and Shopping Centre.
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