4989 Willmott St
211 - Cherrywood, Niagara Falls, L2E 1Z9
FOR SALE
$798,990

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3 + 2
BEDROOMS3
BATHROOMS1 + 1
KITCHENS10 + 4
ROOMSX11976886
MLSIDContact Us
Property Description
Fully separate entrance basement property, with potential rental income of $3,850 plus utilities! One of the largest homes in the neighbourhood with a separate basement apartment, offering 3+2 beds, 2 kitchens (2023), and 2 laundries. The basement unit is currently tenanted, willing to stay or go. Enter through the sunroom into a spacious living and dining area, featuring a renovated kitchen with quartz countertops. The family room includes a 2-pc ensuite and walkout to a private deck and above ground pool with a shed in the backyard. The second floor offers 3 bedrooms, laundry, and a pull-down attic for extra storage. The separate entrance basement in-law/rental suite features a full eat-in kitchen, 2 spacious bedrooms, and a 3-pc bathperfect for rental income or multi-generational living. This is an ideal opportunity for end users or investors looking for strong cash flow. Recent upgrades include a new furnace, heat pump, sun roof, and insulation. Upstairs is vacant.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2021-11-05 | 2021-11-25 | 21 | $699,990 | $706,000 | Sold |
Property Features
Fenced Yard, Hospital, Park, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
34' x 120'
Fronting
North
Taxes
$3,477 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Abv Grnd
Parking Spaces
4
Driveway
Available
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Sunroom | Main | 6.69' x 18.80' | Laminate |
Living | Main | 11.91' x 11.29' | Hardwood Floor |
Dining | Main | 11.19' x 12.60' | Hardwood Floor |
Kitchen | Main | 9.48' x 12.70' | Pot Lights, Quartz Counter, Stainless Steel Appl |
Family | Main | 11.98' x 13.09' | Laminate |
Br | 2nd | 10.10' x 12.27' | Hardwood Floor |
Br | 2nd | 9.28' x 11.58' | Hardwood Floor |
Br | 2nd | 7.74' x 8.10' | Hardwood Floor |
Kitchen | Bsmt | 8.20' x 10.99' | |
Br | Bsmt | 10.50' x 11.29' | |
Br | Bsmt | 7.28' x 10.14' |
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Niagara Falls Market Statistics
Niagara Falls Price Trend
4989 Willmott St is a 3-bedroom 3-bathroom home listed for sale at $798,990, which is $236,607 (42.1%) higher than the average sold price of $562,383 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Niagara Falls declined by $32,132 (5.4%) compared to the previous 30 day period (December 22 - January 20) and up $22,328 (4.1%) from the same time one year ago.Inventory Change
There were 84 3-bedroom homes listed in Niagara Falls over the last 30 days (January 21 - February 19), which is down 3.4% compared with the previous 30 day period (December 22 - January 20) and up 64.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Niagara Falls typically sold ($15,213) (2.7%) below asking price over the last 30 days (January 21 - February 19), which represents a $2,532 decrease compared to the previous 30 day period (December 22 - January 20) and ($22,911) 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 (January 21 - February 19) stood at 35.7%, down from 36.8% over the previous 30 days (December 22 - January 20) and down from 52.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Niagara Falls stood at 47 days when successfully sold over the last 30 days (January 21 - February 19), compared to 82 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Leading Edge Realty Inc.
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