5020 Fifth Ave

Niagara Falls, L2E 4S5
FOR SALE
$535,000
5020 Fifth Ave, Niagara Falls
5020 Fifth Ave
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3 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
7 + 3
ROOMS
X9419371
MLSID
Contact Us
Property Description
Welcome to this bright and spacious 3-bedroom, 2-bathroom home, full of mid-century charm with its original wood trim and baseboards and modern comforts. Featuring large, sun-filled windows, this home offers an abundance of natural light throughout. The main floor boasts an open-concept feel, with a large living room highlighted by a beautiful picture window and original hardwood floors, perfect for relaxing or entertaining. The updated kitchen features an island, ample counter space, and large windows, making it both functional and stylish. The formal dining area stuns, complete with a brick accent wall and a cozy gas fireplace, perfect for family gatherings or dinner parties. Downstairs, the partially finished basement offers additional living space with a separate entrance. The newly renovated 3-piece bathroom includes a stunning walk-in shower, and there is a spacious rec room with potential for a fourth bedroom. Outside, you'll find a detached oversized 1.5-car garage with heat and hydro, perfect for a workshop or additional storage. There is also a covered deck attached to the garage, ideal for outdoor dining or relaxing year-round. This home is a perfect blend of timeless charm and modern amenities. Don't miss the opportunity to make it yours!
Property Details
Street
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
38' x 120'
Acreage
< .50
Fronting
East
Taxes
$1,686 (2024)
Basement
Full, Sep Entrance
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
KitchenMain10.01' x 12.01'
DiningMain11.68' x 12.50'
LivingMain13.58' x 17.59'
Prim Bdrm2nd11.09' x 16.40'
Br2nd8.99' x 9.74'
2nd Br2nd8.60' x 10.01'
BrBsmt10.01' x 10.01'
RecBsmt10.01' x 10.01'
Niagara Falls Market Statistics
Niagara Falls Price Trend
5020 Fifth Ave is a 3-bedroom 2-bathroom home listed for sale at $535,000, which is $108,448 (16.9%) lower than the average sold price of $643,448 in the last 30 days (October 2 - October 31). During the last 30 days the average sold price for a 3 bedroom home in Niagara Falls declined by $24,910 (3.7%) compared to the previous 30 day period (September 2 - October 1) and down $12,827 (2.0%) from the same time one year ago.
Inventory Change
There were 66 3-bedroom homes listed in Niagara Falls over the last 30 days (October 2 - October 31), which is down 26.7% compared with the previous 30 day period (September 2 - October 1) and down 7.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Niagara Falls typically sold ($19,290) (3.0%) below asking price over the last 30 days (October 2 - October 31), which represents a $6,637 decrease compared to the previous 30 day period (September 2 - October 1) and ($19,103) less 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 (October 2 - October 31) stood at 121.2%, up from 43.3% over the previous 30 days (September 2 - October 1) and up from 40.8% 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 (October 2 - October 31), compared to 41 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Niagara Realty Ltd.
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