5043 UNIVERSITY Ave
212 - Morrison, Niagara Falls, L2E 7B2
FOR SALE
$599,900
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3
BEDROOMS2
BATHROOMS1
KITCHENS8 + 3
ROOMSX11824496
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Property Description
Welcome to 5043 University Avenue! This charming original owner home is being offered to the market for the first time. Situated in a sought after neighbourhood area located within close proximity to major amenities with the convenience of quick easy access to the QEW. Pride of ownership is evident throughout this well maintained home. Upon entering you are greeted in the foyer with an abundance of natural light through the large windows giving the home a very spacious open feeling. The upper level offers a living room, formal dinning area, 3 piece bathroom, an eat-in kitchen with gas stove and 3 generous size bedrooms. Plenty of room for a large or growing family. The lower offers high ceilings, large windows and a walk up with a fully covered separate entrance. Perfect for a future in-law suite. Enjoy the serenity of the backyard oasis with its covered patio perfect for morning coffee or summer gatherings. Be sure not to miss the English inspired "Hideaway Garden". Tons of love, character and craftsmanship throughout this fantastic home. This is one of those properties you have to see in person to get its true appreciation. Book your own private viewing today!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-18 | 2024-12-02 | 45 | $624,900 | - | Terminated |
| 2024-09-30 | 2024-10-10 | 10 | $649,900 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Detached, Bungalow-Raised
Lot Size
40' x 119'
Acreage
< .50
Fronting
West
Taxes
$3,492 (2024)
Basement
Sep Entrance, Walk-Up
Exterior
Brick, Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 4.33' x 8.99' | |
| Living | Main | 11.84' x 17.49' | |
| Dining | Main | 8.99' x 9.91' | |
| Kitchen | Main | 8.99' x 11.15' | |
| Bathroom | Main | 4.49' x 10.66' | |
| Br | Main | 8.43' x 8.99' | |
| Br | Main | 10.99' x 12.50' | |
| Br | Main | 10.93' x 11.84' | |
| Family | Lower | 15.49' x 20.24' | |
| Bathroom | Lower | 7.09' x 7.41' | |
| Laundry | Lower | 7.51' x 8.33' |
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Niagara Falls Market Statistics
Niagara Falls Price Trend
5043 UNIVERSITY Ave is a 3-bedroom 2-bathroom home listed for sale at $599,900, which is $123,552 (25.9%) 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 Exp Realty
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