5920 SILVERWOOD Cres

FOR SALE
$719,900
5920 SILVERWOOD Cres, Niagara Falls
5920 SILVERWOOD Cres
5920 SILVERWOOD Cres
5920 SILVERWOOD Cres
5920 SILVERWOOD Cres
5920 SILVERWOOD Cres
5920 SILVERWOOD Cres
5920 SILVERWOOD Cres
5920 SILVERWOOD Cres
5920 SILVERWOOD Cres
5920 SILVERWOOD Cres
5920 SILVERWOOD Cres
5920 SILVERWOOD Cres
5920 SILVERWOOD Cres
5920 SILVERWOOD Cres
5920 SILVERWOOD Cres
5920 SILVERWOOD Cres
5920 SILVERWOOD Cres
5920 SILVERWOOD Cres
5920 SILVERWOOD Cres
5920 SILVERWOOD Cres
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5920 SILVERWOOD Cres
5920 SILVERWOOD Cres
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5920 SILVERWOOD Cres
5920 SILVERWOOD Cres
5920 SILVERWOOD Cres
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5920 SILVERWOOD Cres
5920 SILVERWOOD Cres
5920 SILVERWOOD Cres
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5920 SILVERWOOD Cres
5920 SILVERWOOD Cres
5920 SILVERWOOD Cres
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3 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
7 + 4
ROOMS
X11993113
MLSID
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Property Description
**Ideal Home for Investors and Buyers Seeking Rental Income!**Welcome to 5920 Silverwood Crescent, a beautifully updated brick bungalow located in the highly sought-after North End of Niagara Falls. This property offers a fantastic opportunity for buyers looking for additional rental income or investors seeking a turnkey investment.This stunning home features a separate entrance leading to a fully finished basement, which includes a cozy bedroom, a 3-piece bathroom, laundry w/appliances, a fully equipped kitchen, and a comfortable living spaceperfect for guests or tenants.On the main floor, you will find three spacious bedrooms and a modern 4-piece bathroom with a newly tiled shower. The updated kitchen boasts quartz countertops and stainless steel appliances, flowing seamlessly into an open-concept living and dining area that is filled with natural light.This home has been renovated from top to bottom, with numerous updates including a new electrical panel, updated flooring (tiles and vinyl) throughout, new doors, trim, baseboards and trim, fresh paint, new appliances, a renovated basement kitchen, new eavestroughs, and enhanced exterior landscaping that includes the removal of overgrown trees.This is a great opportunity to own a beautifully updated home in a prime location!Please contact us today to book your showing!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-11-15 2022-12-26 41 $759,900 - Terminated
2023-10-10 2023-12-01 52 $779,900 - Terminated
2023-12-01 2023-12-20 19 $699,000 - Terminated
2022-12-26 2022-12-29 3 $759,900 - Terminated
2022-11-15 2022-12-26 41 $759,900 - Terminated
2023-12-01 2023-12-20 19 $699,000 - Terminated
2022-12-26 2022-12-29 3 $759,900 - Terminated
2023-12-26 2024-01-23 28 $3,000 $2,850 Leased
2023-10-10 2023-12-01 52 $779,900 - Terminated
2023-12-26 2024-01-23 28 $3,000 $2,850 Leased
2023-12-26 2024-01-23 28 $3,000 $2,850 Leased
2023-12-26 2024-01-23 28 $3,000 $2,850 Leased
2023-12-26 2024-01-23 28 $3,000 $2,850 Leased
2023-12-26 2024-01-23 28 $3,000 $2,850 Leased
2023-12-26 2024-01-23 28 $3,000 $2,850 Leased
2023-12-26 2024-01-23 28 $3,000 $2,850 Leased
2023-12-26 2024-01-23 28 $3,000 $2,850 Leased
2023-12-26 2024-01-23 28 $3,000 $2,850 Leased
2023-12-26 2024-01-23 28 $3,000 $2,850 Leased
2023-12-26 2024-01-23 28 $3,000 $2,850 Leased
2023-12-26 2024-01-23 28 $3,000 $2,850 Leased
2023-01-05 2023-03-25 79 $699,900 - Terminated
2023-12-26 2024-01-23 28 $3,000 $2,850 Leased
2023-08-03 2023-09-23 51 $829,900 - Terminated
2023-10-10 2023-12-01 52 $779,900 - Terminated
2023-12-01 2023-12-20 19 $699,000 - Terminated
2023-01-16 2023-05-08 112 $699,900 - Terminated
2022-06-23 2022-10-31 132 $829,900 - Expired
2022-06-02 2022-06-25 23 $919,900 - Terminated
2022-02-01 2022-02-07 6 $679,000 $733,500 Sold
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
59' x 105'
Acreage
< .50
Fronting
East
Taxes
$3,239 (2024)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain17.16' x 20.01'
DiningMain10.76' x 10.01'
KitchenMain10.76' x 10.76'
Prim BdrmMain13.09' x 13.32'
BrMain10.33' x 13.32'
BrMain10.60' x 13.32'
BathroomMain10.60' x 5.25'Tile Floor
BathroomBsmt8.33' x 4.92'
BrBsmt9.51' x 10.07'
LivingBsmt20.24' x 28.18'
KitchenLower8.50' x 9.09'
Niagara Falls Market Statistics
Niagara Falls Price Trend
5920 SILVERWOOD Cres is a 3-bedroom 2-bathroom home listed for sale at $719,900, which is $157,517 (28.0%) 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 2-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 Peak Group Realty Ltd.
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