5365 Portage
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$529,000

5365 Portage

Niagara Falls (Cherrywood), Ontario, L2E6B8

Active
3
Bedrooms
3
Bathrooms
16
Parking

About This Property

This 3-bedroom, 3-bathroom single family in Niagara Falls (Cherrywood) is available for your consideration. The home features wall unit, a unfinished, full basement, a fireplace.

MLS Remarks

This unique property offers an exceptional opportunity for investors seeking rental income, workshop space, and long-term potential all within city limits. Set on a large, private lot off Portage Road, the home is not visible from the street, offering a rare sense of seclusion while still connected to full city services. A long private driveway provides access to multiple parking areas and a 24 x 24 insulated Quonset garage, ideal for storage, a workshop, or rental to tradespeople and small business operators. The home features: 3 bedrooms, 2.5 bathrooms, Open-concept main floor with living, dining, and kitchen. Main floor bedroom & powder room, Sunroom, mudroom, and rear deck. Hardwood flooring. The basement offers a separate entrance, a recreation room, 3-piece bathroom, laundry, and high ceilings providing potential for conversion to a secondary suite. Bonus Value: Currently tenanted, generating income from day one. The Quonset garage offers additional income potential as a rental workspace. Massive lot with fenced area, multiple parking spots, and room for equipment. Strategically located close to major highways, U.S. border, hospital, tourist attractions, and shopping, this property is ideal for a live/work setup, multi-use investment, or as part of a rental portfolio. Don't miss this chance to secure a flexible, income-generating property with room to expand. (id:60351)

Overview

Property Typeresidential
Sub-Typesingle family
StatusActive
MLS #X12443477

Interior

CoolingWall unit
AppliancesWasher, Refrigerator, Dryer
FireplaceYes
BasementUnfinished, Full

Exterior

Exterior FeaturesBrick

Parking

Total Spaces16

Fees & Taxes

Annual Taxes$3,097

Listing Information

MLS#: X12443477


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

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Mortgage Calculator

$
$105,800
5%20%50%
Estimated Monthly Payment
$2,352
/month
Mortgage
$423,200
Total Interest
$282,485

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$7,055
Total Due on Closing$7,055

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

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5365 Portage Niagara Falls (Cherrywood) — $529,000 — Not A Dream Realty | Not A Dream Realty