4842 Fourth Avenue, Niagara Falls

Price: $375,000

3 bedrooms, 1 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13697202

Great opportunity! Welcome to 4842 Fourth Avenue in Niagara Falls. This 2 storey home offers over 1300 sq ft, 3bedrooms, 1 bathroom, and a detached garage nestled in a quiet, family friendly neighbourhood. Close to parks, schools, the tourist district, and GO Transit, and just a 5-minute drive to the Falls. The main floor offers a bright, open concept living and dining area, along with a functional kitchen overlooking the backyard. A cozy living room and another space provides flexibility for an office or additional bedroom. Upstairs features three comfortable bedrooms and a full bathroom. The full basement offers plenty of room for storage. 4842 Fourth Avenue is your chance to own rather than rent. Now is the time to make this Your Niagara Home.

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New Listing
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$375,000 - 4842 Fourth Avenue, Niagara Falls

Detached for Sale in Niagara Falls

New — Listed 3 days ago

Neighbourhood: 211 - Cherrywood

3Beds
1Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13697202
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
1
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Niagara Falls
Listing Brokerage
RE/MAX GARDEN CITY REALTY INC.
Description

Great opportunity! Welcome to 4842 Fourth Avenue in Niagara Falls. This 2 storey home offers over 1300 sq ft, 3bedrooms, 1 bathroom, and a detached garage nestled in a quiet, family friendly neighbourhood. Close to parks, schools, the tourist district, and GO Transit, and just a 5-minute drive to the Falls. The main floor offers a bright, open concept living and dining area, along with a functional kitchen overlooking the backyard. A cozy living room and another space provides flexibility for an office or additional bedroom. Upstairs features three comfortable bedrooms and a full bathroom. The full basement offers plenty of room for storage. 4842 Fourth Avenue is your chance to own rather than rent. Now is the time to make this Your Niagara Home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,923.94/mo

Includes CMHC insurance ($10,463)

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5%10%50%

5-yr fixed avg.

Principal: $337,500Interest: $229,221
Mortgage Amount$347,963
Total Interest$229,221
Est. Property Tax$266/mo
Total Cost$577,183

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: 211 - Cherrywood

Discover 211 - Cherrywood

211 - Cherrywood is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in 211 - Cherrywood

  • Convenient location in Niagara Falls
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

211 - Cherrywood offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

4842 Fourth Avenue, Niagara Falls

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
7.9%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$266
Insurance (est.)-$78
Net Cash Flow+$2,456

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $341/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Niagara Falls's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Niagara Falls are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About 211 - Cherrywood

I know 211 - Cherrywood well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    4842 Fourth Avenue, Niagara Falls | $375,000 | Battaglia Team