$274,988 - 4872 Valley Way Unit 303, Niagara Falls
Condo for Sale in Niagara Falls
Neighbourhood: 211 - Cherrywood
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- MLS Number
- X13875222
- Property Type
- Condo
- Status
- active
- Days on Site
- 15
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Niagara Falls
- Taxes (2025)
- $1,368
- Maintenance Fees
- $499/mo
- Locker
- None
- Exposure
- West
- Balcony
- Juliette
- Listing Brokerage
- REMAX CONNECT REALTY
A place of your own for $274,998, with room to cook, work and unwind. This bright spacious one-bedroom condo offers a practical way into homeownership in Niagara Falls, with downtown shops, restaurants and everyday conveniences within walking distance. Many tourist attractions including Clifton Hill, and the Skylon Tower. Close to the Canadian/USA border. Set on the third floor of a low rise building, this quiet end unit has a layout that makes everyday living comfortable. The eat-in kitchen gives you a dedicated space to prepare meals, while the separate dining room can double as a home office with room for a pull out sofa. Settle into the spacious living room with its built-in fireplace and Juliet balcony, or enjoy the natural light throughout. A double bedroom closet and additional utility/storage space help keep things organized. Laminate flooring in the living areas, ceramic tile in the kitchen and bathroom, secure building entry and an exclusive covered parking spot round out the package. If you're exploring ownership beyond the GTA, this is a home worth seeing: an approachable price, useful space and a Niagara Falls location with plenty close by.
Estimate your monthly payments for this property
Estimated Payment
$1,410.83/mo
Includes CMHC insurance ($7,672)
5-yr fixed avg.
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.
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
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.
4872 Valley Way Unit 303, Niagara Falls
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $393/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.
Market Position
At 15 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $499/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.