5138 Valley Way, Niagara Falls

Price: $879,999

5 bedrooms, 3 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: X13763376

Set on an 80-foot wide double lot, this impressive two-story home is located on the highly desirable Valley Way street and offers over 3500 square feet of living space. With $300k in recent renovations, this residence is ready for you to move in. The second floor boasts three generously sized bedrooms and three fully renovated bathrooms, all adorned with pot lights. Step into the newly modernized kitchen, featuring quartz countertops, a backsplash, stainlesssteel appliances, and tall upper cabinets that extend to the ceiling.A bright and spacious family room, illuminated by a large window, pot lights, and a double-door entry into the grand foyer with iron wrought spindles, welcomes you. Enjoy the electric fireplace in the living and dining rooms, which also provide walkout access to the oversized backyard, complete with an in-ground pool and a sunroom perfect for entertaining.All bathrooms have been updated with sleek stand-up glass showers. The home features new vinyl flooring throughout, eliminating the need for carpet, as well as upgraded tiles, baseboards, and trims.The basement offers a separate entrance, and the sunroom provides a relaxing space with access to both the garage and the home.

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$879,999 - 5138 Valley Way, Niagara Falls

Detached for Sale in Niagara Falls

Neighbourhood: 211 - Cherrywood

5Beds
3Baths
2,500 - 2,999Sq Ft
Detached

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Property Details
MLS Number
X13763376
Property Type
Detached
Status
active
Days on Site
28
Bedrooms
5
Bathrooms
3
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Niagara Falls
Taxes (2025)
$4,000
Listing Brokerage
RE/MAX SPECIALISTS TEAM SUKHVINDER
Description

Set on an 80-foot wide double lot, this impressive two-story home is located on the highly desirable Valley Way street and offers over 3500 square feet of living space. With $300k in recent renovations, this residence is ready for you to move in. The second floor boasts three generously sized bedrooms and three fully renovated bathrooms, all adorned with pot lights. Step into the newly modernized kitchen, featuring quartz countertops, a backsplash, stainlesssteel appliances, and tall upper cabinets that extend to the ceiling.A bright and spacious family room, illuminated by a large window, pot lights, and a double-door entry into the grand foyer with iron wrought spindles, welcomes you. Enjoy the electric fireplace in the living and dining rooms, which also provide walkout access to the oversized backyard, complete with an in-ground pool and a sunroom perfect for entertaining.All bathrooms have been updated with sleek stand-up glass showers. The home features new vinyl flooring throughout, eliminating the need for carpet, as well as upgraded tiles, baseboards, and trims.The basement offers a separate entrance, and the sunroom provides a relaxing space with access to both the garage and the home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,514.85/mo

Includes CMHC insurance ($24,552)

$
$
5%10%50%

5-yr fixed avg.

Principal: $791,999Interest: $537,904
Mortgage Amount$816,551
Total Interest$537,904
Est. Property Tax$623/mo
Total Cost$1,354,455

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

5138 Valley Way, Niagara Falls

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,950/mo
Range: $3,358 - $4,543
Cap Rate (ROI)
4.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$623
Insurance (est.)-$183
Net Cash Flow+$3,144

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 $352/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 28 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.

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.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Niagara Falls.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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.

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    5138 Valley Way, Niagara Falls | $879,999 | Battaglia Team