5662 Morden Drive, Niagara Falls

Price: $849,990

5 bedrooms, 3 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X14104890

** Legal Duplex - Fully Renovated Solid Bungalow in Highly Desirable Neighborhood of Niagara Falls !** Excellent opportunity for first-time buyers, investors, or multi-generational families. This fully renovated legal duplex features ** 3+2 bedrooms, 2 full bathrooms + powder room, and 2 full kitchens ** , offering flexible living arrangements and excellent rental income potential. Solid brick bungalow with a separate side entrance, quality upgrades throughout, and brand-new appliances. Bright, clean, and move-in ready, this home shows exceptionally well and offers ample parking. Prime location sits directly across from Oaks Park on a quiet street, just minutes from ** Niagara Falls ** , with easy access to public transit, schools, restaurants, grocery stores, highways, and all major amenities. Massive Backyard for your Entertaining Needs. A fantastic opportunity for homeowners and investors alike.

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active
New Listing
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$849,990 - 5662 Morden Drive, Niagara Falls

Detached for Sale in Niagara Falls

New — Listed 2 days ago

Neighbourhood: 211 - Cherrywood

5Beds
3Baths
700 - 1,099Sq Ft
Detached

Want to see this home in person?

Book a private showing with Joe — pick a day and time that works for you.

Property Details
MLS Number
X14104890
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
5
Bathrooms
3
Square Feet
700 - 1,099 sqft
Neighbourhood
Niagara Falls
Lot Size
6,921 sqft
Taxes (2026)
$3,632
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC., BROKERAGE
Description

** Legal Duplex - Fully Renovated Solid Bungalow in Highly Desirable Neighborhood of Niagara Falls !** Excellent opportunity for first-time buyers, investors, or multi-generational families. This fully renovated legal duplex features ** 3+2 bedrooms, 2 full bathrooms + powder room, and 2 full kitchens ** , offering flexible living arrangements and excellent rental income potential. Solid brick bungalow with a separate side entrance, quality upgrades throughout, and brand-new appliances. Bright, clean, and move-in ready, this home shows exceptionally well and offers ample parking. Prime location sits directly across from Oaks Park on a quiet street, just minutes from ** Niagara Falls ** , with easy access to public transit, schools, restaurants, grocery stores, highways, and all major amenities. Massive Backyard for your Entertaining Needs. A fantastic opportunity for homeowners and investors alike.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,360.89/mo

Includes CMHC insurance ($23,715)

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5%10%50%

5-yr fixed avg.

Principal: $764,991Interest: $519,561
Mortgage Amount$788,706
Total Interest$519,561
Est. Property Tax$602/mo
Total Cost$1,308,267

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

5662 Morden Drive, Niagara Falls

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
4.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$602
Insurance (est.)-$177
Net Cash Flow+$2,821

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

Premium Pricing

At $1214/sqft, this property is priced above the Niagara Falls average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

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.

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.

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.

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    5662 Morden Drive, Niagara Falls | $849,990 | Battaglia Team