5892 Murray Street, Niagara Falls

Price: $549,000

3 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13863732

Welcome to this spacious detached 3-bedroom, 2.5-bathroom home situated in a desirable Niagara Falls location. Offering generous living space inside and out, this property is a great opportunity for families, first-time buyers, investors, or anyone looking for room to grow. One of the standout features is the bright and spacious sunroom, surrounded by large windows that fill the space with natural light and provide additional living space for relaxing or entertaining. The finished basement offers even more flexibility for a recreation room, family room, home office, gym, or additional living space. Step outside to an exceptionally large lot with no rear neighbours, offering privacy and plenty of room for children, pets, gardening, outdoor activities, or creating your own backyard retreat. The property also features a deck for outdoor dining and entertaining, a detached single-car garage providing secure parking and additional storage, and a separate storage shed. Located within walking distance of Niagara Falls and close to attractions, restaurants, entertainment, parks, and everyday amenities. With its 3 bedrooms, 2.5 bathrooms, bright sunroom, finished basement, large private backyard, deck, detached garage, and storage shed, this home offers an excellent combination of space, functionality, and location. Heat pump installed (2023), Furnace (2018), Roof (2010), Sunroom addition (2018) - Vacant home easy to show

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active
New Listing
1/46

$549,000 - 5892 Murray Street, Niagara Falls

Detached for Sale in Niagara Falls

New — Listed 2 days ago

Neighbourhood: 216 - Dorchester

3Beds
3Baths
1,100 - 1,499Sq Ft
Detached

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Property Details
MLS Number
X13863732
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Niagara Falls
Taxes (2025)
$3,805
Listing Brokerage
REVEL Realty Inc., Brokerage
Description

Welcome to this spacious detached 3-bedroom, 2.5-bathroom home situated in a desirable Niagara Falls location. Offering generous living space inside and out, this property is a great opportunity for families, first-time buyers, investors, or anyone looking for room to grow. One of the standout features is the bright and spacious sunroom, surrounded by large windows that fill the space with natural light and provide additional living space for relaxing or entertaining. The finished basement offers even more flexibility for a recreation room, family room, home office, gym, or additional living space. Step outside to an exceptionally large lot with no rear neighbours, offering privacy and plenty of room for children, pets, gardening, outdoor activities, or creating your own backyard retreat. The property also features a deck for outdoor dining and entertaining, a detached single-car garage providing secure parking and additional storage, and a separate storage shed. Located within walking distance of Niagara Falls and close to attractions, restaurants, entertainment, parks, and everyday amenities. With its 3 bedrooms, 2.5 bathrooms, bright sunroom, finished basement, large private backyard, deck, detached garage, and storage shed, this home offers an excellent combination of space, functionality, and location. Heat pump installed (2023), Furnace (2018), Roof (2010), Sunroom addition (2018) - Vacant home easy to show

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,816.65/mo

Includes CMHC insurance ($15,317)

$
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5%10%50%

5-yr fixed avg.

Principal: $494,100Interest: $335,579
Mortgage Amount$509,417
Total Interest$335,579
Est. Property Tax$389/mo
Total Cost$844,996

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: 216 - Dorchester

Discover 216 - Dorchester

216 - Dorchester 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 216 - Dorchester

  • •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

216 - Dorchester 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

5892 Murray Street, 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)
5.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$389
Insurance (est.)-$114
Net Cash Flow+$2,297

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 $499/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.

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 216 - Dorchester

I know 216 - Dorchester 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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    5892 Murray Street, Niagara Falls | $549,000 | Battaglia Team