Detached House for sale at 5298 Ottawa Avenue, Niagara Falls, Ontario, L2E 4Y8 - Cherrywood - MLS: X13066064

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5298 Ottawa Avenue

Niagara Falls, Ontario, L2E 4Y8 - Cherrywood

$389,000

Neighbourhood

Cherrywood
Major Intersection

STANLEY AVE

Listed Since: 18 day(s)
Last update: 2 day(s) ago

Overview

Property Type

Detached, 1 1/2 Storey
Bedrooms

3
Bathrooms

1
Basement

None
Kitchen

1
Total Parking

2
Lot Size

40x115 (Feet)
Taxes

$2,388.00 (2025)
Type

Freehold

Property Description

Property description for 5298 Ottawa Avenue, Niagara Falls

Amazing Opportunity ! Just a short walk from the world-famous Niagara Falls and all the excitement of the tourist district, this charming storey-and-a-half detached home at 5298 Ottawa Avenue is a fantastic opportunity for first-time buyers and savvy investors alike! Set on a generous 40 x 115-foot fenced lot, this approximately 1,300 sq ft home features three bedrooms-a primary bedroom on the main floor and two bright, sun-filled bedrooms upstairs. Enjoy relaxing in the spacious four-piece bath, complete with a Jacuzzi tub and stand-up shower. The good-sized eat-in kitchen offers ample cabinet space and room for a kitchen table, making it ideal for everyday living and entertaining. A fantastic bonus room addition provides flexibility as a sitting room, home office, playroom, or even an additional bedroom. Step outside to discover an ideal outdoor entertaining space: access the deck from the back door, which complements the beautiful above-ground pool surrounded by a spacious deck-perfect for warm weather enjoyment and gatherings with family and friends. With a durable steel roof ensuring long-term peace of mind and potential insurance savings, along with a fenced yard, this home is a true gem. With strong short-term rental potential in one of Canada's top tourist destinations, this is your chance to build equity in a high-demand location! Listed at $429,000. Don't miss your opportunity-schedule a showing today!

Listed by REAL BROKER ONTARIO LTD.

Property details

MLS #

X13066064
Sq. Ft

1100-1500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

Abv Grnd
Drive

Other
Garage

None
Total Parking

2
Family Room

Y
Den

Y
Exterior

Alum Siding
Fireplace

N
Roof

Metal
Foundation

Poured Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

X13066064
Sq. Ft

1100-1500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

Abv Grnd
Drive

Other
Garage

None
Total Parking

2
Family Room

Y
Den

Y
Exterior

Alum Siding
Fireplace

N
Roof

Metal
Foundation

Poured Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Kitchen

14.5 x 11.3 ft Main level
Living

11.6 x 16.5 ft Main level
Br

16.4 x 8.1 ft Main level
2nd Br

11.7 x 14.6 ft 2nd level
3rd Br

11.2 x 14.5 ft 2nd level
Great Rm

13.0 x 14.5 ft Main level
Utility

13.7 x 8.2 ft Main level
Bathroom

11.3 x 8.7 ft Main level

4 Pc Bath

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Local Real Estate Price Trends for Detached in Cherrywood

Active listings

Average Selling Price of a Detached

April 2026

$405,800

Last 3 Months

$451,017

Last 12 Months

$463,333

April 2025

$489,833

Last 3 Months LY

$485,430

Last 12 Months LY

$509,340

Change

-17%

Change

-7%

Change

-9%

How many days Detached takes to sell (DOM)

April 2026

Last 3 Months

Last 12 Months

April 2025

Last 3 Months LY

Last 12 Months LY

Change

346%

Change

-6%

Change

-5%

Average Selling price

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.