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5214 Third Avenue

211 - Cherrywood / Niagara Falls, ON L2E 4M4

NewActiveFor Sale
5 Beds
3 Baths
3,500 Sq Ft
Single Family Home

About This Property

Welcome to 5214 Third Avenue! This magnificent 4, 000-square-foot residence sits proudly on an impressive 125' x 70' corner lot, offering unparalleled curb appeal, expansive outdoor space, and three levels of sophisticated family living. The exterior features a rare, massive parking setup, including a detached two-car garage for secure storage and a large private driveway that easily accommodates six additional vehicles. The main floor is a masterclass in functional design, centered around a grand living area that serves as the perfect heart of the home for large family gatherings. A gourmet kitchen flows seamlessly into the dining room for effortless hosting, while a sun-drenched sunroom provides a serene sanctuary looking out over your massive yard. This main level also includes a private study room, ideal for professionals working from home, and a highly coveted mudroom transition space to keep the busy household organized. The upper levels offer unmatched privacy and layout flexibility. The second floor serves as a dedicated family retreat featuring four generous, bright bedrooms with excellent closet storage and two well-appointed full washrooms. Ascending to the private third-floor retreat, you will find an incredible bonus level complete with an open-concept loft-perfect for a media room or kids' play area-and a fifth private bedroom featuring its own attached washroom. With five bedrooms, three bathrooms, a dedicated office, and rare parking capacity, this corner-lot property is an exceptional find. This premium property is a goldmine for savvy investors, builders, and developers, boasting incredible fourplex conversion potential alongside the rare opportunity for a future lot severance. Buyers are to do their own due diligence regarding severance possibilities.

Property Details

StatusActive
Property TypeSingle Family Home
Listing TypeFor Sale
Interior Size3,500 sq ft
Bedrooms5
Bathrooms3
ListedJuly 17, 2026
Postal CodeL2E 4M4

Features & Amenities

  • View
  • Fireplace
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13577046

Listed by HOMELIFE/MIRACLE REALTY LTD

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$695,000

asking price

MLS®X13577046
TypeSingle Family Home
CityNiagara Falls
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$3,394

/month · $556,000 mortgage

Down Payment20% — $139,000
Interest Rate5.5%

Amortization

Total Interest

$462,133

Total Cost

$1,018,133

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

HOMELIFE/MIRACLE REALTY LTD