23
$649,000
5166 Morrison Street, Niagara Falls, ON L2E 2E4
Cherrywood
5+2 bd
3 ba
1,500 sf
3
3 weeks on marketMLS® X14031054
Listing courtesy of CENTURY 21 GREEN REALTY INC.
1 / 28
For saleMLS® X13172342
4865 ARMOURY Street, Niagara Falls, ON L2E 1S9
Cherrywood · L2E 1S9
$579,000
$290 / sq ft5 months on market
- Bedrooms
- 6
- Bathrooms
- 3
- Interior
- 2,000 sf
- Parking
- 2
- Lot
- 40 × 125 ft
- Age
- 51-99 years
What's special
- 2 parking spaces
- Finished basement
- Water heater
About this property
Great Investment Opportunity! Welcome to 4865 Armoury St. This vacant 3 unit home has great earning potential with one 3 bedroom and two spacious 1 bedroom apartments, allowing you to set your own rent! It also has basement finishing potential with a separate basement entrance. Within minutes to The Falls and the tourist area, schools, shops, restaurants and much more! Tons of character with bright new windows (2021) & beautiful floors (2021)New Roof (2019), Basement Waterproofing (2017). Spacious first floor unit with very large concrete porch for tenants. The second floor unit consists of a very spacious 1 BR and includes a large balcony. Walking up to the 3rd unit you will be met with another 1 bedroom loft style apartment. Huge private backyard as well as parking for 3+. With a little bit of work this property could bring great returns!
Rooms
16 rooms. Dimensions as published by the listing brokerage.
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Living Room | Ground | 4.88 × 4.45 m16.0 × 14.6 ft | — |
| Kitchen | Ground | 3.38 × 3.94 m11.1 × 12.9 ft | — |
| Dining Room | Ground | 3.30 × 3.45 m10.8 × 11.3 ft | — |
| Bedroom | Ground | 3.30 × 3.76 m10.8 × 12.3 ft | — |
| Bedroom 2 | Ground | 2.59 × 3.38 m8.5 × 11.1 ft | — |
| Bedroom 3 | Ground | 2.44 × 3.45 m8.0 × 11.3 ft | — |
| Bathroom | Ground | 2.52 × 1.83 m8.3 × 6.0 ft | — |
| Foyer | Ground | 3.50 × 2.79 m11.5 × 9.2 ft | — |
| Bedroom | Second | 3.68 × 3.47 m12.1 × 11.4 ft | — |
| Bedroom 2 | Second | 4.88 × 3.07 m16.0 × 10.1 ft | — |
| Bathroom | Second | 1.82 × 2.18 m6.0 × 7.1 ft | — |
| Kitchen | Second | 3.90 × 3.07 m12.8 × 10.1 ft | — |
| Living Room | Third | 3.86 × 3.63 m12.7 × 11.9 ft | — |
| Bedroom | Third | 4.24 × 2.44 m13.9 × 8.0 ft | — |
| Kitchen | Third | 4.17 × 2.46 m13.7 × 8.1 ft | — |
| Bathroom | Third | 2.54 × 2.16 m8.3 × 7.1 ft | — |
Features
- Water Heater
Property details
Property
- Property type
- multiplex
- Bedrooms
- 6
- Bathrooms
- 3
- Interior size
- 2,000 sq ft
- Year built
- 51-99
- Lot size
- 40 × 125 ft
- Zoning
- R2
- Possession
- Immediate
Interior
- Basement
- Unfinished
- Heating
- Forced Air · Gas
- Exposure
- North
Exterior & services
- Construction
- Aluminum Siding, Brick
- Parking spaces
- 2
- Sewer
- Sewer
Costs
- List price
- $579,000
- Property taxes
- $4,238 / year (2025)
- Price per sq ft
- $290
- Rental items
- Hot Water Heater
Listing
- MLS® number
- X13172342
- Status
- For sale
- Listed
- May 25, 2026
- Days on market
- 163
- Last updated
- October 12, 2026
- Listing brokerage
- EXP REALTY
Price & sale history
This property's sale history is hidden
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced below most comparable listings — about 24% of comparable multiplex listings in Niagara Falls are asking less.
$464KMedian $675K$1.22M
- This home
- $290 / sq ft
- Comparable median
- $420 / sq ft
Based on 29 comparable active multiplex listings in Niagara Falls. These are asking prices, not sale prices.
Mortgage estimate
Down payment5.7% · minimum $32,900
Interest rate5-year fixed, illustrative only
Amortization
- Principal & interest
- $3,019.48
- Property tax (est.)
- $353.14
- Estimated monthly
- $3,373
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $8,055
- Total due on closing
- $8,055
An estimate on the asking price of $579,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of EXP REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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Similar properties nearby
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