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For saleMLS® X13812322

5365 Portage Road, Niagara Falls, ON L2E 6B8

Cherrywood · L2E 6B8

$489,000

$445 / sq ft

1 months on market

Bedrooms
3
Bathrooms
3
Interior
1,100 sf
Parking
8
Lot
63.8 × 175 ft

What's special

  • Detached garage
  • Wall unit(s)
  • Finished basement
  • Fireplace

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About this property

Don't miss this chance to secure a flexible, income-generating property with room to expand. This property offers a unique opportunity for investors seeking rental income, workshop space, and long-term potential all within city limits. Close to Hwy, Hospital, Fall, Police Headquarters, this property is set on a large, private lot off Portage Road. , The house is partially hidden from the street offering a rare sense of seclusion. . A long private driveway provides access to multiple parking areas and a 24 x 24 insulated Quonset garage, ideal for storage, a workshop, or rental to tradespeople and small business operators. The home features: 3 bedrooms, 2.5 bathrooms, Open-concept main floor with living, dining, and kitchen. Main floor bedroom & powder room, Sunroom, mudroom, and rear deck. Hardwood flooring. The basement offers a separate entrance, a recreation room, 3-piece bathroom, laundry, and high ceilings providing potential for conversion to a secondary suite. Bonus Value: Currently tenanted, at $2250 with utilities paid by tenant, generating income from day one. The Quonset garage offers additional income potential as a rental workspace. Massive lot with fenced area, multiple parking spots, and room for equipment. Strategically located close to major highways, U.S. border, hospital, tourist attractions, and shopping, this property is ideal for a live/work setup or as part of an investment portfolio.

Features

  • None

Property details

Property

Property type
detached
Bedrooms
3
Bathrooms
3
Interior size
1,100 sq ft
Lot size
63.8 × 175 ft
Possession
Tenant needs 60 days notice

Interior

Basement
Partially Finished
Heating
Forced Air · Gas
Cooling
Wall Unit(s)
Fireplaces
1
Exposure
East

Exterior & services

Construction
Brick
Garage
Detached
Parking spaces
8
Sewer
Sewer

Costs

List price
$489,000
Property taxes
$3,097 / year (2025)
Price per sq ft
$445
Rental items
Hot Water Tank

Listing

MLS® number
X13812322
Status
For sale
Listed
September 22, 2026
Days on market
44
Last updated
September 22, 2026
Listing brokerage
QUANTUM TEAM 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 in line with comparable listings — about 53% of comparable detached listings in Cherrywood are asking less.

$379KMedian $462K$605K
This home
$445 / sq ft
Comparable median
$400 / sq ft

Based on 30 comparable active detached listings in Cherrywood. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $24,450
$24,450
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$2,568.58
Property tax (est.)
$258.08
Estimated monthly
$2,827

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
$6,255
Total due on closing
$6,255

An estimate on the asking price of $489,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of QUANTUM TEAM 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.

$489,000

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