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For saleMLS® X13859490

5124 Morrison Street, Niagara Falls, ON L2E 2E1

Cherrywood · L2E 2E1

$825,000

$192 / sq ft

1 months on market

Total area
4,300 sf
Lot
80.35 × 120.28 ft

What's special

  • Yes

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About this property

Income Generating Retail Store Space and Residential Rental Space Upstairs! 4300sq ft PLUS 1700sqft Basement area! Very Sought After Area in Niagara Falls, Don't Miss This Opportunity to Own a Large Lot, with High Traffic, Great Exposure and Take on Immediate Rental Income. Residential Area Upstairs, Storefront on Main Level, New Roof, New Windows, 8 Car Parking Lot.

Property details

Property

Property type
retail
Interior size
4,300 sq ft
Lot size
80.35 × 120.28 ft
Zoning
R2
Possession
30-59 days

Interior

Heating
Gas Hot Water
Cooling
Yes

Costs

List price
$825,000
Property taxes
$5,000 / year (2025)
Price per sq ft
$192

Listing

MLS® number
X13859490
Status
For sale
Listed
October 4, 2026
Days on market
32
Last updated
October 14, 2026
Listing brokerage
EMERALD REALTY GROUP LTD

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 retail listings in Niagara Falls are asking less.

$413Median $799K$2.46M
This home
$192 / sq ft
Comparable median
$152 / sq ft

Based on 43 comparable active retail listings in Niagara Falls. These are asking prices, not sale prices.

Mortgage estimate

Down payment7.0% · minimum $57,500
$57,500
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$4,243.64
Property tax (est.)
$416.67
Estimated monthly
$4,660

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
$12,975
Total due on closing
$12,975

An estimate on the asking price of $825,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of EMERALD REALTY GROUP LTD. 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.

$825,000

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