DAVIDS&DELAAT
5214 Third Avenue
+45 more

5214 Third Avenue, Niagara Falls, ON

$695,000
For Sale

L2E 4M4

Listed July 17, 2026

5Bedrooms
3Bathrooms
3,500Sq. Ft.

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.

Features

FireplaceBasement

Property Details

Listing

MLS® NumberX13577046
StatusFor Sale
ListedJuly 17, 2026
Listing TypeFor Sale
Listing OfficeHOMELIFE/MIRACLE REALTY LTD

Property

Property TypeSingle Family Home
Interior Size3,500 ft²
Bedrooms5
Bathrooms3

Location

Community211 - Cherrywood
CityNiagara Falls
ProvinceON
Postal CodeL2E 4M4

Taxes & Financials

Asking Price$695,000
Property Taxes (2026)$4,967/yr

Cost of Ownership Calculator

What it could cost each month to own 5214 Third Avenue — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.

Your mortgage

$139,000 · Minimum $44,500

Use the rate your lender or broker quotes you.

Monthly costs

From the listing (2026 tax bill).

Leave at $0 if there isn't one.

Typical for this kind of home.

Hydro, heating, water and sewer.

About 1% of the price a year, set aside.

One-time costs

A typical estimate — your lawyer will confirm.

Estimated monthly cost of ownership

$4,522/mo

About $54,264 a year

  • $3,074
  • $414
  • Home insurance$125
  • Utilities$330
  • Maintenance & repairs$579

Cash needed to close

Down payment (20%)
$139,000
Ontario land transfer tax
$10,375
Legal fees, title insurance & inspectionEstimate
$2,500
Total
$151,875

Estimates only — not a mortgage approval, quote or tax advice. Payments assume a fixed rate compounded semi-annually; minimum down payments, mortgage insurance and land transfer tax follow current CMHC and Ontario rules. Insurance, utilities and upkeep are typical figures for the area. Your lender, lawyer and insurer will confirm your exact costs.

Location & Walkability

5214 Third Avenue, Niagara Falls, ON

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Last Updated: July 17, 2026

Listing Office: HOMELIFE/MIRACLE REALTY LTD

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