5056 Fourth Avenue, Niagara Falls

Price: $439,000

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13455868

Charming 4-bedroom home offering exceptional value at $439,000. Featuring high ceilings, hardwood flooring, and spacious principal rooms, this home blends character with everyday functionality. The updated kitchen showcases quartz countertops and provides access to a low-maintenance backyard. A unique feature of the home is the separate front entrance leading to the main-floor bedroom and access to the partially finished basement, offering added flexibility for multi-generational living, a home-based business, or potential investment opportunities. The main-floor bedroom can also serve as a guest room, office, or additional living space. Upstairs, you'll find three bedrooms, a spacious landing ideal for a study or workspace, and a 4 piece bathroom with a deep soaker tub. The partially finished basement includes a rec room, 2 piece bath, and laundry area. Conveniently located within walking distance of downtown amenities, schools, parks, restaurants, and shopping, with quick highway access for commuters. A great opportunity for first-time buyers, growing families, or investors looking for a property with flexibility and potential.

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New Listing
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$439,000 - 5056 Fourth Avenue, Niagara Falls

Detached for Sale in Niagara Falls

New — Listed 2 days ago
4Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13455868
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Niagara Falls
Listing Brokerage
MICHAEL ST.JEAN REALTY INC.
Description

Charming 4-bedroom home offering exceptional value at $439,000. Featuring high ceilings, hardwood flooring, and spacious principal rooms, this home blends character with everyday functionality. The updated kitchen showcases quartz countertops and provides access to a low-maintenance backyard. A unique feature of the home is the separate front entrance leading to the main-floor bedroom and access to the partially finished basement, offering added flexibility for multi-generational living, a home-based business, or potential investment opportunities. The main-floor bedroom can also serve as a guest room, office, or additional living space. Upstairs, you'll find three bedrooms, a spacious landing ideal for a study or workspace, and a 4 piece bathroom with a deep soaker tub. The partially finished basement includes a rec room, 2 piece bath, and laundry area. Conveniently located within walking distance of downtown amenities, schools, parks, restaurants, and shopping, with quick highway access for commuters. A great opportunity for first-time buyers, growing families, or investors looking for a property with flexibility and potential.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,252.30/mo

Includes CMHC insurance ($12,248)

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5-yr fixed avg.

Principal: $395,100Interest: $268,341
Mortgage Amount$407,348
Total Interest$268,341
Est. Property Tax$311/mo
Total Cost$675,689

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Niagara Falls

Discover Niagara Falls

Niagara Falls is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Niagara Falls

  • Convenient location in Niagara Falls
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Niagara Falls offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

5056 Fourth Avenue, Niagara Falls

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
7.6%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$311
Insurance (est.)-$91
Net Cash Flow+$2,798

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $399/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Niagara Falls's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Niagara Falls are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Niagara Falls. Good resale value as demand remains consistent.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    5056 Fourth Avenue, Niagara Falls | $439,000 | Battaglia Team