$999,999 - 5783 Jake Crescent, Niagara Falls
Detached for Sale in Niagara Falls
53 days on market- MLS Number
- X13048008
- Property Type
- Detached
- Status
- active
- Days on Site
- 53
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Niagara Falls
- Listing Brokerage
- EXP REALTY
Welcome to Fernwood Estates - one of Niagara's most prestigious and family-friendly neighbourhoods. Set on a quiet, sought-after crescent with a warm community vibe, this exceptional 5-bedroom executive home offers over 3500 sq. ft. of finished living space designed for comfort, style, and modern family living. Step inside to rich hardwood flooring, soaring ceilings, and a stone gas fireplace anchoring the open-concept main level. The chef-inspired kitchen features an oversized island, generous prep space, and seamless flow into the living room-ideal for busy family life and easy entertaining. Oversized patio doors open to the showpiece of the property: a resort-style backyard designed for full-season enjoyment. The stamped concrete patio with retractable overhang leads to a heated saltwater pool surrounded by elegant hardscaping, a backyard bar, and low-maintenance landscaping. This outdoor retreat is perfect for weekend gatherings, evening swims, summer celebrations, and relaxing poolside in your own private oasis. Upstairs offers four spacious bedrooms, including a primary suite with a 5-piece spa-style ensuite. A 4-piece bathroom and second-floor laundry add convenience, while an upper loft provides flexible space for an office, study zone, or lounge. The finished basement extends the home with a large recreation room, 3-piece bathroom with oversized shower, and a private 5th bedroom suited for older children, guests, or in-law potential-ideal for multigenerational living. Additional features include a double garage, tankless water heater, and a large driveway offering ample parking for active families.Close to parks, trails, schools, and community amenities, this home blends exceptional interior comfort with an impressive backyard oasis. The setting elevates daily life. So beautifully finished and designed it offers the perfect setting for families seeking space, style, and resort-quality outdoor living in one of Niagara's most desirable neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$5,130.51/mo
Includes CMHC insurance ($27,900)
5-yr fixed avg.
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.
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
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.
5783 Jake Crescent, Niagara Falls
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $500/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.
Negotiation Opportunity
At 53 days on site, this property has exceeded the typical selling timeline for Niagara Falls. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Niagara Falls.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Niagara Falls properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,167 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.