5214 Third Avenue, Niagara Falls, ON L2E 4M4
211 - Cherrywood, Niagara Falls · Near Victoria Ave & Falls Ave · View map
About this home
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.
The home
- Type
- 2-storey detached home
- Style
- 2 1/2 Storey
- Square footage
- 3500-5000 sq ft
- Bedrooms
- 5
- Bathrooms
- 3
- Kitchens
- 1
- Rooms
- 6
- Basement
- Unfinished
- Lot size
- 70 x 124.7 ft
- Faces
- West
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Stucco (Plaster)
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Radiant
- Fireplace
- Yes
Garage & parking
- Garage
- Detached
- Garage spaces
- 2
- Driveway spaces
- 6
- Total parking
- 8
Taxes & other
- Property taxes
- $4,967/yr
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- Flexible
- Cross street
- Victoria Ave & Falls Ave
- Neighbourhood
- 211 - Cherrywood
More
- Price per sq ft
- ~$164 (at 4,250 sq ft)
- MLS® number
- X13577046
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The home and its surroundings
- Storage
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
5214 Third Avenue, Niagara Falls, ON L2E 4M4
211 - Cherrywood, Niagara Falls · Near Victoria Ave & Falls Ave
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Listing history for 5214 Third Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 5214 Third Avenue
Answers come straight from this home’s MLS® listing.
How much is 5214 Third Avenue listed for, and what would it cost each month?
5214 Third Avenue is listed for $695,000. With 20% down ($139,000), the mortgage payment would be roughly $2,803 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,217 a month, all in. That figure is an illustration, not a quote.
Is 5214 Third Avenue freehold or a condo, and is there a monthly fee?
5214 Third Avenue is a 2-storey detached home in 211 - Cherrywood, Niagara Falls. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 5214 Third Avenue have?
5214 Third Avenue has 5 bedrooms and 3 bathrooms. The listing gives the style as 2 1/2 storey.
Does 5214 Third Avenue have a garage and parking?
Yes. The listing shows the garage as detached, with room for 2 cars. The driveway adds 6 spaces. In total the listing counts 8 parking spaces.
Does 5214 Third Avenue have a finished basement?
The listing describes the basement as unfinished.
What style of home is 5214 Third Avenue?
5214 Third Avenue is a 2-storey detached home. A 2-storey detached house has its living space on the main floor and the bedrooms upstairs, on its own lot with no shared walls.
How big is 5214 Third Avenue, and what is the lot size?
The listing puts the home between 3,500 and 5,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 70 x 124.7 ft.
How is 5214 Third Avenue heated and cooled?
Heating is radiant (gas). The listing does not show air conditioning.
What are the property taxes for 5214 Third Avenue?
Property taxes are $4,967 a year (2026), or about $414 a month.
Where is 5214 Third Avenue?
5214 Third Avenue is in the 211 - Cherrywood community of Niagara Falls. The nearest main intersection is Victoria Ave & Falls Ave. The postal code is L2E 4M4.
Is 5214 Third Avenue still for sale?
Yes. It is an active listing (MLS® X13577046). Listings here update from the board through the day and come down once a home sells.
What are similar detached homes near 5214 Third Avenue asking?
Similar detached homes for sale nearby right now include 5285 THIRD Avenue at $499,900 (4 bed), 4664 Homewood Avenue at $588,000 (5+1 bed) and 5020 Mcrae Street at $599,999 (4+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 5214 Third Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 5214 Third Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar detached homes nearby
More detached homes for sale near 211 - Cherrywood, picked by style, size and price.
2-storey detached home$499,9005285 THIRD Avenue, Niagara Falls4 bed · 2 bath · 211 - CherrywoodCourtesy of: BOLDT REALTY INC., BROKERAGEView home →
2-storey detached home$588,0004664 Homewood Avenue, Niagara Falls5+1 bed · 3 bath · 211 - CherrywoodCourtesy of: HOMELIFE LANDMARK REALTY INC.View home →
2-storey detached home$599,9995020 Mcrae Street, Niagara Falls4+1 bed · 3 bath · 211 - CherrywoodCourtesy of: ROYAL LEPAGE NRC REALTYView home →Courtesy of: HOMELIFE/MIRACLE REALTY LTD
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.