4741 First Ave
Cherrywood, Niagara Falls
$482,900
Buy with Dwelly and Save $4,829
Home Details
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Listing Description
Attention Builders, Investors & Renovators!Fantastic opportunity to acquire a valuable 70' x 150' lot with an existing home-ideal for redevelopment or investment. The sellers have already completed the pre-consultation process with the City of Niagara Falls Planning Department, paving the way for future growth.Potential options include severing the lot into two parcels to build detached homes, or severing into three parcels for semi-detached or townhouse development (buyer to verify).This prime location is just 2 minutes to the Niagara Falls GO Station and Niagara University, and only 5 minutes to the vibrant entertainment district-a high-demand area with strong growth potential.The existing 3-bedroom, 1-bathroom home (approx. 950 sq. ft.) offers the option to rent out while you plan your project, or renovate and enjoy yourself.An excellent opportunity for those looking to build, invest, or add value in one of Niagara's most promising areas. Location has city water/sewer, natural gas, electricity, cable.
Fridge, Stove, Stacked Washer/Dryer Combo, all appliances in as is condition.
City: Niagara Falls
Neighborhood: Cherrywood
Property History
Rooms
Room dimensions for 4741 First Ave, Niagara Falls
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 4741 First Ave is 2625
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $482900 |
| Down Payment | $96580 |
| Mortgage Insurance | $0 |
| Total Mortgage | $386320 |
Monthly Payment
| Mortgage Payment | $2381 |
| Property Taxes | $245 |
| Maintenance Fees | $0 |
| Monthly Payment | $2625 |
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About 4741 First Ave, Niagara Falls
Located at 4741 First Ave , this Niagara Falls house is available for sale. This property was listed for $482,900 on Fri Oct 17 2025. This house's size is 700-1100 Sqft. It has 3 bedrooms and 1 bathroom. The property includes the following rooms: Kitchen, Dining, Living, Br, 2nd Br, 3rd Br, Bathroom, Foyer. This property comes with 4 parking spots. 4741 First Ave, Niagara Falls is situated in the Cherrywood neighbourhood.
MLS#: X12468399 · $482,900 · 3 bedroom house in Cherrywood, Niagara Falls