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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 7 days

    5261 BUCHANAN Avenue

    Cherrywood·Niagara Falls, ON·L2E 5A7·Near McRae and Stanley

    • 2 beds
    Niagara Falls real estate›X13249556
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Welcome to 5261 Buchanan Avenue, a turnkey property featuring a beautifully updated 2-bedroom, 1-bathroom main floor and a newly constructed LEGAL 1-bedroom, 1-bathroom basement apartment with separate living space and high-end finishes. Major upgrades completed in 2026 include NEW ROOF, NEW FURNACE, NEW A/C, 200-AMP ESA-APPROVED ELECTRICAL, new attic insulation, eavestroughs and downspouts, front and back decks, concrete driveway, privacy fence, professionally waterproofed basement with a new sump pump, and professionally capped and caulked windows. The main floor offers a fully renovated kitchen, bathroom, bedrooms, and living area, complemented by brand-new appliances throughout. Ideally located close to schools, shopping, parks, public transit, and other amenities. An excellent opportunity for homeowners seeking mortgage-helping income or investors looking for a move-in-ready property with a legal secondary unit.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 4, 2026ListedCurrentFor sale$479,000 —X13249556This page
    Oct 10, 2025SoldSold$220,000−$79,999 (26.7%)X12447574View
    Oct 6, 2025Previously listedSld$299,999 —X12447574View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Forced Air
      Air conditioning
      Central Air
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 5261 BUCHANAN Avenue
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $2,353
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $183
    0.46% mill rate · ON
    The market

    How this home sits in the Niagara Falls market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Niagara Falls market right now

    Average sold price, days on market, and closed-transaction count for Niagara Falls — sourced from MLS®.

    • Avg sold price
      $587,498
      Last 30 days
    • Median sold price
      $545,000
      Middle of the market
    • Days on market
      44 d
      Avg from list to close
    • Closed last 30d
      283
      MLS® transactions
    Full Niagara Falls market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 5261 BUCHANAN Avenue — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 5261 BUCHANAN Avenue and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 5261 BUCHANAN Avenue listed for?

      5261 BUCHANAN Avenue is listed at $479,000 on the MLS® (listing X13249556). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 5261 BUCHANAN Avenue have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 2 baths
  2. 700-1100 sqft
  3. Detached
  4. Asking
    $479,000
    $0 / sqft · MLS® X13249556
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $428,874
    $394,564Confidence range$463,183
    Asking vs estimate
    ↑above
    +$50,126
    (+11.7%)
    Asking is above estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 2 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Niagara Falls sell in about 44 days — this one has been listed 7 days.

    Avg sold price
    $587,498
    Median sold
    $545,000
    Avg days on market
    44
    Recently sold
    283
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    The main floor offers a fully renovated kitchen, bathroom, bedrooms, and living area, complemented by brand-new appliances throughout.
  6. Ideally located close to schools, shopping, parks, public transit, and other amenities.
  7. Ask Zara a follow-up
    Sewer
  8. Parking & garage

    3
    Garage
    None
    Parking spaces
    1
    Driveway
    1
  9. Interior

    4
    Basement
    Finished
    Family room
    Y
    Kitchens
    1
    Total rooms
    7
  10. Exterior & construction

    4
    Exterior
    Vinyl Siding
    Roof
    Asphalt Shingle
    Foundation
    Concrete Block
    Pool
    None
  11. Lot & land

    1
    Zoning
    R2
  12. Listing & possession

    3
    Occupancy
    FLEXIBLE
    Property style
    Bungalow
    Property class
    Detached
  13. Combined estimate
    $2,536
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $2,353
    /mo
    based on the purchase price of $479,000
    $95,800 cash
    $383,200 financed
    $322,755 total interest
    Monthly payment$2,353/ month
    Principal54%$383,200
    Interest46%$322,755

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in Niagara Falls

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 6609 Leawood Court
      Sold
      Sign in for price
      6609 Leawood Court
      Detached
    • 6863 St Michael Avenue
      Sold
      Sign in for price
      6863 St Michael Avenue
      Detached
    • 7484 Merritt Avenue
      Sold
      Sign in for price
      7484 Merritt Avenue
      Detached
    • 6521 Caledonia Street
      Sold
      Sign in for price
      6521 Caledonia Street
      Detached
    • 7852 Charnwood Avenue
      Sold
      Sign in for price
      7852 Charnwood Avenue
      Detached
    • 6543 ST. JOHN Street
      Sold
      Sign in for price
      6543 ST. JOHN Street
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    5261 BUCHANAN AvenueThis home2 / 27,001,100$479,000ask———
    6609 Leawood Court3 / 11,100—
    6863 St Michael Avenue3 / 31,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Niagara Falls

    Active listings within ±20% of this asking price.

    • 7996 Paddock Trail
      $524,900
      7996 Paddock Trail
      Detached 3 2
    • 6182 Johnson Drive
      $499,000
      6182 Johnson Drive
      Detached 3 2
    • 4864 Simcoe Street
      $485,000
      4864 Simcoe Street
      Detached 3 1
    • 6389 Monroe Street
      $384,900
      6389 Monroe Street
      Detached 2 2
    • 8968 Banting Avenue
      $549,900
      8968 Banting Avenue
      Detached 3 1
    • 7962 Booth Street
      $524,990
      7962 Booth Street
      Detached 2 2
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  14. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  15. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  16. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  17. Public listing courtesy of REVEL Realty Inc., Brokerage · displayed on Summitly per MLS® data-share rules

    5261 BUCHANAN Avenue is a 2-bedroom, 2-bath, 700-1100 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  18. When was 5261 BUCHANAN Avenue built?

    The year built for 5261 BUCHANAN Avenue isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  19. What is the property tax for 5261 BUCHANAN Avenue?

    The 'Property tax' tab in the History section shows the most recent annual tax for 5261 BUCHANAN Avenue plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  20. How much would the monthly mortgage be on 5261 BUCHANAN Avenue?

    The affordability calculator on this page shows an estimated monthly mortgage for $479,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  21. Has 5261 BUCHANAN Avenue been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 5261 BUCHANAN Avenue with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  22. What neighbourhood is 5261 BUCHANAN Avenue in?

    5261 BUCHANAN Avenue is in Cherrywood, Niagara Falls. The 'Neighbourhood' section below links to the live Niagara Falls real estate hub with average sold price, days on market, and current inventory.

  23. Is Niagara Falls a good place to live?

    Niagara Falls is one of ON's actively-tracked Summitly markets. The full Niagara Falls real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  24. 7484 Merritt Avenue
    3 / 2
    1,100
    —
    6521 Caledonia Street3 / 2700—
    7852 Charnwood Avenue2 / 21,100—
    6543 ST. JOHN Street4 / 21,100—