5866 Valley Way
CherrywoodNiagara Falls, ONL2E 1Y1Near PORTAGE RD / VALLEY WAY
- 3 beds
3 upcoming open houses
Drop in during an open house, or tour online — no appointment needed.
- Open houseDate TBDTime TBD
- Open houseDate TBDTime TBD
- Open houseDate TBDTime TBD
What this listing tells us
Welcome to 5866 Valley Way, Niagara Falls - a rare Live & Earn opportunity in one of Niagara's most desirable and convenient locations! Whether you're a first-time home buyer, growing family, savvy investor, or someone looking to offset mortgage costs with rental income, this beautiful all-brick bungalow offers exceptional flexibility and value.Situated on an impressive 71-foot frontage lot, this unique property features 3 self-contained units, making it an outstanding income-generating investment. Live comfortably in the main-level residence while earning rental income from the lower units, or maximize cash flow by renting all three units. The home features a practical and versatile layout that is rarely available in today's market.The bright and spacious main floor offers over 1,000 sq. ft. of living space with modern finishes throughout, while the lower level boasts two separate units with private entrances. One lower unit is a legal 2-bedroom apartment, and the second 1+1 bedroom unit has permit documentation available. Each level is equipped with its own kitchen and laundry facilities, providing convenience and privacy for occupants. This carpet-free home features pot lights throughout, fresh paint, modern finishes, abundant natural light, and an upgraded 200-amp electrical panel. The extra-long private driveway accommodates up to 5 vehicles, making parking effortless for residents and guests alike. Perfectly located just minutes from Niagara Falls' world-famous attractions, tourist district, casinos, restaurants, shopping, hospitals, schools, parks, GO Transit, and major highways, this property offers the ideal combination of lifestyle and investment potential.Whether you're looking to live in one unit and generate additional income or add a strong cash-flowing asset to your portfolio, 5866 Valley Way is a truly worthwhile investment and an opportunity not to be missed!
Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.
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.
| Date | Event | Status | Price | Change | MLS® | View |
|---|---|---|---|---|---|---|
| Jun 19, 2026 | ListedCurrent | For sale | $730,000 | — | X13468336 | This page |
| Dec 27, 2025 | Sold | Sold | $1,400 | unchanged | X12527308 | View |
| Nov 9, 2025 | Previously listed | Lsd | $1,400 | — | X12527308 | View |
| Oct 13, 2025 | Previously listed | Ter | $1,400 | — | X12459102 | View |
| Jul 24, 2025 | Sold | Sold | $2,500 | unchanged | X12295461 | View |
| Jul 19, 2025 | Previously listed | Lsd | $2,500 | — | X12295461 | View |
| Jul 5, 2025 | Previously listed | Ter | $1,550 | — | X12264788 | View |
| Jun 13, 2025 | Previously listed | Ter | $735,000 | — | X12218487 | View |
| Apr 18, 2025 | Previously listed | Ter | $774,600 | — | X12090903 | View |
| Mar 20, 2025 | Previously listed | Ter | $835,000 | — | X12030969 | View |
| Nov 16, 2024 | Previously listed | Exp | $870,000 | — | X10427497 | View |
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
Getting around, schools & the block
Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.
Points of interest classified by the MLS® feed.
- Place Of Worship
- School
- Park
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.
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$588,522Last 30 days
- Median sold price$545,000Middle of the market
- Days on market43 dAvg from list to close
- Closed last 30d293MLS® transactions
We'll get you into 5866 Valley Way — 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.
$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.
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.
We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 5866 Valley Way and found nothing flagged. We re-check automatically as new records publish.
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 5866 Valley Way listed for?
5866 Valley Way is listed at $730,000 on the MLS® (listing X13468336). The price refreshes on Summitly within minutes of any MLS® change.
How many bedrooms, bathrooms, and square feet does 5866 Valley Way 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.












