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

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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 Listed 4 days ago

    5261 Buchanan Avenue

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

    • 2 beds
    Niagara Falls real estate›X12447574
    • 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

    This listing is a fantastic opportunity for flippers, investors, or visionaries looking to bring a property back to life. This home features 2 bedrooms, a bathroom, kitchen, family room, and basement, plus a spacious backyard with tons of potential. Conveniently located just minutes from the QEW, GO Transit, and Downtown Niagara Falls, this property sits in a desirable, accessible neighbourhood surrounded by growth and development. Whether you are looking for your next renovation project or a strategic investment, this is the perfect canvas to create something special!

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

    AI highlights by Zara
    • This home features 2 bedrooms, a bathroom, kitchen, family room, and basement, plus a spacious backyard with tons of potential.
    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, 2026Previously listedSc$479,000 —X13249556View
    Oct 6, 2025ListedCurrentFor sale$299,999 —X12447574This page
    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
    $1,474
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $183
    0.73% 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
      $590,312
      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
      281
      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 $299,999 on the MLS® (listing X12447574). 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. 1 bath
  2. < 700 sqft
  3. Detached
  4. Asking
    $299,999
    $429 / sqft · MLS® X12447574
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $430,928
    $396,454Confidence range$465,402
    Asking vs estimate
    ↓below
    −$130,929
    (-30.4%)
    Asking is below 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 4 days.

    Avg sold price
    $590,312
    Median sold
    $545,000
    Avg days on market
    44
    Recently sold
    281
    See comparable sales
    Conveniently located just minutes from the QEW, GO Transit, and Downtown Niagara Falls, this property sits in a desirable, accessible neighbourhood surrounded by growth and development.
    Ask Zara a follow-up
    Sewer
  6. Parking & garage

    2
    Garage
    None
    Parking spaces
    1
  7. Interior

    4
    Basement
    Full
    Family room
    Y
    Kitchens
    1
    Total rooms
    6
  8. Exterior & construction

    4
    Exterior
    Vinyl Siding
    Roof
    Shingles
    Foundation
    Concrete Block
    Pool
    None
  9. Listing & possession

    3
    Possession
    2025-10-31T00:00:00.000-00:00
    Property style
    Bungalow
    Property class
    Detached
  10. Combined estimate
    $1,657
    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
    $1,474
    /mo
    based on the purchase price of $299,999
    $60,000 cash
    $239,999 financed
    $202,142 total interest
    Monthly payment$1,474/ month
    Principal54%$239,999
    Interest46%$202,142

    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.

    • 6304 Emma Street
      Sold
      Sign in for price
      6304 Emma Street
      Detached
    • 9694 Willoughby Drive
      Sold
      Sign in for price
      9694 Willoughby Drive
      Detached
    • 7763 Swan Street
      Sold
      Sign in for price
      7763 Swan Street
      Detached
    • 7009 High Street
      Sold
      Sign in for price
      7009 High Street
      Detached
    • 2827 Fredonia Drive
      Sold
      Sign in for price
      2827 Fredonia Drive
      Detached
    • 6609 Leawood Court
      Sold
      Sign in for price
      6609 Leawood Court
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    5261 Buchanan AvenueThis home2 / 1700$299,999ask$429——
    6304 Emma Street4 / 42,500—
    9694 Willoughby Drive4 / 21,500—
    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.

    • 4624 JEPSON Street
      $345,800
      4624 JEPSON Street
      Detached 3 1
    • 5108 Mcrae Street
      $329,900
      5108 Mcrae Street
      Detached 4 2
    • 6401 Taylor Street
      $348,800
      6401 Taylor Street
      Detached 2 1
    • 4621 Jepson Street
      $299,900
      4621 Jepson Street
      Detached 2 1
    • 4904 Flynn Court
      $279,900
      4904 Flynn Court
      Detached 2 1
    • 6247 Taylor Street
      $349,000
      6247 Taylor Street
      Detached 5 3
    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.

  11. One team, no handoffs

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

  12. Showings on YOUR schedule

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

  13. Mortgage that closes

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

  14. Public listing courtesy of ROYAL LEPAGE NRC REALTY · displayed on Summitly per MLS® data-share rules

    5261 Buchanan Avenue is a 2-bedroom, 1-bath, < 700 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  15. 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.

  16. 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.

  17. How much would the monthly mortgage be on 5261 Buchanan Avenue?

    The affordability calculator on this page shows an estimated monthly mortgage for $299,999 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  18. 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.

  19. 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.

  20. 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.

  21. 7763 Swan Street
    3 / 2
    1,100
    —
    7009 High Street3 / 21,500—
    2827 Fredonia Drive3 / 2700—
    6609 Leawood Court3 / 11,100—