trreb/IMG-X12251669_1.jpg
4 days on Market

5002 Jepson St, Niagara Falls, Ontario L2E 1K2

Detached
5 + 1
3
~2000-2500 sqft
$725,000
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Detached
5 + 1
3
~2000-2500 sqft

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Highlights

Property Estimate

Days on market4 days

Estimated valueNot available

Price/Sqft$326/sqft

Monthly cost

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Description

Welcome to 5002 Jepson! Many recent upgrades done to the property. A kitchen added for to the basement, a new A/C installed to the house. Enormous house with this 6 bedroom, 3 bath home and its endless potential, located within walking distance to Niagara Falls. Offering over2300sqft of above ground living space and over 3800sqft in total, with 3 separate entrances and ample space for 3 units, this home is ideal for anyone looking to generate additional rental income. Also perfect for a growing family, generational living or an investment opportunity. Aside from the lovely sunroom, cozy living room with fireplace, den, formal dining area, and updated kitchen on the main floor, this home also offers a large 660sqft main floor addition featuring a self-contained unit at the rear. Complete with a bedroom, living room, kitchenette, 4-pc bath and separate entrance to a covered porch, this is an ideal space for income potential, or an owner occupied bnb. A great opportunity to have some of your mortgage paid while still utilizing the entire original home! Tremendous opportunity lies in this versatile home, easily used as a duplex or triplex. On the second storey of the home are 4 generously sized bedrooms, a 4-pc bath and 2 linen closets. Don't miss the door that leads up to the 2nd half storey! This area could be used as a great kids room, flex space, office or storage. The basement has its own separate entrance and large hallway/mudroom along with a workshop, laundry and utility room with kitchen, 3-pc bath, and bedroom. An additional storage room and extremely large unfinished basement complete this level. With its close proximity to Niagara Falls, Clifton Hill, Casinos, Golf Courses, and The Niagara Wine Country, this home holds tremendous value for income potential given all the tourism close by. The possibilities are endless. Buyer to verify the measurements


Property Details

Style2 1/2 Storey
ViewDowntown
Age of property100+
SqFt~2000-2500 SqFt
Lot Size4,830 SqFt(115 x 42)
Parking Spaces2
MLS ®NumberX12251669
Community NameElgin
Data SourceTRREB
Listing byIPRO REALTY LTD.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Sep Entrance

Main Floor

Sunroom

6.78 x 2.67

Foyer

0.94 x 1.11

Hardwood Floor

Living

3.99 x 4.24

Fireplace / Crown Moulding / hardwood floor

Br

4.29 x 3.02


Features

Lot size: 4,830 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property listed by IPRO REALTY LTD., Brokerage
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Market Data - Elgin

Geo Zone Map ThumbnailElgin

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

30 days

Compared to

2024

37 days

2023

39 days

2022

16 days

New Listings

Past 30 days

38 listings

Compared to

2024

37 listings

2023

40 listings

2022

45 listings

Units sold

Past 30 days

14 units

Compared to

2024

9 units

2023

15 units

2022

6 units

Median Sold Price

Past 30 days

$436,750

Compared to

2024

$445,000

2023

$565,000

2022

$543,000


Population and Demographics

Overview

Total population 9664
Average household income $80,133

Age (%)

0 to 19
17%
20 to 34
20%
35 to 49
18%
50 to 64
23%
65 and plus
22%

Household composition (%)

Single family
49%
Single person
43%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
86%
Others
6%
Italian
3%
French
2%
Spanish
2%

House tenancy (%)

Owners
54%
Renters
46%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget