Room 1
Level not provided
4591 Homewood Ave
Cherrywood, Niagara Falls, Ontario L2E 4X9
Description
INVESTMENT OPPORTUNITY - TWO UNITS VACANT AS OF DECEMBER 1, 2026. This legal non-conforming triplex offers excellent flexibility and income potential, with the rear 1-bedroom unit currently vacant and the main-floor 2-bedroom unit becoming vacant December 1, 2026, allowing a new owner to establish two new tenancies.The main-floor 2-bedroom unit was renovated in 2023, while the lower-level 3-bedroom unit was renovated in 2020 and features large windows with plenty of natural light. The rear unit offers 1 bedroom and 1 bathroom. Additional highlights include an oversized 2-car garage with hydro, two separate hydro meters, a new roof completed in 2023, and an owned hot water tank.With two units available for occupancy as of December, this is a great opportunity for an investor looking to reposition the property and maximize its income potential.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X13771472
- Board
- TRREB MLS®
- Days on market
- Tax
- $3,820
- Size
- 1100-1500 sqft
- Lot
- 40 × 130 Feet
- Parking
- 2 Detached, 7 Parking
Listing History
Buy/Sell history for 4591 Homewood Ave, Niagara Falls, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $579,000 | N/A | For Sale | X13771472 |
Estimated Market Value
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Property Details
Property
- Property Type
- Triplex
- Style
- Bungalow-Raised
- Community
- Cherrywood
- Municipality
- Niagara Falls
Inside
- Bedrooms
- 6
- Bathrooms
- 3
- Bathroom Detail
- 2, 4pc
- Bathroom Detail
- 1, 3pc
- Basement Type
- Finished
- Kitchens
- 3
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Forced Air
Building
- Size
- 1100-1500 sqft
- Construction
- Alum Siding
Parking
- Driveway
- Private
- Garage Type
- Detached
- Garage
- 2
- Add. Parking
- 5
- Total Parking
- 7
Land
- Sewer
- Sewers
- Lot Size
- 40 × 130 Feet
- Lot Size Code
- Feet
Additional
- Foundation
- Concrete Block
- Roof
- Shingles
- Fireplace
- N
- Pool
- None
- Den
- Y
- Family room
- Y
Rooms (12)
Room 2
Level not provided
Room 3
Level not provided
Room 4
Level not provided
Room 5
Level not provided
Room 6
Level not provided
Room 7
Level not provided
Room 8
Level not provided
Room 9
Level not provided
Room 10
Level not provided
Room 11
Level not provided
Room 12
Level not provided
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
12 records read 5 on record nearby 7 checked, none on recordRead 2026-10-28
Water and conservation
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m1 test or monitoring hole also recorded.
Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
Province of Ontario open data
Around the home
- Nearest rail line: 810 m
- A trail on the Ontario trail network within 1 km
Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Canadian Specialty Castings Inc. — Canadian Specialty Casting Inc., 1.4 km away. Only facilities above the inventory’s reporting thresholds are listed.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by Niagara Peninsula Energy Inc.
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, Last Mile Wireless Internet, NWIC, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Comparable Sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$2,655
- Down payment$115,800
- Mortgage amount$463,200
- Total interest$333,300
- Total cost$912,300
Cash flow analysis
$2,655
Total monthly payment
$2,973
Break-even down payment
100%
Cash flow-$2,973
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
04 / Local performanceMarket detailsNeighbourhood price and activity trends
Expand Market details to load neighbourhood price and activity trends.
$579,000
$579,000
CAD
Estimated market value
Similar active listings
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.