4591 Homewood Avenue
Niagara Falls (Cherrywood), ON L2E 4X9
- 6Bedrooms
- 3Bathrooms
- 7Parking
- 1100–1500Sq Ft
- $3,820Tax
- 40×130 ftLot Size
Free EstimateSee Free Estimate Report
Sale & Price History for 4591 Homewood Avenue, Niagara Falls, Cherrywood
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 4591 Homewood Avenue, Niagara Falls, Cherrywood
Summarized Description
- Two units available for occupancy December 2026.
- Legal non-conforming triplex with income potential.
- Main-floor unit renovated in 2023.
- Lower-level unit renovated in 2020.
- Oversized garage with hydro included.
- New roof installed in 2023.
- Great investment opportunity for new tenancies.
- Large windows provide ample natural light.
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,820
- Land Transfer Tax Fee
- $8,055
Rental Items
- Rental Equipment
- None
- Basement Type
- Finished, Separate Entrance
Interior Features
- Interior Extras
- Separate Hydro Meter, Water Heater Owned
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- Bungalow-Raised
Construction
- Exterior Finish
- Aluminum Siding
- Roof
- Shingles
- Foundation Details
- Concrete Block
- Special Designation
- Unknown
Lot
- Lot Front
- 40.00 ft
- Lot Depth
- 130.00 ft
Parking & Garages
- Garage Type
- Detached
- Garage Spaces
- 2
- Parking Spaces
- 5
- Total Garage And Parking Spaces
- 7
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 6
- Washrooms
- 3
- Kitchens
- 3
- Family / bonus room
- Yes
Washrooms
- 4-piece
- 3-piece
- Municipality
- Niagara Falls
- Neighbourhood
- Cherrywood
- Main cross streets
- Morrison and Homewood
- Directions
- Morrison to Homewood
- MLS® number
- X13771472
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-09-11
- Updated on
- 2026-09-23
- Days on market
- 34 days
- Possession type
- Immediate
- Co-op commission
- 2% + hst
- Seller
- Listed by
- REVEL Realty Inc., Brokerage
Home Market Value
Current home valuation for 4591 Homewood Avenue, Niagara Falls, Cherrywood, Niagara Falls, ON. Listed for $579,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 4591 Homewood Avenue, Niagara Falls, Cherrywood
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $79,000 over $500K
$32,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $21,840 | $16,154 | $13,780 | $0 |
=Total mortgage | $567,837 | $537,254 | $505,930 | $463,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,772monthly | $2,623monthly | $2,470monthly | $2,262monthly |
Land Transfer Tax
$8,055
$8,055
Around this home
No schools found nearby
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