4591 HOMEWOOD AVENUE
Niagara Falls (Cherrywood), Ontario
MLS® X13771472
$579,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13771472
- Bedrooms
- 6
- Bathrooms
- 3
- Year built
- —
1 / 23Listing 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.
Property summary
- MLS® number
- X13771472
- Property type
- Multi-family
- Building type
- Triplex
- Land size
- 40 x 130 FT
- Annual property taxes
- $3,820.00
- Parking
- 7 spaces · Detached Garage, Garage
- Days on market
- 6 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
- Basement
- Finished, Separate entrance, N/A, N/A
- Appliances
- Water Heater
- Exterior features
- Aluminum siding
- Architectural style
- Raised bungalow
What would this home cost you?
Based on the $579,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of REVEL Realty Inc., Brokerage, Niagara Falls.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.