4591 Homewood Avenue, Niagara Falls, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised triplex located in the coveted neighborhood of Cherrywood. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $598,888 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 6 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 40 x 130 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Separate Hydro Meter, Water Heater Owned
- Efficient forced air heating via gas
Description
This legal non-conforming triplex, located in a desirable family-friendly neighbourhood, offers exceptional flexibility and income potential for investors, first-time buyers, and multigenerational families alike. Whether you're looking to generate steady rental income, offset your mortgage by living in one unit while renting the others, or create an affordable setup for extended family living, this property delivers a range of possibilities.The main floor apartment, renovated in 2023, features 2 spacious bedrooms and 1 full bathroom with modern updates throughout. The lower-level unit, renovated in 2020, offers 3 bedrooms and 1 bathroom, enhanced by large windows that provide an abundance of natural light. The rear 1-bedroom, 1-bathroom apartment is currently vacant and ready for your personal touch, making it ideal for additional rental income, an in-law suite, or private guest accommodations.Adding even more value is the oversized 2-car garage with hydro, perfect for storage, a workshop, or additional utility space and 2 separate hydro metres. Major updates include a new roof completed in 2023, and hot water tank is owned offering added peace of mind for years to come.
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Property Summary
This triplex located at 4591 Homewood Avenue, Niagara Falls is currently for sale and has been available on SousaSells for 89 days. This property is listed at $598,888 with an estimated mortgage of $1,993* per month. It has 6 beds, 3 bathrooms, and is 1100-1500 square feet. 4591 Homewood Avenue, Niagara Falls is in the Cherrywood neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 6 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Cherrywood, Niagara Falls.
- •6 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Cherrywood, Niagara Falls.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Separate Hydro Meter
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 4591 Homewood Avenue, Niagara Falls, ON
Q.What is the asking price for 4591 Homewood Avenue, Niagara Falls, ON ?
The current listing price for 4591 Homewood Avenue, Niagara Falls, ON in Cherrywood, Niagara Falls is $598,888.
Q.How many bedrooms and bathrooms does this property have?
This property features 6 bedrooms and 3 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 4591 Homewood Avenue, Niagara Falls, ON ?
4591 Homewood Avenue, Niagara Falls, ON is a Triplex (Bungalow-Raised) featuring a Finished, Separate Entrance basement.
Q.What interior features are included in this home?
Interior highlights include: Separate Hydro Meter, Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 7.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Cherrywood, Niagara Falls
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 4591 Homewood Avenue, Niagara Falls, ON L2E 4X9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Niagara Falls, ON
For a property listed at $598,888 in Niagara Falls, the legal minimum down payment is $34,889 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,453 for this transaction. As this listing is in Niagara Falls (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,453.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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