For SaleTriplex · Bungalow-RaisedMLS® #X13771472 · TRREB MLS®
4591 Homewood Ave, Niagara Falls, Ontario
Cherrywood, Niagara Falls, Ontario L2E 4X9
- Bedrooms
- 6
- Lot Size
- 40 x 130 ft
- Bathrooms
- 3
- Type
- Triplex
- Basement
- Finished
$579,000
Estimated market value
About 4591 Homewood Ave
4591 Homewood Ave is a 6-bedroom, 3-bathroom triplex in Cherrywood, Niagara Falls, listed for sale at an asking price of $579,000 (MLS® X13771472).
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.
Insights
Condition Score
Good2 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $3,820 / 2025
- MLS® number
- X13771472
- Board
- TRREB MLS®
- Property Type
- Triplex
- Days on market
- Size
- 1100-1500 sqft
- Lot Size
- 40 x 130 ft
- Listed on
- 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 |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $579,000 | N/A | For Sale | X13771472 |
Members see the full history. Prices are hidden from signed-out visitors.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Michelle Lacroix for a full comparative market analysis.
Property details
Property
- Property Type
- Triplex
- Style
- Bungalow-Raised
- Community
- Cherrywood
- Municipality
- Niagara Falls
Building
- Size
- 1100-1500 sqft
- Construction
- Alum Siding
Inside
- Bedrooms
- 6
- Bathrooms
- 3
- Bathroom Details
- 2 × 4pc, 1 × 3pc
- Basement Type
- Finished
- Kitchens
- 3
Parking
- Driveway
- Private
- Garage Type
- Detached
- Garage
- 2
- Additional Parking
- 5
- Total Parking
- 7
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 40 ft
- Depth
- 130 ft
- Lot Size
- 40 x 130 ft
Additional
- Foundation
- Concrete Block
- Roof
- Shingles
- Fireplace
- No
- Pool
- None
- Den
- Yes
- Family room
- Yes
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Map and tour
Land transfer tax on this home
- Ontario land transfer tax
- $8,055
- Total land transfer tax
- $8,055
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $4,055
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $579,000
- $3,580
- Ontario total
- $8,055
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation2
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m1 test or monitoring hole also recorded.250 m
Province of Ontario open data
Planning and building activity1
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
Province of Ontario open data
Around the home2
- Nearest rail line: 810 m810 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 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.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Niagara Peninsula Energy Inc.At the address
- 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.At the 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.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Niagara Peninsula Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St Mary Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 600 m | 100%Grade 6 average |
| Valley Way Public SchoolDSB Niagara | Public · grades JK–8 | 600 m | 63%Grade 6 average |
| St Patrick Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 800 m | 97%Grade 3 average |
| ÉÉC Saint-AntoineConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 850 m | 53%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Stamford CollegiateDSB Niagara | Public · grades 9–12 | 2.2 km | 62%Grade 9 math |
| A N Myer Secondary SchoolDSB Niagara | Public · grades 9–12 · French Immersion | 2.3 km | 74%Grade 9 math |
| Saint Paul Catholic High SchoolNiagara CDSB | Catholic · grades 9–12 · French Immersion | 2.5 km | 81%Grade 9 math |
| Westlane Secondary SchoolDSB Niagara | Public · grades 9–12 | 4.5 km | 66%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Niagara Falls GO | GO Transit train: Lakeshore West | 1.6 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Lot
- Lot area
- 5,200 sq ft483 m²
- Street frontage
- 40 ft12.2 m
- Depth
- 130 ft39.6 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
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.
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $115,800
- Total mortgage amount
- $463,200
- Total interest payment
- $329,400
- Total purchase cost
- $908,400
- Mortgage payment
- $2,642/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$2,960- Rent $0
- Shortfall $2,960
Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.
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