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Michael Tzakas

Sales Representative
RE/MAX Hallmark Realty Ltd, Brokerage Independently owned and operated. 685 Sheppard Ave East, Richmond Hill, Ontario M2K 1B6 Cell: 416-561-3911Office: 416-494-7653

$579,000
Available - For Sale
Listing ID: X13771472
4591 Homewood Avenue , Niagara Falls, L2E 4X9, Niagara


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.
Price $579,000
Taxes: $3820.00
Occupancy: Tenant
Address: 4591 Homewood Avenue , Niagara Falls, L2E 4X9, Niagara
Directions/Cross Streets: Morrison and Homewood
Rooms: 12
Bedrooms: 6
Bedrooms +: 0
Family Room: T
Basement: Finished, Separate Ent
Washroom Type No. of Pieces Level
Washroom Type 1 4
Washroom Type 2 3
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Property Type: Triplex
Style: Bungalow-Raised
Exterior: Aluminum Siding
Garage Type: Detached
(Parking/)Drive: Private
Drive Parking Spaces: 5
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Square Footage: 1100-1500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
REVEL Realty Inc., Brokerage
Personal Picture
Michael Tzakas
Sales Representative
Dir:
416-561-3911
Bus:
416-494-7653
 
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At a Glance:
Type: Freehold - Triplex
Area: Niagara
Municipality: Niagara Falls
Neighbourhood: 211 - Cherrywood
Style: Bungalow-Raised
Lot Size: x 130.00(Feet)
Approximate Age:
Tax: $3,820
Maintenance Fee: $0
Beds: 6
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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