I don't have enough recent comparable sales to call this one's price, but new this week. Here's everything I've got on it — ask me anything.

Niagara Falls · Niagara Region · Cherrywood

4591 Homewood Avenue

Triplex

MLS® #X13771472

Listed for$579,0002 days on market
6 bed 3 bath 7 parking 1100-1500 sq ft~$445/sq ft
  • New this week
  • Listing states: renovated (2023)
  • 4 schools within 1 km
  • Transit stop ~870 m
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Is $579,000 a fair price?

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Est. all-in monthly~$3,012/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

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This home below comps above in lineOpen full map →

4 schools within ~1 km · nearest transit stop ~0.87 km

Property information
What house buyers ask first
Lot size
40 × 130 ft
Square footage
1100-1500 sq ft
Property tax
$3,820 / yr
Parking
7 spaces · Detached
Basement
Finished, Separate Entrance

Property summary

Property type
Triplex
Style
Bungalow-Raised
Lot size
40 × 130 ft
Parking
7 spaces · Detached
Heating
Forced Air
Air conditioning
None
Basement
Finished, Separate Entrance
Kitchens
3
Exterior
Aluminum Siding
Property tax
$3,820 / yr
MLS®
X13771472

As stated by the MLS®, nothing inferred.

Nearby homes for sale
The numbers that matter
The numbers that matter
Property tax
$3,820/yr
Est. all-in
~$3,012/mo
Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.
Schools

Schools near this home, closest first by straight-line distance. These are factual locations — AskEmma doesn’t rate or rank schools.

  • St Mary Catholic Elementary SchoolCatholic · Elementary & Secondary · Niagara CDSB0.6 km
  • Valley Way Public SchoolPublic · Elementary & Secondary · DSB Niagara0.6 km
  • St Patrick Catholic Elementary SchoolCatholic · Elementary & Secondary · Niagara CDSB0.8 km
  • ÉÉC Saint-AntoineCatholic · Elementary & Secondary · French · CS catholique MonAvenir0.8 km
  • Simcoe Street Public SchoolPublic · Elementary & Secondary · DSB Niagara1.1 km
  • École élémentaire LaMarshPublic · Elementary & Secondary · French · CS Viamonde1.3 km

Locations: Open Database of Educational Facilities (ODEF), Statistics Canada v2.1 (2022) · Open Government Licence – Canada. School locations as of 2022 — confirm current catchment and enrolment with the school board. For official provincial results, check EQAO.

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

  • Bus stopNearest transit · Bus stop~870 m
  • Niagara Falls, OntarioNearest GO / rail · GO / regional rail~1.6 km

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Niagara Falls
$698KMedian sold
43Median days on market
96.5%Sale-to-list
Median sold price · Niagara Falls1-yr +19% · 3-yr +12%
Source: TRREB sold data via Repliers · all property types
Neighbourhood demographics — Niagara Falls
94,415Population (2021)
44.8Median age
$74,000Median household income
70.4%Home owners
29.6%Renters
2.5Avg household size
Source: Statistics Canada, 2021 Census
Description & details

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.

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by REVEL Realty Inc., Brokerage. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.