4591 Homewood Avenue, Niagara Falls, ON L2E 4X9

$598,888
6
BD
3
BA
1,100
SqFt

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List Price
$598,888
MLS#
X13220090
Status
ACTIVE
Type
Multifamily
SubType
Triplex
Style
Bungalow-Raised
Bedrooms
6
Bathrooms
3
Living Area
1100-1500
Province
ON
Municipality
Niagara Falls
Area
Niagara
Neighborhood
211 - Cherrywood
Subdivision
Morrison And Homewood

Property 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.

Additional Information

Taxes
$3,820
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Lot Depth
130
Family Room
Yes
Kitchens
3
Exterior
Aluminum Siding
Garage Spaces
2
Garage Type
Detached
Pool
None
Parking Spaces
7
Parking Type
Private

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of REVEL Realty Inc., Brokerage.