4591 Homewood Avenue Niagara Falls, Ontario L2E 4X9

$579,000

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. (id:50877)

Property Details

MLS® Number	X13771472
Property Type	Multi-family
Community Name	211 - Cherrywood
Parking Space Total	7

Building

Bathroom Total	3
Bedrooms Above Ground	6
Bedrooms Total	6
Amenities	Separate Electricity Meters
Appliances	Water Heater
Architectural Style	Raised Bungalow
Basement Development	Finished
Basement Features	Separate Entrance
Basement Type	N/a (finished), N/a
Cooling Type	None
Exterior Finish	Aluminum Siding
Foundation Type	Block
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	1
Size Interior	1,100 - 1,500 Sqft
Type	Triplex
Utility Water	Municipal Water

Parking

Detached Garage
Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	130 Ft
Size Frontage	40 Ft
Size Irregular	40 X 130 Ft
Size Total Text	40 X 130 Ft

https://www.realtor.ca/real-estate/30265006/4591-homewood-avenue-niagara-falls-cherrywood-211-cherrywood