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.
6 bedrooms, 3 bathrooms, about 1,100 sq ft, works out to roughly $526 per square foot. Chat with Zara if you'd like a deeper read on whether this triplex fits your budget and timing.
Inside 4591 Homewood Ave
Every detail from the listing, in one place.
Type
Triplex
Style
Bungalow-Raised
Living space
1100-1500 sq ftas stated on the listing
Parking
7 spacesYes garage
Basement
Finished, Separate Entrance
Features & systems
Parking & garage
Garage
Yes
Parking spaces
7
Interior
Basement
Finished · Separate Entrance
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow-Raised
Property class
Triplex
4591 Homewood Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13771472$579,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 4591 Homewood Ave Compares to the Niagara Falls Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,844
/mo
based on the purchase price of $579,000
$115,800 cash
$463,200 financed
$390,136 total interest
Principal54%$463,200
Interest46%$390,136
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Niagara Falls
Other 6-bed homes for sale in Niagara Falls around $579K.
Average days on market44Homes sold in about 44 days on average.
Sale-to-list ratio96.5%On average, homes sold below asking.
Active listings747Homes for sale here right now.
Median vs prior 90 days+4.6%Compared with May 2 – Jul 31, 2026: prices up.
Based on 443 sales from Jul 31 – Oct 29, 2026 (299 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
4591 Homewood Ave is listed at $579,000 (MLS® X13771472). Summitly updates the price as soon as the MLS® record changes.
Is $579,000 a good price for 4591 Homewood Ave?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% above Zara's estimate, an estimate built from recent sales in Niagara Falls. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 4591 Homewood Ave changed?
No — 4591 Homewood Ave is still listed at its original asking price of $579,000.
How many bedrooms and bathrooms does 4591 Homewood Ave have?
4591 Homewood Ave has 6 bedrooms and 3 bathrooms, with about 1,100–1,500 square feet of living space. It is a triplex in Niagara Falls.
Is 4591 Homewood Ave close to transit?
The nearest rapid-transit station is Niagara Falls GO Station (Lakeshore West GO), about 1.6 km (about a 21-minute walk) in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 4591 Homewood Ave?
About $2,844 a month — principal and interest on $579,000 with 20% down ($115,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 4591 Homewood Ave compare with other homes in Niagara Falls?
Its asking price of $579,000 is about the same as the median sold price in Niagara Falls over the last 90 days, $570,000, across 443 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 4591 Homewood Ave been sold before?
Summitly has no earlier MLS® sale or lease of 4591 Homewood Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 4591 Homewood Ave?
4591 Homewood Ave is in Niagara Falls, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 4591 Homewood Ave been on the market?
48 days — 4591 Homewood Ave was listed on September 11, 2026.
What is the price per square foot of 4591 Homewood Ave?
About $386 to $526 per square foot: the asking price of $579,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 4591 Homewood Ave have parking or a garage?
Yes — the listing gives 7 parking spaces. Garage: Yes.
