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Coldwell Banker Summit Realty

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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage — RECO Registration #6018570.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 14 daysPrice drop · $10,000 off (-2.4%)

    4640 Morrison Street

    Downtown·Niagara Falls, ON··

    • 4 beds
    Niagara Falls real estate›X13055542
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Turnkey triplex offering three self-contained units in a solid Niagara Falls location, generating approximately $3,400/month in rental income. Ideal for investors or those looking to live in one unit while offsetting costs, the property features a functional layout with two main floor units and a spacious upper unit, each with separate living spaces and good natural light. Key updates include a flat rubber roof (2017), new eaves with gutter guards (2019), updated plumbing and toilets (2022), and new basement stairs (2023). Unit improvements include a new fridge and stove in Unit 2 (2023) and a new fridge in Unit 3 (2023). Additional updates include refreshed sod (2020) and consistent maintenance throughout. Operating costs are manageable with water approximately $200/month and gas averaging $208 in winter and $140 in summer. Furnace and hot water tank are rentals. A solid, income-producing property with major updates already completed.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jul 25, 2026Price reducedCurrentReduced$415,000−$10,000 (2.4%)X13055542This page
    Apr 28, 2026ListedCurrentFor sale$425,000 —X13055542This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Forced Air
      Air conditioning
      Window Unit(s)
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 4640 Morrison Street
    What's nearby

    Points of interest classified by the MLS® feed.

    • Park
    • Public Transit
    • School
    • School Bus Route
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $2,039
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $250
    0.72% mill rate · ON
    The market

    How this home sits in the Niagara Falls market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Niagara Falls market right now

    Average sold price, days on market, and closed-transaction count for Niagara Falls — sourced from MLS®.

    • Avg sold price
      $613,101
      Last 30 days
    • Median sold price
      $570,000
      Middle of the market
    • Days on market
      39 d
      Avg from list to close
    • Closed last 30d
      285
      MLS® transactions
    Full Niagara Falls market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 4640 Morrison Street — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 4640 Morrison Street and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 4640 Morrison Street listed for?

      4640 Morrison Street is listed at $415,000 on the MLS® (listing X13055542). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 4640 Morrison Street have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 3 baths
  2. 1500-2000 sqft
  3. Triplex
  4. Built 100+
  5. < .50 ac lot
  6. Asking
    $415,000
    $0 / sqft · MLS® X13055542
    Chat Zara
  7. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $723,459
    $665,582Confidence range$781,336
    Asking vs estimate
    ↓below
    −$308,459
    (-42.6%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 4 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Niagara Falls sell in about 39 days — this one has been listed 14 days.

    Avg sold price
    $613,101
    Median sold
    $570,000
    Avg days on market
    39
    Recently sold
    285
    See comparable sales
    Key updates include a flat rubber roof (2017), new eaves with gutter guards (2019), updated plumbing and toilets (2022), and new basement stairs (2023).
  8. Unit improvements include a new fridge and stove in Unit 2 (2023) and a new fridge in Unit 3 (2023).
  9. Additional updates include refreshed sod (2020) and consistent maintenance throughout.
  10. Furnace and hot water tank are rentals.
  11. Ask Zara a follow-up
    Sewer
  12. Parking & garage

    3
    Garage
    None
    Parking spaces
    5
    Driveway
    Private
  13. Interior

    4
    Basement
    Full, Unfinished
    Family room
    Y
    Kitchens
    3
    Total rooms
    8
  14. Exterior & construction

    4
    Exterior
    Brick
    Roof
    Flat
    Foundation
    Poured Concrete
    Pool
    None
  15. Lot & land

    1
    Year built
    100+
  16. Listing & possession

    3
    Occupancy
    Immediate with Tenant
    Property style
    2-Storey
    Property class
    Triplex
  17. Room-by-room · 18 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    13 rooms
    • Primary Bedroom
      14.3 × 10.5 ft
    • Family Room
      12.6 × 6.3 ft
    • Bathroom
      4 Pc Bath
      5.1 × 6.1 ft
    • Other
      6.4 × 7.4 ft
    • Bedroom
      10.2 × 9.4 ft
    • Other
      6.1 × 2.9 ft
    • Living Room
      11.5 × 13.5 ft
    • Dining Room
      12.6 × 6.6 ft
    • Kitchen
      7.5 × 8.4 ft
    • Foyer
      6.6 × 13.6 ft
    • Other
      4.9 × 3.6 ft
    • Bathroom
      4 Pc Bath
      7.5 × 5.0 ft
    • Kitchen
      7.1 × 7.0 ft

    Second level

    4 rooms
    • Bathroom
      4 Pc Bath
      8.7 × 4.2 ft
    • Bedroom 2
      16.2 × 13.6 ft
    • Bedroom
      9.3 × 10.5 ft
    • Kitchen
      8.7 × 6.0 ft

    Basement level

    1 room
    • Utility Room
      16.5 × 15.3 ft
    Combined estimate
    $2,289
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $2,039
    /mo
    based on the purchase price of $415,000
    $83,000 cash
    $332,000 financed
    $279,631 total interest
    Monthly payment$2,039/ month
    Principal54%$332,000
    Interest46%$279,631

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    or send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable triplexs that just sold in Niagara Falls

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 6175 Barker Street
      Sold
      Sign in for price
      6175 Barker Street
      Triplex
    • 6266 Culp Street
      Sold
      Sign in for price
      6266 Culp Street
      Triplex
    • 4779 St Clair Avenue
      Sold
      Sign in for price
      4779 St Clair Avenue
      Triplex
    • 4677 Crysler Avenue
      Sold
      Sign in for price
      4677 Crysler Avenue
      Triplex
    AddressBd / BaSqftSold$/sqft% of askSold
    4640 Morrison StreetThis home4 / 315,002,000$415,000ask———
    6175 Barker Street7 / 42,000—
    6266 Culp Street5 / 32,000—
    Sold prices are hidden under TRREB rules. to reveal them.
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  18. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  19. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  20. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  21. Public listing courtesy of RE/MAX ESCARPMENT GOLFI REALTY INC. · displayed on Summitly per MLS® data-share rules

    4640 Morrison Street is a 4-bedroom, 3-bath, 1500-2000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  22. When was 4640 Morrison Street built?

    4640 Morrison Street was built in 100+. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  23. What is the property tax for 4640 Morrison Street?

    The 'Property tax' tab in the History section shows the most recent annual tax for 4640 Morrison Street plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  24. How much would the monthly mortgage be on 4640 Morrison Street?

    The affordability calculator on this page shows an estimated monthly mortgage for $415,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  25. Has 4640 Morrison Street been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 4640 Morrison Street with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  26. What neighbourhood is 4640 Morrison Street in?

    4640 Morrison Street is in Downtown, Niagara Falls. The 'Neighbourhood' section below links to the live Niagara Falls real estate hub with average sold price, days on market, and current inventory.

  27. Is Niagara Falls a good place to live?

    Niagara Falls is one of ON's actively-tracked Summitly markets. The full Niagara Falls real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  28. 4779 St Clair Avenue
    6 / 3
    2,000
    —
    4677 Crysler Avenue3 / 32,000—