5098 Drummond Rd is a land in Niagara Falls, listed for $299,900. It has < 700 sq ft of living space.
1Discover the potential of this rectangular residential building lot in a central Niagara Falls location.
2Commuters will appreciate quick highway access, while nearby parks, schools and major public transit routes add everyday convenience.The existing dwelling is vacant and unavailable for viewing.
LOT IS 55' X 156". Discover the potential of this rectangular residential building lot in a central Niagara Falls location. The property offers approximately 55 feet of frontage on Drummond Road and a depth of 156 feet, with excellent visibility along a major thoroughfare.Zoned R1C, the property may accommodate a variety of residential possibilities, subject to the buyer's verification and approval by the City of Niagara Falls. Commuters will appreciate quick highway access, while nearby parks, schools and major public transit routes add everyday convenience.The existing dwelling is vacant and unavailable for viewing. Property is being sold "as is, where is."
works out to roughly $428 per square foot. Chat with Zara if you'd like a deeper read on whether this land fits your budget and timing.
Inside 5098 Drummond Rd
Every detail from the listing, in one place.
Type
Land
Living space
< 700 sq ftas stated on the listing
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Vacant Land
5098 Drummond Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13691388$299,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 5098 Drummond Rd Compares to the Niagara Falls Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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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
$1,473
/mo
based on the purchase price of $299,900
$59,980 cash
$239,920 financed
$202,076 total interest
Principal54%$239,920
Interest46%$202,076
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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Similar homes for sale nearby in Niagara Falls
Other homes for sale in Niagara Falls around $300K.
Average days on market43Homes sold in about 43 days on average.
Sale-to-list ratio96.5%On average, homes sold below asking.
Active listings749Homes for sale here right now.
Median vs prior 90 days+4.4%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 426 sales from Jul 25 – Oct 23, 2026 (294 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
5098 Drummond Rd is listed at $299,900 (MLS® X13691388). Summitly updates the price as soon as the MLS® record changes.
Is $299,900 a good price for 5098 Drummond Rd?
Summitly rates it Excellent Deal: the asking price is 10% or more below 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 5098 Drummond Rd changed?
No — 5098 Drummond Rd is still listed at its original asking price of $299,900.
How many bedrooms and bathrooms does 5098 Drummond Rd have?
5098 Drummond Rd has about 700 square feet of living space. The listing doesn't publish a bedroom or bathroom count. It is a lot in Niagara Falls.
Is 5098 Drummond Rd close to transit?
The nearest rapid-transit station is Niagara Falls GO Station (Lakeshore West GO), about 3.0 km 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 5098 Drummond Rd?
About $1,473 a month — principal and interest on $299,900 with 20% down ($59,980), 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 5098 Drummond Rd compare with other homes in Niagara Falls?
Its asking price of $299,900 is about 47% below the median sold price in Niagara Falls over the last 90 days, $569,250, across 426 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 5098 Drummond Rd been sold before?
Summitly has no earlier MLS® sale or lease of 5098 Drummond Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5098 Drummond Rd?
5098 Drummond Rd is in Niagara Falls, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5098 Drummond Rd been on the market?
66 days — 5098 Drummond Rd was listed on August 18, 2026.
What is the price per square foot of 5098 Drummond Rd?
About $428 per square foot: the asking price of $299,900 over the 700 sq ft the listing gives.
What is the land transfer tax on 5098 Drummond Rd?
About $2,974 in Ontario land transfer tax at the asking price of $299,900. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
