$739,900 - 4213/4207 4213/4207 Drummond Road, Niagara Falls
Multi-Family for Sale in Niagara Falls
Neighbourhood: 212 - Morrison
- MLS Number
- X13610550
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 27
- Bedrooms
- 6
- Bathrooms
- 2
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Niagara Falls
- Listing Brokerage
- ROYAL LEPAGE NRC REALTY
Excellent opportunity to own a versatile side-by-side semi-detached property at 4213 & 4207 Drummond Road, situated on a high-exposure 90 ft 110 ft corner lot. One unit is currently operating as a chiropractic office, while the other features a bright two-bedroom residential layout with a full kitchen and bathroom.The full-height basement includes a rough-in for an additional bathroom. TRM zoning offers flexible possibilities, including live/work use, professional offices, rental income or future redevelopment. Additional features include the potential for separate driveways, plus available blueprints and proposed addition plans.Conveniently located just minutes from public transit, shopping and everyday amenities. Don't miss this renewed opportunity to secure a flexible income-producing property with excellent future potential!
Estimate your monthly payments for this property
Estimated Payment
$3,796.07/mo
Includes CMHC insurance ($20,643)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover 212 - Morrison
212 - Morrison is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in 212 - Morrison
- •Convenient location in Niagara Falls
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
212 - Morrison offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
4213/4207 4213/4207 Drummond Road, Niagara Falls
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $370/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 27 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Niagara Falls.
About 212 - Morrison
I know 212 - Morrison well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Niagara Falls properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,083 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.