4550 Homewood Avenue, Niagara Falls

Price: $399,999

2 bedrooms, 1 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13479910

Attention Investors & First-Time Buyers! Discover a spectacular, turn-key investment opportunity strategically located in a high-demand rental market. This fully upgraded home is completely move-in ready and features a sleek, newly renovated washroom, fresh paint throughout, modern pot lights, brand-new laminate flooring, and elegant ceramic tiles. The updated kitchen comes complete with a brand-new stainless steel stove, making it entirely worry-free. Perfect for student housing or commuters, this property boasts an unbeatable location just minutes from downtown Niagara Falls, the GO Train Station, the GO Bus Station, and the main transit terminal. Combined with a generous driveway that easily accommodates three vehicles, this high-yield property offers an incredible opportunity to maximize your portfolio or settle into a beautifully modernized home. Don't miss out on this phenomenal, must-see property-schedule your private viewing today!

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$399,999 - 4550 Homewood Avenue, Niagara Falls

Detached for Sale in Niagara Falls

Popular Listing

Neighbourhood: 211 - Cherrywood

2Beds
1Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13479910
Property Type
Detached
Status
active
Days on Site
14
Bedrooms
2
Bathrooms
1
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Niagara Falls
Listing Brokerage
HOMELIFE SUPERSTARS REAL ESTATE LIMITED
Description

Attention Investors & First-Time Buyers! Discover a spectacular, turn-key investment opportunity strategically located in a high-demand rental market. This fully upgraded home is completely move-in ready and features a sleek, newly renovated washroom, fresh paint throughout, modern pot lights, brand-new laminate flooring, and elegant ceramic tiles. The updated kitchen comes complete with a brand-new stainless steel stove, making it entirely worry-free. Perfect for student housing or commuters, this property boasts an unbeatable location just minutes from downtown Niagara Falls, the GO Train Station, the GO Bus Station, and the main transit terminal. Combined with a generous driveway that easily accommodates three vehicles, this high-yield property offers an incredible opportunity to maximize your portfolio or settle into a beautifully modernized home. Don't miss out on this phenomenal, must-see property-schedule your private viewing today!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,052.20/mo

Includes CMHC insurance ($11,160)

$
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5%10%50%

5-yr fixed avg.

Principal: $359,999Interest: $244,502
Mortgage Amount$371,159
Total Interest$244,502
Est. Property Tax$283/mo
Total Cost$615,660

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.

Ready to get pre-approved?

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Neighbourhood Guide: 211 - Cherrywood

Discover 211 - Cherrywood

211 - Cherrywood 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 211 - Cherrywood

  • 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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

211 - Cherrywood 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.

70
Walk Score
Varies
Price Range

4550 Homewood Avenue, Niagara Falls

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
6.1%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$2,034

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $364/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.

Detached Home Advantages

Detached homes in Niagara Falls are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

About 211 - Cherrywood

I know 211 - Cherrywood 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.

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.

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    4550 Homewood Avenue, Niagara Falls | $399,999 | Battaglia Team