5568 Drummond Road, Niagara Falls

Price: $548,000

5 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13683874

Welcome to an opportunity that goes well beyond the home itself. Set on an impressive 250 foot deep lot in the heart of Niagara Falls, this property offers the space, location, and flexibility to think about both today and tomorrow.Enjoy the existing home as a comfortable residence while exploring the possibilities that a lot of this size may offer. Whether your vision includes a garden suite, additional dwelling, severance opportunity to create a separate building lot, or a future redevelopment concept, there are several potential directions for an owner, investor, or builder to investigate. All development, severance, additional dwelling, and garden suite opportunities are subject to municipal zoning, servicing, permits, approvals, and confirmation with the City of Niagara Falls. The existing home also provides versatility, featuring a fully finished lower level with a separate entrance, creating potential for extended family, an in law setup, or additional living space. A garage, generous driveway parking, and the exceptional depth of the property add to its functionality and appeal. Located approximately 5 minutes from Niagara Falls attractions, with convenient access to the QEW, schools, shopping, transit, and everyday amenities, the location combines accessibility with long term potential. You're not simply buying a house. You're buying options. Live in it, invest in it, explore adding another dwelling, investigate severance, or hold the property while planning for the future. Properties with this combination of an existing home, a 250 foot deep lot, central location, and multiple potential future uses don't come along often. Bring your vision and explore what could be possible.

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New Listing
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$548,000 - 5568 Drummond Road, Niagara Falls

Detached for Sale in Niagara Falls

New — Listed 6 days ago

Neighbourhood: 215 - Hospital

5Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13683874
Property Type
Detached
Status
active
Days on Site
6
Bedrooms
5
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Niagara Falls
Listing Brokerage
BOLDT REALTY INC., BROKERAGE
Description

Welcome to an opportunity that goes well beyond the home itself. Set on an impressive 250 foot deep lot in the heart of Niagara Falls, this property offers the space, location, and flexibility to think about both today and tomorrow.Enjoy the existing home as a comfortable residence while exploring the possibilities that a lot of this size may offer. Whether your vision includes a garden suite, additional dwelling, severance opportunity to create a separate building lot, or a future redevelopment concept, there are several potential directions for an owner, investor, or builder to investigate. All development, severance, additional dwelling, and garden suite opportunities are subject to municipal zoning, servicing, permits, approvals, and confirmation with the City of Niagara Falls. The existing home also provides versatility, featuring a fully finished lower level with a separate entrance, creating potential for extended family, an in law setup, or additional living space. A garage, generous driveway parking, and the exceptional depth of the property add to its functionality and appeal. Located approximately 5 minutes from Niagara Falls attractions, with convenient access to the QEW, schools, shopping, transit, and everyday amenities, the location combines accessibility with long term potential. You're not simply buying a house. You're buying options. Live in it, invest in it, explore adding another dwelling, investigate severance, or hold the property while planning for the future. Properties with this combination of an existing home, a 250 foot deep lot, central location, and multiple potential future uses don't come along often. Bring your vision and explore what could be possible.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,811.52/mo

Includes CMHC insurance ($15,289)

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5-yr fixed avg.

Principal: $493,200Interest: $334,968
Mortgage Amount$508,489
Total Interest$334,968
Est. Property Tax$388/mo
Total Cost$843,457

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.

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Neighbourhood Guide: 215 - Hospital

Discover 215 - Hospital

215 - Hospital 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 215 - Hospital

  • 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

215 - Hospital 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

5568 Drummond Road, Niagara Falls

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
6.8%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$388
Insurance (est.)-$114
Net Cash Flow+$3,098

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 $783/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Niagara Falls's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Excellent Flexibility

With 5 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 215 - Hospital

I know 215 - Hospital 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.

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    5568 Drummond Road, Niagara Falls | $548,000 | Battaglia Team