5532 Drummond Rd W

Niagara Falls, L2G 4L3
FOR SALE
$775,000
5532 Drummond Rd W, Niagara Falls
5532 Drummond Rd W
5532 Drummond Rd W
5532 Drummond Rd W
5532 Drummond Rd W
5532 Drummond Rd W
5532 Drummond Rd W
5532 Drummond Rd W
5532 Drummond Rd W
5532 Drummond Rd W
5532 Drummond Rd W
5532 Drummond Rd W
5532 Drummond Rd W
5532 Drummond Rd W
5532 Drummond Rd W
5532 Drummond Rd W
5532 Drummond Rd W
5532 Drummond Rd W
5532 Drummond Rd W
5532 Drummond Rd W
5532 Drummond Rd W
5532 Drummond Rd W
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4 + 2
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
7
ROOMS
X8282216
MLSID
Contact Us
Property Description
WELCOME TO THE High-Income generating property in prime location, Zoned Neighborhood Commercial (NC) on Drummond Road with quick access to highway and other amenities.. This nice and cozy beautiful home is 2000SQFt, built on a lot size of 65X129 FT. This well-kept home with thousands spent on upgrades include fabulous new custom kitchen (2020) with marble counter tops, most windows, 2 X 100 A Panels (2022). Powder Room (2022) Sump Pump (2023) This house has 4 Bedrooms and Main Bath with Double Sink on the main floor. The lower level offers a full in law suite with a large eat in kitchen and living space. with new flooring (2023), Full Wash Room with 3- piece bath and a laundry room. Two partial bedrooms, Separate Entrance leading to a covered patio and a good-sized back yard. All Kitchen Appliances, washer dryer included. Lots of parking and storage space.
Property Details
Property Type
Detached, Bungalow-Raised
Lot Size
65' x 129'
Acreage
< .50
Fronting
West
Taxes
$4,621 (2023)
Basement
Finished, Full
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
10
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain13.75' x 14.99'
Prim BdrmMain10.01' x 16.99'
2nd BrMain10.01' x 12.01'
3rd BrMain10.01' x 8.99'
4th BrMain8.99' x 8.99'
FamilyBsmt10.01' x 20.01'
KitchenBsmt10.01' x 14.99'
BrBsmt8.99' x 8.99'
2nd BrBsmt8.99' x 8.99'
Niagara Falls Market Statistics
Niagara Falls Price Trend
5532 Drummond Rd W is a 4-bedroom 4-bathroom home listed for sale at $775,000, which is $58,722 (7.0%) lower than the average sold price of $833,722 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 4 bedroom home in Niagara Falls increased by $143,722 (20.8%) compared to the previous 30 day period (March 15 - April 13) and up $19,107 (2.3%) from the same time one year ago.
Inventory Change
There were 52 4-bedroom homes listed in Niagara Falls over the last 30 days (April 14 - May 13), which is up 40.5% compared with the previous 30 day period (March 15 - April 13) and up 100.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Niagara Falls typically sold ($25,344) (3.0%) below asking price over the last 30 days (April 14 - May 13), which represents a $4,556 increase compared to the previous 30 day period (March 15 - April 13) and ($23,030) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Niagara Falls over the last 30 days (April 14 - May 13) stood at 34.6%, down from 56.8% over the previous 30 days (March 15 - April 13) and down from 50.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Niagara Falls stood at 80 days when successfully sold over the last 30 days (April 14 - May 13), compared to 43 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife Superstars Real Estate Limited
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