6068 Drummond Rd
Niagara Falls, L2G 4M2
FOR SALE
$648,888
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Property Description
Just steps away from downtown Niagara and within walking distance to an array of Niagara's amenities, attractions, and popular destinations. This property can be configured as three individual units or as a combination split of two residential units plus a garden suite, making it perfect for a Bed & Breakfast, Air BnB, vacation rentals, or long-term tenants. Enjoy peace of mind with extensive renovations completed throughout the property. Significant investment has been made in upgrades, ensuring a modern and welcoming atmosphere for guests and tenants alike. With the right vision, you can transform this property into a profitable venture that suits your business goals, work and live, live and rent, and helps on paying the mortgage in many ways, Why Choose This Property? Benefit from the constant flow of potential customers passing by, giving your business unmatched visibility and accessibility. Seize this golden opportunity to invest in a property with unbeatable potential.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-21 | 2024-09-12 | 114 | $648,000 | - | Terminated |
| 2024-04-11 | 2024-05-21 | 40 | $719,000 | - | Terminated |
| 2023-05-25 | 2023-08-08 | 75 | $679,000 | - | Terminated |
| 2022-01-25 | 2022-01-31 | 7 | $399,900 | $447,000 | Sold |
| 2021-07-06 | 2021-10-31 | 117 | $439,000 | - | Expired |
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Property Details
Street
City
Property Type
Detached, 1 1/2 Storey
Lot Size
40' x 115'
Fronting
East
Taxes
$2,553 (2023)
Basement
Part Fin, Sep Entrance
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 12.30' x 13.29' | |
| Dining | Main | 10.01' x 14.53' | |
| Family | Main | 11.15' x 14.34' | |
| 2nd Br | Main | 7.78' x 13.94' | |
| Prim Bdrm | 2nd | 13.78' x 16.90' | |
| 3rd Br | 2nd | 8.07' x 9.12' |
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Niagara Falls Market Statistics
Niagara Falls Price Trend
6068 Drummond Rd is a 3-bedroom 2-bathroom home listed for sale at $648,888, which is $5,440 (0.8%) higher than the average sold price of $643,448 in the last 30 days (October 2 - October 31). During the last 30 days the average sold price for a 3 bedroom home in Niagara Falls declined by $24,910 (3.7%) compared to the previous 30 day period (September 2 - October 1) and down $12,827 (2.0%) from the same time one year ago.Inventory Change
There were 66 3-bedroom homes listed in Niagara Falls over the last 30 days (October 2 - October 31), which is down 26.7% compared with the previous 30 day period (September 2 - October 1) and down 7.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Niagara Falls typically sold ($19,290) (3.0%) below asking price over the last 30 days (October 2 - October 31), which represents a $6,637 decrease compared to the previous 30 day period (September 2 - October 1) and ($19,103) 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 3-bedroom homes in Niagara Falls over the last 30 days (October 2 - October 31) stood at 121.2%, up from 43.3% over the previous 30 days (September 2 - October 1) and up from 40.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Niagara Falls stood at 31 days when successfully sold over the last 30 days (October 2 - October 31), compared to 41 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realty Specialists Inc.
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