6510 DRUMMOND Rd
216 - Dorchester, Niagara Falls, L2G 4N3
FOR SALE
$569,800
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Property Description
Excellent Investment Opportunity! Legal duplex at corner of Drummond & Dixon - less than 2km from Fallsview Blvd, close to public transit, highway access, schools and shopping. Two self-contained units with separate entrances. Spacious 1Bed, 1Bath unit on the main level. Larger 3 bedroom suite occupying the rest of the main level and all of the 2nd floor. This unit offers a primary bedroom with bright windows on the main floor with two well-sized bedrooms and a bathroom on upper level. Large corner lot provides plenty of parking. Great tenants, willing to stay or vacate with adequate notice. Take over and start collecting revenue right away or live in one unit and keep the rent coming in from the other one. Amazing location, close to Niagara Falls. Strong potential for future appreciation. Buy a detached, 1.5 storey legal duplex, on a large lot in a prime location-for the price of a condo! Don't delay!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-05-12 | 2021-07-07 | 56 | $524,900 | - | Expired |
| 2021-05-12 | 2021-07-07 | 56 | $524,900 | - | Expired |
| 2021-07-28 | 2021-08-26 | 29 | $519,900 | $535,000 | Sold |
| 2021-07-28 | 2021-08-26 | 29 | $519,900 | $535,000 | Sold |
| 2021-04-21 | 2021-07-07 | 77 | $524,900 | - | Expired |
| 2021-04-08 | 2021-04-14 | 6 | $499,900 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Lot Size
53' x 136'
Acreage
< .50
Taxes
$2,345 (2023)
Basement
Full, Unfinished
Exterior
Metal/Side, Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Other
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Prim Bdrm | Main | 10.40' x 13.16' | |
| Kitchen | Main | 5.41' x 13.16' | |
| Living | Main | 8.43' x 15.42' | |
| Br | 2nd | 7.35' x 12.40' | |
| Br | 2nd | 7.35' x 12.40' | |
| Family | Main | 11.91' x 12.40' | |
| Br | Main | 8.43' x 12.99' | |
| Kitchen | Main | 4.99' x 10.99' |
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Niagara Falls Market Statistics
Niagara Falls Price Trend
6510 DRUMMOND Rd is a 4-bedroom 2-bathroom home listed for sale at $569,800, which is $118,869 (17.3%) lower than the average sold price of $688,669 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 4 bedroom home in Niagara Falls increased by $74,547 (12.1%) compared to the previous 30 day period (November 19 - December 18) and down $68,931 (9.1%) from the same time one year ago.Inventory Change
There were 39 4-bedroom homes listed in Niagara Falls over the last 30 days (December 19 - January 17), which is up 62.5% compared with the previous 30 day period (November 19 - December 18) and up 200.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Niagara Falls typically sold ($5,133) (0.7%) below asking price over the last 30 days (December 19 - January 17), which represents a $7,561 increase compared to the previous 30 day period (November 19 - December 18) and ($20,360) more 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 (December 19 - January 17) stood at 228.2%, down from 287.5% over the previous 30 days (November 19 - December 18) and up from 76.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Niagara Falls stood at 42 days when successfully sold over the last 30 days (December 19 - January 17), compared to 74 days before being removed from the market upon being suspended or terminated.Listing contracted with Coldwell Banker Momentum Realty, Brokerage
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