6566 Drummond Rd

Niagara Falls, L2G 4N7
FOR SALE
$1,699,000
6566 Drummond Rd, Niagara Falls
6566 Drummond Rd
6566 Drummond Rd
6566 Drummond Rd
6566 Drummond Rd
6566 Drummond Rd
6566 Drummond Rd
6566 Drummond Rd
6566 Drummond Rd
6566 Drummond Rd
6566 Drummond Rd
6566 Drummond Rd
6566 Drummond Rd
6566 Drummond Rd
6566 Drummond Rd
6566 Drummond Rd
6566 Drummond Rd
6566 Drummond Rd
6566 Drummond Rd
6566 Drummond Rd
6566 Drummond Rd
6566 Drummond Rd
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6 + 3
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
8 + 4
ROOMS
X9251133
MLSID
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Property Description
Welcome to 6566 Drummond road. An investor seeking a great opportunity.This property features a huge lot (104,94 x 209.88ft), a total 22,024 Sq Ft of Lot. The front unit is a three-bedroom with a full kitchen, and living area. The back unit has another kitchen with 1 bedroom with living room. Each unit has a separate entrance. Fully finished basement with extra bedroom and1 full bathroom.Excellent Opportunity to Build Multiplex With Zoning R5B/NC for more income and redevelopment. Close To Niagara Falls (Steps To 1.4Km) Don't miss this fantastic opportunity!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-12-01 2024-07-24 236 $1,789,000 - Terminated
2022-11-12 2023-06-30 231 $1,999,000 - Expired
2022-11-12 2023-06-30 232 $1,999,000 - Expired
2022-06-28 2022-11-11 136 $2,380,000 - Terminated
Property Details
Property Type
Detached, 2 1/2 Storey
Approximate Sq.Ft.
1500-2000
Lot Size
105' x 210'
Fronting
South
Taxes
$3,339 (2023)
Basement
Apartment
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
7
Driveway
Pvt Double
Garage Type
None
Room Summary
RoomLevelSizeFeatures
Prim BdrmMain13.32' x 11.48'Vinyl Floor
BrMain11.15' x 10.66'
BrMain12.30' x 10.30'Vinyl Floor
KitchenMain14.99' x 10.50'Vinyl Floor
LivingMain10.73' x 10.83'Tile Floor
Br2nd10.99' x 13.81'
Br2nd10.99' x 13.81'
KitchenUpper11.65' x 18.83'Combined W/Dining, W/O To Yard
BrUpper12.50' x 11.15'
Niagara Falls Market Statistics
Niagara Falls Price Trend
6566 Drummond Rd is a 6-bedroom 3-bathroom home listed for sale at $1,699,000, which is $996,073 (141.7%) higher than the average sold price of $702,927 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 6 bedroom home in Niagara Falls increased by $72,927 (11.6%) compared to the previous 30 day period (September 21 - October 20) and down $497,073 (41.4%) from the same time one year ago.
Inventory Change
There were 5 6-bedroom homes listed in Niagara Falls over the last 30 days (October 21 - November 19), which is up 25.0% compared with the previous 30 day period (September 21 - October 20) and up 150.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
6-bedroom homes in Niagara Falls typically sold ($9,827) (1.4%) below asking price over the last 30 days (October 21 - November 19), which represents a $40,073 increase compared to the previous 30 day period (September 21 - October 20) and ($149,900) 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 6-bedroom homes in Niagara Falls over the last 30 days (October 21 - November 19) stood at 180.0%, up from 25.0% over the previous 30 days (September 21 - October 20) and up from 50.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 3-bathroom home in Niagara Falls stood at 37 days when successfully sold over the last 30 days (October 21 - November 19), compared to 167 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Triland Realty
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