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High-income generating property with commercial potential in a prime Niagara Falls location! Zoned Neighborhood Commercial (NC), this unique 2,000 sq ft home on a 65x129 ft lot offers shopfront access from the house plus a separate front entrance ideal for a home-based business or professional office. Located on high-traffic Drummond Rd, just minutes from Lundys Lane, shopping, and QEW highway. Currently earns $36,000/year in rental income with potential to increase. Main level features 4 spacious bedrooms, a modern bath with double sinks, and a custom kitchen (2021) with marble countertops. Upgrades include few newer windows, 2x100A panels (2022), powder room (2022), and sump pump (2023). The bright lower-level in-law suite has a rough-in kitchen, new flooring (2023), 3-pc bath, laundry, and ample storage. Separate entrance leads to a covered patio and fenced backyard. Perfect for investors, families, or entrepreneurs miss this rare opportunity!
All Kitchen Appliances, washer dryer included.
City: Niagara Falls
Neighborhood: Hospital
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Jul 8, 2024 | N/A | $4,000 | N/A | Sold | X8494427 |
Apr 29, 2024 | 120 | $775,000 | N/A | Suspended | X8282216 |
Dec 14, 2023 | N/A | $4,000 | N/A | Sold | X7362836 |
Nov 23, 2023 | N/A | $800,000 | N/A | Terminated | X8707995 |
Nov 22, 2023 | 90 | $800,000 | N/A | Suspended | X7323706 |
Aug 4, 2023 | N/A | $850,000 | N/A | Terminated | X8706735 |
Aug 4, 2023 | 102 | $850,000 | N/A | Terminated | X6720764 |
Jun 14, 2023 | N/A | $869,000 | N/A | Terminated | X8498118 |
Jun 14, 2023 | 50 | $869,000 | N/A | Terminated | X6151468 |
May 6, 2021 | 147 | $2,000 | N/A | Expired | X5225462 |
Apr 13, 2021 | 135 | $1,200 | $1,200 | Leased | X5196660 |
Purchase Price | $779000 |
Down Payment | $155800 |
Mortgage Insurance | $0 |
Total Mortgage | $623200 |
Mortgage Payment | $3840 |
Property Taxes | $402 |
Maintenance Fees | $0 |
Monthly Payment | $4243 |
Sold Comparables homes near 5532 Drummond Rd, Niagara Falls
Located at 5532 Drummond Rd , this Niagara Falls house is available for sale. This property was listed for $779,000 on Thu Jun 05 2025. This house's size is 1500-2000 Sqft. It has 4 bedrooms and 4 bathrooms. The property includes the following rooms: Living, Kitchen, Br, 2nd Br, 3rd Br, 4th Br, Rec, Bathroom, Bathroom, Bathroom, Bathroom. This property comes with 10 parking spots. 5532 Drummond Rd, Niagara Falls is situated in the Hospital neighbourhood.
MLS#: X12197920 · $779,000 · 4 bedroom house in Hospital, Niagara Falls