5070 drummond Road Unit 28, Niagara Falls

Price: $469,000

3 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X13088386

Welcome to Pine Meadows! Beautiful and inviting towns complex, with just 34 units, with lots of visitor parking. 2025-6 Newly paved (except unit's driveway).Updated 2 storey townhome. 3 bedrooms. 3 bathrooms! (one on each level). 2nd level laundry room. Primary bedroom walk-in closet and privilege door to the bathroom. Basement is finished. New flooring on the staircase and the 2nd level. Furnace is high efficiency, 2015 and the air conditioner unit 2021; they also have the protection plan via enercare so the units have had maintenance checks once/year since 2021.*Brand new windows 2024-4-30! Centrally located near all the great amenities Niagara Falls has to offer like the Falls district, Big box stores like Costco, etc...

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$469,000 - 5070 drummond Road Unit 28, Niagara Falls

Condo for Sale in Niagara Falls

38 days on market
3Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
X13088386
Property Type
Condo
Status
active
Days on Site
38
Bedrooms
3
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Niagara Falls
Locker
None
Exposure
North
Balcony
Terrace
Listing Brokerage
ROYAL LEPAGE NRC REALTY
Description

Welcome to Pine Meadows! Beautiful and inviting towns complex, with just 34 units, with lots of visitor parking. 2025-6 Newly paved (except unit's driveway).Updated 2 storey townhome. 3 bedrooms. 3 bathrooms! (one on each level). 2nd level laundry room. Primary bedroom walk-in closet and privilege door to the bathroom. Basement is finished. New flooring on the staircase and the 2nd level. Furnace is high efficiency, 2015 and the air conditioner unit 2021; they also have the protection plan via enercare so the units have had maintenance checks once/year since 2021.*Brand new windows 2024-4-30! Centrally located near all the great amenities Niagara Falls has to offer like the Falls district, Big box stores like Costco, etc...

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,406.21/mo

Includes CMHC insurance ($13,085)

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5-yr fixed avg.

Principal: $422,100Interest: $286,679
Mortgage Amount$435,185
Total Interest$286,679
Est. Property Tax$332/mo
Total Cost$721,864

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Niagara Falls

Discover Niagara Falls

Niagara Falls is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Niagara Falls

  • Convenient location in Niagara Falls
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Niagara Falls offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

5070 drummond Road Unit 28, Niagara Falls

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$332
Insurance (est.)-$98
Net Cash Flow+$1,710

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $391/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 38 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    5070 drummond Road Unit 28, Nia… — $469,000 | Battaglia Team