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Listed 5 months ago

5201 Valley Way

211 - Cherrywood, Niagara Falls

$649,000

Detached|Bungalow
2 | 2 | 3
About this home

BE FIRST! to view this stunning, all-brick bungalow in Niagara Falls. You will not find another with all this has to offer! This home has had all the upgrades done. Just move right in. Appealing to different lifestyles. Main floor living plus lower level 1 bedroom apartment for in-laws or extended family. Situated on a gorgeous boulevard, in the quiet part of the neighbourhood. Kitty corner, to a lovely park. Inside on the upper floor, you will find a newer kitchen, stone countertops, built-in appliances, eat-in area, and a large living room with wood burning fireplace as a focal point, lots of windows, neutral tones, and stunning floors throughout. Main bathroom has a huge walk-in shower plus second bedroom on this level. The laundry is perfectly situated with plenty of storage. Lower level is a self-contained 1 bed apartment with large living room, updated kitchen, and bathroom. You must see to experience the possibilities...book your appointment today!

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Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$2,903
Lot Size40 ft x 125.5 ft
mls© NumberX13041728
Listed ByRIGHT AT HOME REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,322
Property tax
$242
Heat allowance
$150
Housing costs
$3,714 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $129,800
25-yr amortization

Income needed

$114,000

gross annual household income

Payment at 4%
$2,731 / mo
Cash down
$129,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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