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Listed 4 months ago

4751 Baldwin Avenue

213 - Ascot, Niagara Falls

$499,900

Detached|1 Storey/Apt
2 | 1 | 5.5
About this home

Located in the desirable and established Ascot community of Niagara Falls at 4751 Baldwin Ave , this exceptional property offers a rare blend of immediate cash flow, financial leverage, and tremendous future development potential near Montrose Rd. Situated on an expansive 53.06 x 131.4-foot lot , the well-maintained bungalow features a practical layout without a basement, making it ideal for families seeking an affordable transitional home with long-term investment upside. For savvy investors and builders, this is a premier opportunity to secure a prime piece of land using conventional residential mortgage leverage, as the existing structure can be completely relocated and sold for instant cash, leaving a vacant lot ready for a brand-new build. Generating an immediate rental income of $1,850 per month from a reliable AAA tenant, combined with a separate detached garage equipped with hydro, an owned water heater, and absolutely no monthly fees, this turn-key asset ensures completely stress-free cash flow while you plan your next move.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style1 Storey/Apt
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,319
Lot Size53 ft x 131 ft
mls© NumberX13114450
Listed ByHOMELIFE LANDMARK REALTY INC.

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%
$2,559
Property tax
$277
Heat allowance
$150
Housing costs
$2,985 / mo

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

Down payment20% · $99,980
25-yr amortization

Income needed

$92,000

gross annual household income

Payment at 4%
$2,104 / mo
Cash down
$99,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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