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Price Change$659,888

5404 Bridge Street

211 - Cherrywood, Niagara Falls

$599,999

Detached|2-Storey
3 | 2 | 6
About this home

Prime Niagara Falls Location! Welcome To This Charming 2-Storey Home, Offering Space, Functionality, And Excellent Income Potential. The Main Floor Features A Welcoming Large Foyer With Dark Wood Staircase, An Open-Concept And Bright Living And Dining Area Combined, With Direct Access To A Large Deck/Patio, Fully Fenced And Treed Yard, Perfect For Summer Entertaining. Kitchen Provides A Bright And Spacious Area, With Upgraded Granite Counter/Backsplash And Multiple Old-Charm Cupboard Space. The Upper Level Offers 3 Bedrooms And A Bright And Spacious 4-Piece Bathroom. The Fully Finished Basement Features A Separate Entrance, Cozy Living Room Combined With Breakfast Bar Seating And Modern Eat-In Kitchen. Open Concept Bedroom With Walk-In Closet. A 3-Piece Bathroom, And Laundry Area. Exterior Highlights Include A Front Covered Porch, Ideal For Relaxing, And A Long Driveway With Parking For Up To 6 Vehicles. Very Spacious Fully-Fenced And Treed Backyard, With Large Deck Perfect For Outdoor Entertaining And A Detached Garage/Storage. Perfect For Multi-Generational Living Or Buyers/Investors Looking For Potential Income Opportunity. Book Your Showing Today.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$2,900
Lot Size40 ft x 120 ft
mls© NumberX13150052
Listed ByHOMELIFE HEARTS 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%
$3,071
Property tax
$242
Heat allowance
$150
Housing costs
$3,463 / mo

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

Down payment20% · $120,000
25-yr amortization

Income needed

$107,000

gross annual household income

Payment at 4%
$2,525 / mo
Cash down
$120,000

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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