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Price Change$539,900

5285 THIRD Avenue

211 - Cherrywood, Niagara Falls

$499,900

Detached|2-Storey
4 | 2 | 2
About this home

2 1/2 storey period charmer, with 4 bedrooms, high ceilings, original trim and carpet free. All 4 levels are finished , Main floor features large foyer, original hardwood, kitchen, living and dining room with access to deck area and spacious fenced yard. Upper floors bedrooms, and bath, finished 3rd floor - primary as access to deck/balcony- attic finished with 4th bedroom with storage under eaves. The kitchen, furnace, air conditioner, vinyl windows, wiring, and plumbing all updated in past 10years. spacious rear fenced yard. Oversized mechanics dream garage. Large front porch for lazy evenings or morning coffee. Basement finished with office/recroom , laundry, storage and bath.Lots of room to grow,

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$2,487
Lot Size40 ft x 115 ft
mls© NumberX13482872
Listed ByBOLDT REALTY INC., BROKERAGE

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
$207
Heat allowance
$150
Housing costs
$2,916 / mo

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

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

Income needed

$90,000

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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