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Listed 3 months ago

7116 Centennial Street

217 - Arad/Fallsview, Niagara Falls

$549,900

Detached|Backsplit 3
3 | 2 | 8
About this home

Welcome to 7116 Centennial Street located in a desired family neighbourhood of Niagara Falls. Close to all amenities and quick access to the Q.E.W. This charming 3 bedroom, 2 bathroom back-split offers a brand new kitchen, separate dining room and living room with updated flooring and painting (2026). The second floor offers an elegant 3 piece bathroom and 3 very spacious bedrooms, with the primary offering a his and hers closet. The basement is fully finished with a gas fireplace, 3 piece bath, a kids play area and tons of storage! Access from the kitchen to side concrete patio with privacy wall to enjoy your morning coffee or to BBQ. This home has plenty of parking with 2 driveways and a detached garage! Some update mentions: Newly paved driveway (2024), New Furnace (2025), AC (approx. 2010), Basement waterproofing (2018), Roof approx. 10-12 years. This home has much to offer to a wide range of people, whether to a family, a commuter, or anything in-between, you won't want to miss out on this gem.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBacksplit 3
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,674
Lot Size46.55 ft x 100 ft
mls© NumberX13508544
Listed ByEXP 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%
$2,815
Property tax
$306
Heat allowance
$150
Housing costs
$3,271 / mo

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

Down payment20% · $109,980
25-yr amortization

Income needed

$101,000

gross annual household income

Payment at 4%
$2,314 / mo
Cash down
$109,980

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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