4680 Ryerson Crescent
210 - Downtown, Niagara Falls
$499,000
GREAT INVESTMENT OPPORTUNITY WITH IMMEDIATE INCOME ! 2 houses on 1 lot , front house is a 1.75 storey ,3 bedrooms, 1 bath and rear house is a 2 storey ,2 bedrooms ,1 bath. There are 2 driveways (1 for each house).Each house is on a separate electrical & GAS meters. Updates include: Front house-electrical 2024,furnace 2023,roof shingles 2016.Rear house-roof shingles 2014,boiller 2011, electrical 2024.***HOUSE NEXT DOOR 4688 RYERSON IS CURRENTLY LISTED FOR SALE AT $368,800 BY THE SAME SELLER. SELLER WILL CONSIDER HOLDING A VTB MORTGAGE FOR A QUALIFIED BUIYER.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $3,883 |
| Lot Size | 54.7 ft x 100 ft |
| mls© Number | X13522358 |
| Listed By | Century 21 Heritage House LTD |
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%
- $2,554
- Property tax
- $324
- Heat allowance
- $150
- Housing costs
- $3,028 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$93,000
gross annual household income
- Payment at 4%
- $2,100 / mo
- Cash down
- $99,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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