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Price Change$608,000

4503 Maplewood Avenue

212 - Morrison, Niagara Falls

$548,800

Detached|Bungalow
3 | 1 | 1
About this home

Charming move-in-ready bungalow in the desirable Cherrywood Acres subdivision. One level living with 3 bedrooms, walking distance to Cherrywood Acres Public School, and great curb appeal with a sit-out front porch on a very quiet street. The unique floorplan offers warm, inviting living space, a living room open to the dining room, both in hardwood, and an eat-in kitchen that leads to a sitting room at the back for extra space. Three bedrooms and a full washroom with bath complete the main level. The basement offers great potential: partially drywalled and made electrical-ready, with a rough-in for a powder room, plus a laundry room and storage. Some of the visible older cast iron piping in the basement has been updated with newer plumbing. Finish it to suit your needs. The huge backyard offers wonderful privacy. Recent updates include new pot lights installed with ESA approval, a new dishwasher, new kitchen laminate countertop, and new tiled backsplash. Centrally located near Highway 420 and Drummond Road for quick QEW access, with Oakes Park and WL Houck Park close by for playgrounds, sports fields, and trails. All measurements and information to be verified by the buyer and buyer's agent.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,127
Lot Size63.23 ft x 135 ft
mls© NumberX13527268
Listed ByEXCEL-HOME REAL ESTATE 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%
$2,809
Property tax
$344
Heat allowance
$150
Housing costs
$3,303 / mo

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

Down payment20% · $109,760
25-yr amortization

Income needed

$102,000

gross annual household income

Payment at 4%
$2,309 / mo
Cash down
$109,760

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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