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Price Change$420,000

5037 Jepson Street

211 - Cherrywood, Niagara Falls

$399,900

Detached|1 1/2 Storey
3 | 1 | 5
About this home

Welcome to 5037 Jepson St in the heart of Niagara Falls. Situated on a oversized corner lot in a quiet, family-friendly neighbourhood, this home will offer you an exceptional lifestyle just minutes from world-famous Niagara Falls, Fallsview Casino, and the GO Train Station.Step inside through the spacious, welcoming foyer into an oversized living room highlighted by a wood-burning fireplace. The formal dining room flows into a sunroom with double sliding patio doors leading to the private backyard. The Kitchen convenient access to the rear deck. The second floor offers three generously sized bedrooms, along with a 4-piece bathroom featuring a restored clawfoot tub.This property sold "as is", "where is"!

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style1 1/2 Storey
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$2,537
Lot Size50 ft x 92 ft
mls© NumberX13541904
Listed ByWisdomax Realty 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%
$2,047
Property tax
$211
Heat allowance
$150
Housing costs
$2,408 / mo

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

Down payment20% · $79,980
25-yr amortization

Income needed

$74,000

gross annual household income

Payment at 4%
$1,683 / mo
Cash down
$79,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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