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217 - Arad/Fallsview, Niagara Falls
$465,000
Beautifully updated throughout, this versatile home offers 2+1 bedrooms and 2 full bathrooms, making it an excellent opportunity for first-time homebuyers, investors, or those seeking additional income potential. The bright main floor features luxury vinyl plank flooring throughout, a spacious living room, kitchen, two bedrooms, and a 4-piece bathroom. A convenient rear entrance provides direct access to both the kitchen and the finished basement.The freshly painted basement includes a large recreation room, a bedroom, a brand-new modern full bathroom, and a kitchenette with countertop, offering excellent potential for an in-law suite or an easy conversion to a second unit for added rental income. Situated on a desirable 40' x 100' lot, the property also features a long single driveway, a rear wood deck, a fully fenced backyard, and a storage shed. Ideally located just minutes from Casino Niagara, Fallsview Casino Resort, and the vibrant Clifton Hill entertainment district, you'll enjoy convenient access to world-class dining, attractions, shopping, and nightlife. A fantastic opportunity to own a move-in-ready home in one of Niagara Falls' most sought-after locations. Property under TRM(Transitional Residential Multiple) zoning, Zoning By-law No. 79-200.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $2,483 |
| Lot Size | 40 ft x 100 ft |
| mls© Number | X13542498 |
| Listed By | Toronto Real Estate Realty Plus 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%
- $2,380
- Property tax
- $207
- Heat allowance
- $150
- Housing costs
- $2,737 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$84,000
gross annual household income
- Payment at 4%
- $1,957 / mo
- Cash down
- $93,000
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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