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Listed 2 months ago

8025 Michael Street

213 - Ascot, Niagara Falls

$579,000

Detached|Bungalow
3 | 2 | 2
About this home

Once in a lifetime opportunity to own a remarkably upgraded bungalow located in one of the most beautiful tree-lined streets in the Ascot neighbourhood. This pie-shaped lot is directly connected to a creek, providing privacy with no rear neighbours and extra land for enjoyment. Soak in the sun with natural light pouring in from the living room bay windows and kitchen windows. Three spacious bedrooms and upgraded bathroom located on main floor. Fully finished basement includes a large recreational room, perfect for hosting guests and large gatherings. 8025 Michael Street is located beside major arterial roads such as Thorold Stone Road and Montrose Road, the QEW highway, highway 58, grocery stores, restaurants, churches, schools, bus stops, pharmacies, gas stations/charging stations, and much more. The beautifully landscaped surroundings create a peaceful and calming atmosphere, making it a place you'll be proud to call home!

Extras

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,608
Lot Size77 ft x 120 ft
mls© NumberX13560058
Listed ByROYAL LEPAGE NRC 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%
$2,964
Property tax
$301
Heat allowance
$150
Housing costs
$3,414 / mo

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

Down payment20% · $115,800
25-yr amortization

Income needed

$105,000

gross annual household income

Payment at 4%
$2,437 / mo
Cash down
$115,800

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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