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Listed 2 months ago

5681 Morse Avenue

215 - Hospital, Niagara Falls

$490,000

Detached|1 1/2 Storey
2 | 2 | 4
About this home

Remarkable summer get-a-way in your own backyard! A 34 foot multi-level deck overlooks the large backyard with a gazebo dining area, sun-shaded outdoor dining area, and separate breakfast deck. Inside this home is just as pleasing. Open concept main level is carpet free with modern kitchen with breakfast island, full dining room with patio doors to separate morning coffee deck and a living room with large sunny window and gas fireplace with brick surround. This level is accented by a dynamic shiplap ceiling for a very special effect. The main bath is updated and there are two generous bedrooms on the second level, both with hardwood flooring. The lower level has a generous family room which is now used as a bedroom/family room combination. There is newer carpeting here and a portable electric fireplace. The large 3 piece bathroom and finished laundry room complete this level. The eavestrough gutter-guard system is an added bonus feature. This home has been lovingly cared for and is ready for you and your family. Offering a modern lifestyle in a friendly neighbourhood and close to a park and all the amenities you could require.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,165
Lot Size47.65 ft x 117.69 ft
mls© NumberX13561284
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%
$2,508
Property tax
$264
Heat allowance
$150
Housing costs
$2,922 / mo

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

Down payment20% · $98,000
25-yr amortization

Income needed

$90,000

gross annual household income

Payment at 4%
$2,062 / mo
Cash down
$98,000

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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