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Price Change$625,000

6054 Corwin Avenue

216 - Dorchester, Niagara Falls

$590,000

Detached|Bungalow
3 | 4 | 5
About this home

Nice 1.5 Storey Bungalow, on a Nice Corner Lot, with a Double Garage, for a Total of 5 Parking Spots, in Good Condition, in a Nice Location. Sold As Is, Where Is.

Extras

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. Age51-99
Size1500-2000 sq. ft.
Property Tax$4,250
Lot Size60 ft x 130.5 ft
mls© NumberX13599702
Listed ByGOWEST 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%
$3,020
Property tax
$354
Heat allowance
$150
Housing costs
$3,524 / mo

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

Down payment20% · $118,000
25-yr amortization

Income needed

$108,000

gross annual household income

Payment at 4%
$2,483 / mo
Cash down
$118,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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