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Listed 2 months ago

4770 Queen Street

210 - Downtown, Niagara Falls

$749,900

Detached|2-Storey
5 | 3 | 5
About this home

Location is the key word. A good investment for the right person with the right ideas. So many opportunities for this central business commercial zoned property (CB2). See attachment for permitted uses. In addition to commercial business potential, there is possibility for severance and another structure to be built with access to the property from Queen Street or Valley Way. Buyer to do their own due diligence with City of Niagara Falls for permitted uses.

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Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$2,455
Lot Size50 ft x 184 ft
mls© NumberX13624328
Listed ByRE/MAX DYNAMICS 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%
$3,838
Property tax
$205
Heat allowance
$150
Housing costs
$4,193 / mo

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

Down payment20% · $149,980
25-yr amortization

Income needed

$129,000

gross annual household income

Payment at 4%
$3,156 / mo
Cash down
$149,980

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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