5168 Stanley Avenue
211 - Cherrywood, Niagara Falls
$349,900
The house is fire damaged in total, no access is available. Can be viewed from the exterior only. Land value only. Details and measurements of the burned house are from the previous listings. Future development opportunity for a savvy investor if bought with next door property 5176 Stanley which is currently rented out to tenants. Both properties can be potentially rezoned for a commercial enterprise. The owner is open to sell the houses individually or together.
No extras listed.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $2,000 |
| Lot Size | 49.86 ft x 96.05 ft |
| mls© Number | X13631764 |
| Listed By | GLOBAL BRICKS EXECUTIVE HOMES 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%
- $1,791
- Property tax
- $167
- Heat allowance
- $150
- Housing costs
- $2,108 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$65,000
gross annual household income
- Payment at 4%
- $1,472 / mo
- Cash down
- $69,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
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Comparable sales
- No similar listings found.
