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Listed 2 months ago

4733 Jepson Street

210 - Downtown, Niagara Falls

$525,000

Detached|2-Storey
2 | 2 | 4
About this home

Large two-storey character home currently set up as two self-contained units with a second story in-law suite, offering a perfect blend of original charm and modern updates. Beautiful hardwood floors run throughout, with large windows soaking each room in natural light. The main floor features a picturesque front sunroom and a well-laid-out floor plan with a main floor bedroom and updated 3-piece bath and spacious kitchen. The second level offers a large one-bedroom unit with generously sized rooms, new kitchen and bath with a large living area which can double as an additional bedroom, as well as access to a third-floor attic- - perfect potential for additional living space, a home office, or extra storage. The second story also has its own furnace (2023 - located in attic) and separate AC (2023). A separate entrance leads to a full unfinished basement with high ceilings and open space, adding even more flexibility. Whether you're looking for a versatile multi-generational setup, an income property, or a potential Airbnb opportunity, this home checks all the boxes. Close to all amenities, bus route and short distance to the tourist district.

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Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$2,685
Lot Size40 ft x 125 ft
mls© NumberX13632242
Listed ByRE/MAX NIAGARA REALTY LTD, BROKERAGE

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%
$2,687
Property tax
$224
Heat allowance
$150
Housing costs
$3,061 / mo

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

Down payment20% · $105,000
25-yr amortization

Income needed

$94,000

gross annual household income

Payment at 4%
$2,209 / mo
Cash down
$105,000

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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