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Listed 1 month ago

4664 Homewood Avenue

211 - Cherrywood, Niagara Falls

$588,000

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

Welcome to this lovely 2-storey brick home in the heart of Niagara Falls! Conveniently located just 5 minutes from the casinos and Niagara Falls. Offering over 2,000 sq ft of living space, this spacious property features 6 bedrooms, 3 full bathrooms, an attached garage, and a shed. Carpet-free throughout with a bright living room. The main floor includes 2 bedrooms (one with ensuite privilege), while the second floor offers 3 bedrooms and a 4-piece bathroom. The basement features a large bedroom with ensuite privilege and a separate entrance with in-law potential. Recent updates include a new furnace and owned hot water heater (2025). Enjoy a fully fenced, private backyard with no rear neighbours. Currently rented for $3,900/month (all-inclusive). Ideal for investors or large families. A must-see! Book your showing today!

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$3,554
Lot Size48.5 ft x 131 ft
mls© NumberX13649228
Listed ByHOMELIFE LANDMARK REALTY INC.

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%
$3,010
Property tax
$296
Heat allowance
$150
Housing costs
$3,456 / mo

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

Down payment20% · $117,600
25-yr amortization

Income needed

$106,000

gross annual household income

Payment at 4%
$2,474 / mo
Cash down
$117,600

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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