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Listed 1 month ago

6476 Maranda Street

214 - Clifton Hill, Niagara Falls

$499,000

Detached|1 1/2 Storey
3 | 2 | 4
About this home

Sophisticated & Investment-Centric! Unlock Incredible Potential in Niagara Falls! This versatile 1.5-storey residence offers a rare opportunity for savvy investors or multi-generational families. Configured as a functional duplex, the property features a spacious three-bedroom upper retreat and a private one-bedroom lower suite-each fully equipped with its own kitchen, living area, and bathroom. Whether you choose to maximize rental income or "house-hack" by living in one unit while the other offsets your mortgage, the possibilities are endless. Perfectly positioned for regional growth with rapid access to the QEW, the U.S. border, and local amenities including schools, parks, and shopping.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,245
Lot Size50 ft x 120 ft
mls© NumberX13670102
Listed ByCMI REAL ESTATE 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%
$2,554
Property tax
$270
Heat allowance
$150
Housing costs
$2,975 / mo

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

Down payment20% · $99,800
25-yr amortization

Income needed

$92,000

gross annual household income

Payment at 4%
$2,100 / mo
Cash down
$99,800

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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