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217 - Arad/Fallsview, Niagara Falls
$405,000
Welcome to this home offering an excellent opportunity for multi-generational living, extended family or rental income. The main home features 3 bedrooms and 1.5 bathrooms, providing comfortable and functional living space for the family. At the rear of the property, the above-grade in-law suite offers added privacy with its own separate entrance. The suite features a spacious living room, a full 4-piece bathroom, and a generously sized second-floor bedroom-ideal for extended family, guests, or potential rental use. The fully fenced backyard provides a great outdoor space for summer gatherings, entertaining family and friends, or simply relaxing and enjoying the outdoors. The unfinished basement offers additional storage and future potential, and includes a convenient third 4-piece bathroom, providing even more potential for future use. Ideally located just minutes from downtown Niagara Falls, with schools, parks, shopping, restaurants, and everyday amenities all close by. Situated in a friendly, established neighbourhood, this property offers convenience, versatility, and plenty of opportunity to make it your own. Whether you're looking to accommodate extended family, create a private space for guests, or explore rental income possibilities, this home offers what you are looking for. Book your private showing today and discover the possibilities!
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,130 |
| Lot Size | 50 ft x 153 ft |
| mls© Number | X13681558 |
| Listed By | REAL BROKER ONTARIO LTD. |
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%
- $2,073
- Property tax
- $261
- Heat allowance
- $150
- Housing costs
- $2,484 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$76,000
gross annual household income
- Payment at 4%
- $1,704 / mo
- Cash down
- $81,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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