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215 - Hospital, Niagara Falls
$548,000
Welcome to an opportunity that goes well beyond the home itself. Set on an impressive 250 foot deep lot in the heart of Niagara Falls, this property offers the space, location, and flexibility to think about both today and tomorrow.Enjoy the existing home as a comfortable residence while exploring the possibilities that a lot of this size may offer. Whether your vision includes a garden suite, additional dwelling, severance opportunity to create a separate building lot, or a future redevelopment concept, there are several potential directions for an owner, investor, or builder to investigate. All development, severance, additional dwelling, and garden suite opportunities are subject to municipal zoning, servicing, permits, approvals, and confirmation with the City of Niagara Falls. The existing home also provides versatility, featuring a fully finished lower level with a separate entrance, creating potential for extended family, an in law setup, or additional living space. A garage, generous driveway parking, and the exceptional depth of the property add to its functionality and appeal. Located approximately 5 minutes from Niagara Falls attractions, with convenient access to the QEW, schools, shopping, transit, and everyday amenities, the location combines accessibility with long term potential. You're not simply buying a house. You're buying options. Live in it, invest in it, explore adding another dwelling, investigate severance, or hold the property while planning for the future. Properties with this combination of an existing home, a 250 foot deep lot, central location, and multiple potential future uses don't come along often. Bring your vision and explore what could be possible.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,737 |
| Lot Size | 40 ft x 250 ft |
| mls© Number | X13683874 |
| Listed By | BOLDT REALTY INC., 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%
- $2,805
- Property tax
- $311
- Heat allowance
- $150
- Housing costs
- $3,266 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$101,000
gross annual household income
- Payment at 4%
- $2,306 / mo
- Cash down
- $109,600
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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