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Listed 1 month ago

5699 Montrose Road

213 - Ascot, Niagara Falls

$584,900

Detached|1 1/2 Storey
2 | 2 | 15
About this home

Welcome to 5699 Montrose Road in Niagara Falls, offering a unique opportunity on an impressive 60' x 250' lot with R1C zoning and exceptional parking. This spacious home offers almost 2000 sq feet of total useable space and features 4 bedrooms, 2 full bathrooms, a large eat-in kitchen, primary bedroom loft, office and finished basement offering additional living space and future possibilities. The generous driveway has been thoughtfully designed to provide ample parking with the ability to turn around on the property, an added convenience for this Montrose Road location. Step through the office to the rear deck overlooking the above-ground pool and expansive fully fenced backyard. A detached 1.5-car garage provides additional parking, storage, hobby or workshop space, with a secondary deck tucked behind. Conveniently located close to Lundy's Lane, the QEW, shopping and amenities. The property's R1C zoning may provide additional permitted-use opportunities beyond traditional residential use, subject to City of Niagara Falls zoning provisions and approvals. An oversized city lot, versatile home, abundant parking and a location that keeps you connected - 5699 Montrose Road is a property worth exploring.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,918
Lot Size60 ft x 250 ft
mls© NumberX13686744
Listed ByREVEL 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%
$2,994
Property tax
$326
Heat allowance
$150
Housing costs
$3,470 / mo

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

Down payment20% · $116,980
25-yr amortization

Income needed

$107,000

gross annual household income

Payment at 4%
$2,461 / mo
Cash down
$116,980

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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