4842 Fourth Avenue
211 - Cherrywood, Niagara Falls
$375,000
Great opportunity! Welcome to 4842 Fourth Avenue in Niagara Falls. This 2 storey home offers over 1300 sq ft, 3bedrooms, 1 bathroom, and a detached garage nestled in a quiet, family friendly neighbourhood. Close to parks, schools, the tourist district, and GO Transit, and just a 5-minute drive to the Falls. The main floor offers a bright, open concept living and dining area, along with a functional kitchen overlooking the backyard. A cozy living room and another space provides flexibility for an office or additional bedroom. Upstairs features three comfortable bedrooms and a full bathroom. The full basement offers plenty of room for storage. 4842 Fourth Avenue is your chance to own rather than rent. Now is the time to make this Your Niagara Home.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $2,520 |
| Lot Size | 36 ft x 150 ft |
| mls© Number | X13697202 |
| Listed By | RE/MAX GARDEN CITY 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%
- $1,919
- Property tax
- $210
- Heat allowance
- $150
- Housing costs
- $2,279 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$70,000
gross annual household income
- Payment at 4%
- $1,578 / mo
- Cash down
- $75,000
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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