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215 - Hospital, Niagara Falls
$599,900
Charming 1925-era home situated on an extra-large lot in a desirable Niagara Falls location. This property offers an excellent opportunity for buyers looking to restore and personalize an older home, while the expansive lot may be of particular interest to investors, renovators, and developers. The generous lot size provides plenty of outdoor space and potential, subject to municipal approvals and applicable zoning. A unique opportunity to bring new life to a home with character and explore the possibilities offered by the substantial property.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $4,688 |
| Lot Size | 83.89 ft x 195.55 ft |
| mls© Number | X13702480 |
| Listed By | RE/MAX NIAGARA REALTY LTD, 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%
- $3,071
- Property tax
- $391
- Heat allowance
- $150
- Housing costs
- $3,611 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$111,000
gross annual household income
- Payment at 4%
- $2,524 / mo
- Cash down
- $119,980
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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