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Listed 30 days ago

5469 Prince Edward Avenue

215 - Hospital, Niagara Falls

$599,900

Detached|1 1/2 Storey
4 | 1 | 4
About this home

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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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,688
Lot Size83.89 ft x 195.55 ft
mls© NumberX13702480
Listed ByRE/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.

Down payment20% · $119,980
25-yr amortization

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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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