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Listed 27 days ago

4830 Fourth Avenue

211 - Cherrywood, Niagara Falls

$599,000

Detached|2 1/2 Storey
4 | 3 | 5
About this home

Welcome to 4830 Fourth Ave! This spacious 2.5-storey home is centrally located in the heart of Niagara Falls, just minutes from world-renowned attractions, shopping, restaurants, schools, and major amenities. The main floor features a bright living room and beautifully renovated kitchen. The second level offers 3 generous bedrooms and 2 full bathrooms, including a primary bedroom with private ensuite. The third-floor loft provides a versatile space that can serve as a 4th bedroom, family room, home office, or recreation area. The fully finished basement features 2 bedrooms, a separate kitchen, and a full bathroom, offering excellent in-law suite or income potential. Situated on a property with fantastic curb appeal, the home also boasts a brand-new concrete driveway with parking for up to 7 vehicles. A fantastic opportunity for families, multi-generational living, or investors alike.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2 1/2 Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$3,245
Lot Size35 ft x 150 ft
mls© NumberX13706768
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%
$3,066
Property tax
$270
Heat allowance
$150
Housing costs
$3,486 / mo

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

Down payment20% · $119,800
25-yr amortization

Income needed

$107,000

gross annual household income

Payment at 4%
$2,521 / mo
Cash down
$119,800

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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