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Listed 11 days ago

5138 Valley Way

211 - Cherrywood, Niagara Falls

$879,999

Detached|2-Storey
4 | 3 | 6
About this home

Set on an 80-foot wide double lot, this impressive two-story home is located on the highly desirable Valley Way street and offers over 3500 square feet of living space. With $300k in recent renovations, this residence is ready for you to move in. The second floor boasts three generously sized bedrooms and three fully renovated bathrooms, all adorned with pot lights. Step into the newly modernized kitchen, featuring quartz countertops, a backsplash, stainlesssteel appliances, and tall upper cabinets that extend to the ceiling.A bright and spacious family room, illuminated by a large window, pot lights, and a double-door entry into the grand foyer with iron wrought spindles, welcomes you. Enjoy the electric fireplace in the living and dining rooms, which also provide walkout access to the oversized backyard, complete with an in-ground pool and a sunroom perfect for entertaining.All bathrooms have been updated with sleek stand-up glass showers. The home features new vinyl flooring throughout, eliminating the need for carpet, as well as upgraded tiles, baseboards, and trims.The basement offers a separate entrance, and the sunroom provides a relaxing space with access to both the garage and the home.

Extras

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Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$4,000
Lot Size80 ft x 120 ft
mls© NumberX13763376
Listed ByRE/MAX SPECIALISTS TEAM SUKHVINDER

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%
$4,504
Property tax
$333
Heat allowance
$150
Housing costs
$4,988 / mo

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

Down payment20% · $176,000
25-yr amortization

Income needed

$153,000

gross annual household income

Payment at 4%
$3,703 / mo
Cash down
$176,000

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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