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210 - Downtown, Niagara Falls
$499,000
5186 McGlashan is a tasteful century home, updated for the modern family or savvy investor in mind. With a fully separate self contained apartment for supplementary income, the primary residence offers 3 bedrooms up, a renovated full bath, and a functional main floor layout with an updated kitchen with stainless appliances and custom tile, a dedicated dining and living area, all punctuated with a stained glass window, tall baseboards and high ceilings. An expansive verandah spans the front, while a generous and meticulously maintained fenced yard complements the back. Ample parking, storage and a full unfinished basements, appropriate for storage, under each unit. Located in a mature residential neighbourhood, steps from tourist amenities, public transit, the Casino and shopping. Ideal for first-time buyers, those looking to downsize or investors seeking a solid property in a prime Niagara Falls location. Opportunity abounds!
No extras listed.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 100+ |
| Size | 1500-2000 sq. ft. |
| Property Tax | $2,803 |
| Lot Size | 40 ft x 130 ft |
| mls© Number | X13766880 |
| Listed By | BOSLEY REAL ESTATE LTD., |
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%
- $2,554
- Property tax
- $234
- Heat allowance
- $150
- Housing costs
- $2,938 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$90,000
gross annual household income
- Payment at 4%
- $2,100 / mo
- Cash down
- $99,800
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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