5057 BRIDGE Street
210 - Downtown, Niagara Falls
$735,000
Fully Renovated and Upgraded; Huge lot 60.14ft. x 150.34ft Facing East; Licensed for VRU's/ AirBnb/ VRBO/ others; Zoned General Commercial (detail attached); Zoning permits a number of other Uses/ Businesses; Legal Duplex with 2 separate 2 BR Apartments and partially finished basement; High demand Location; High Income potential; Upgrades include 2 brand-new High-end kitchens with SS appliances, 2 new washrooms with standing showers, new shingled roof on new base plywood; Double car wide and long driveway; 2 big covered Porches on Front & side; Perfect for an extended family or live in one unit and use other for AirBnb; Steps to Bus stops and GO STATION; Close to Falls, Entertainment areas,University of Niagara Falls (4342 Queen St), Niagara River and Bridge to USA!!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 51-99 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $1,919 |
| Lot Size | 60 ft x 150 ft |
| mls© Number | X13770656 |
| Listed By | CENTURY 21 PEOPLE`S CHOICE REALTY INC. |
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%
- $3,762
- Property tax
- $160
- Heat allowance
- $150
- Housing costs
- $4,072 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$125,000
gross annual household income
- Payment at 4%
- $3,093 / mo
- Cash down
- $147,000
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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