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New6 days ago

6375 CULP Street

216 - Dorchester, Niagara Falls

$429,900

Detached|Bungalow
2 | 1 | 2
About this home

INVEST IN YOUR OWN FUTURE - WHY RENT WHEN YOU CAN OWN? Welcome to affordable home ownership! This cute and charming detached 2-bedroom bungalow is the perfect opportunity to stop paying rent and start investing in your own future. Whether you're a first-time buyer, young family, or simply looking for a home that offers great value, this one is worth a look! Inside, you'll find a comfortable layout with two bedrooms and plenty of potential to make the space your own. At the back of the home, the lovely 3 season sunroom is sure to become a favourite spot - imagine cozy fall evenings with your morning coffee, a good book, or simply watching the seasons change.The full basement provides tons of storage and plenty of possibilities for future use. Outside, the fully fenced backyard offers a private space for entertaining, gardening, relaxing, or letting the kids play.Affordable, detached, and full of possibilities - this is your chance to trade rent payments for something you can truly call your own. Your future starts here!

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$2,372
Lot Size40 ft x 128.5 ft
mls© NumberX13778514
Listed ByRE/MAX GARDEN CITY 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%
$2,200
Property tax
$198
Heat allowance
$150
Housing costs
$2,548 / mo

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

Down payment20% · $85,980
25-yr amortization

Income needed

$78,000

gross annual household income

Payment at 4%
$1,809 / mo
Cash down
$85,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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