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New5 days ago

5679 Highland Avenue

215 - Hospital, Niagara Falls

$649,900

Detached|Bungalow-Raised
2 | 2 | 4
About this home

Welcome to this fantastic raised bungalow, thoughtfully configured as two separate living spaces-an ideal opportunity for first-time homebuyers, multi-generational families, or savvy investors! The main level offers a bright and comfortable layout featuring 2 bedrooms, including a generous primary bedroom with a walk-in closet, a spacious living room with a cozy gas fireplace, and a large eat-in kitchen with direct access to a covered patio, perfect for relaxing or entertaining. Convenient main-floor laundry provides easy access to the garage, while the 4-piece bathroom with a Jacuzzi tub adds an extra touch of comfort. The fully finished lower level offers incredible versatility with its own separate walk-up entrance, making it perfect for extended family, in-law accommodations, or rental income. This spacious level features a second kitchen, 3-piece bathroom, large living area, and 2 additional Bedrooms. Outside, enjoy a fully fenced yard, 1.5-car garage, and triple-wide driveway offering plenty of parking. Adding even more value, the home features separate hydro meters and separate heating, providing excellent flexibility for investors or multi-generational living. The lower-level tenant would love to stay, making this an especially attractive opportunity for investors seeking immediate rental potential. A rare combination of space, flexibility, and income potential-this one is not to be missed!

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Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,255
Lot Size40 ft x 135.2 ft
mls© NumberX13784190
Listed ByRE/MAX NIAGARA REALTY LTD, 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%
$3,326
Property tax
$438
Heat allowance
$150
Housing costs
$3,914 / mo

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

Down payment20% · $129,980
25-yr amortization

Income needed

$120,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$129,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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