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New5 days ago

5671 Highland Avenue

215 - Hospital, Niagara Falls

$649,900

Detached|Bungalow-Raised
2 | 2 | 3
About this home

Welcome to this beautifully maintained and fully finished raised bungalow, offering an ideal combination of space, functionality, and versatility. With 2+1 bedrooms, 2 full bathrooms, 2 kitchens, 2 separate entrances, and two finished levels, this home is perfectly suited for families, first-time buyers, multi-generational living, or investors. The freshly painted spacious main level features a welcoming living room with gas fireplace and dining area, a well-appointed kitchen, and two generously sized bedrooms with excellent closet space. A convenient 4-piece bathroom and stackable laundry add to the functionality. Step outside from the main level to enjoy your private deck, perfect for morning coffee or entertaining. The fully finished lower level, with its own separate rear entrance, offers exceptional flexibility. Featuring an open-concept kitchen and living area, a bedroom, dedicated office space, laundry, and a 4-piece bathroom, this level is ideal for extended family, guests, or additional rental income. Enjoy the convenience of a location close to schools, parks, shopping, public transit, the QEW, and numerous amenities and attractions. A truly versatile property offering comfortable living upstairs, valuable additional space downstairs, and excellent income potential-all in one fantastic raised bungalow! The existing tenant would love to stay, offering an attractive opportunity for investors.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,090
Lot Size40 ft x 135.2 ft
mls© NumberX13784292
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
$424
Heat allowance
$150
Housing costs
$3,901 / 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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