5564 Fraser Street
211 - Cherrywood, Niagara Falls
$399,000
Welcome to this cozy two-bedroom home, situated on a quiet dead-end street. The spacious loft offers excellent potential and includes a rough-in for a two-piece bathroom-perfect for creating an additional bedroom, home office, or comfortable retreat. The unfinished basement provides even more opportunity to add living space and make the home your own.Outside, you'll find a large backyard deck ideal for entertaining, along with the convenience of a detached garage. A great opportunity for first-time homebuyers or investors, with an existing tenant who is willing to stay. Bring your ideas and discover the possibilities this property has to offer! Property is being sold in "as-is" condition.
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| Type | Detached |
| Style | Bungaloft |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $2,487 |
| Lot Size | 40 ft x 150 ft |
| mls© Number | X13789326 |
| Listed By | RIGHT AT HOME REALTY, 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%
- $2,042
- Property tax
- $207
- Heat allowance
- $150
- Housing costs
- $2,400 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$74,000
gross annual household income
- Payment at 4%
- $1,679 / mo
- Cash down
- $79,800
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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