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Listed 1 month ago

205 - 7549 A Kalar Road

222 - Brown, Niagara Falls

$489,900

Condo Apartment |
2 | 2 | 1 | 1
About this home

Welcome to Marbella Condominiums, one of Niagara Falls' premier newer condominium communities. Offering an impressive 1,123 square feet of thoughtfully designed living space, this spacious 2-bedroom, 2-bathroom suite combines modern finishes, exceptional functionality, and a highly desirable west-end location.The bright open-concept layout is designed for comfortable everyday living and effortless entertaining. The contemporary kitchen features stylish backsplash, generous cabinetry, and a large centre island that serves as the focal point of the home. Expansive windows fill the unit with natural light, creating a warm and inviting atmosphere throughout.The primary suite offers a walk-in closet, private 5-piece ensuite, and direct access to the balcony, providing the perfect place to unwind. A generously sized second bedroom, additional full bathroom, in-suite laundry, linen storage, and well-planned layout ensure there is no wasted space. Residents enjoy a welcoming lobby, party room, elevators, and a fitness facility currently under development. Ideally situated in Niagara Falls' sought-after west end, Marbella Condominiums is just minutes from Costco, grocery stores, restaurants, entertainment, and convenient QEW access, while remaining close to Niagara's world-famous attractions. Currently tenanted, with tenants willing to stay, this property presents an excellent opportunity for both investors seeking immediate rental income and buyers looking for a spacious, low-maintenance lifestyle.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size1000-1199 sq. ft.
Maintenance Fees$333
LockerOwned
BalconyTerrace
ExposureNorth
Parking TypeNone
Parking Spaces1
Parking FeaturesNone
Property Tax$5,601
mls© NumberX13756950
Listed ByROYAL LEPAGE NRC REALTY COMPASS ESTATES
None

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%
$2,508
Property tax
$467
Heat allowance
$150
Condo fees, half counted
$167
Housing costs
$3,291 / mo

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

Down payment20% · $97,980
25-yr amortization

Income needed

$101,000

gross annual household income

Payment at 4%
$2,062 / mo
Cash down
$97,980

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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