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Listed 1 month ago

4911 Maple Street

211 - Cherrywood, Niagara Falls

$429,900

Detached|2-Storey
3 | 2 | 6
About this home

ATTENTION INVESTORS and first time buyers! Solid 2 storey home. Main floor features living room, dining room, kitchen with a built-in dishwasher. The 2nd floor has 3 bedrooms and a 4pc bathroom. There is a partially finished attic that requires some drywall and flooring to complete. This could be a great space!The attic is not included in the square footage. The basement has a finished family room, laundry room and kitchen. There is a side entrance that would be ideal for a basement apartment. There is plenty of parking and detached double car garage.

Extras

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$2,641
Lot Size40 ft x 113.2 ft
mls© NumberX13806582
Listed ByROYAL LEPAGE NRC REALTY

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
$220
Heat allowance
$150
Housing costs
$2,571 / mo

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

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

Income needed

$79,000

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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