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Listed 28 days ago

5098 St. Lawrence Avenue

210 - Downtown, Niagara Falls

$429,000

Detached|2-Storey
3 | 1 | 2
About this home

TURN-KEY MODERN HOME JUST MINUTES FROM CLIFTON HILL! Welcome to this beautifully updated 2-storey, 3-bedroom home, ideally situated within a short walk of Niagara Falls' world-famous tourist district. Whether you're an investor seeking a low-maintenance property with income potential or a family looking for a stylish home in an exceptional location, this property offers incredible versatility. The spacious layout features numerous updates throughout, including a newer furnace and hot water tank. Step outside to a new front deck, while the fully fenced yard offers a private outdoor retreat with mature trees and plenty of room to relax or entertain. Situated on a generous corner lot, the property offers a wonderful combination of space, privacy, and convenience. The location is truly exceptional. Walk to Clifton Hill, the Falls, casinos, hotels, schools, the library, Niagara Centre for the Arts, public transit and numerous amenities. The GO Station and major highways are also easily accessible. With its turn-key condition, desirable location and strong potential for both personal enjoyment and investment, this is an opportunity not to be missed.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$2,711
Lot Size65 ft x 80 ft
mls© NumberX13815298
Listed ByRE/MAX ESCARPMENT GOLFI REALTY INC.

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%
$2,196
Property tax
$226
Heat allowance
$150
Housing costs
$2,572 / mo

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

Down payment20% · $85,800
25-yr amortization

Income needed

$79,000

gross annual household income

Payment at 4%
$1,805 / mo
Cash down
$85,800

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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