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210 - Downtown, Niagara Falls
$260,000
This is the one you've been waiting for. An affordable 1 & 1/2 Storey Home with Important Updates & Immediate Possession. An excellent opportunity for buyers looking for an "easy on the budget" home with several important updates already completed. This vacant property offers considerably more affordability than many of the surrounding homes, while providing the essentials for comfortable living. The main floor features a bright living room with hardwood flooring, a small bedroom, updated 4-piece bathroom and a functional kitchen with laundry conveniently incorporated into the space. The upper level offers a sitting room and adjoining bedroom, creating a flexible area that could work well as a private retreat, home office, guest space or additional living area. Important updates include an updated furnace (2019), c/a, and owned hot-water-on-demand system (2020). Also, most of the windows have been updated. Outside, the nicely sized rear deck accessed from the kitchen provides a pleasant spot for relaxing or entertaining, while the compact lot offers manageable outdoor maintenance. The home also has a full basement providing useful storage and utility space. The property is being offered vacant, allowing for immediate possession and giving the new owner the opportunity to make the home their own. A practical and affordable option for a first-time buyer, investor or buyer prepared to work with a more compact, character-filled layout - with several of the major updates already taken care of.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 100+ |
| Size | 700-1100 sq. ft. |
| Property Tax | $1,993 |
| Lot Size | 25 ft x 75.8 ft |
| mls© Number | X13850894 |
| Listed By | ROYAL 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%
- $1,331
- Property tax
- $166
- Heat allowance
- $150
- Housing costs
- $1,647 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$51,000
gross annual household income
- Payment at 4%
- $1,094 / mo
- Cash down
- $52,000
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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