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Listed 18 days ago

5932 Carlton Avenue

216 - Dorchester, Niagara Falls

$520,000

Detached|1 1/2 Storey
3 | 1 | 5
About this home

Opportunity meets flexibility with this charming 1.5-storey home situated on an impressive 40 x 221 ft lot in a convenient Niagara Falls location. Whether you're looking for a comfortable place to call home, a property with business potential, or a long-term investment opportunity, this unique offering delivers. Inside, you'll find a bright and welcoming layout featuring a refreshed kitchen with a large centre island, fresh paint throughout, updated windows, upgraded entry doors, newer air conditioning, and a sun-filled bonus room ideal for a home office, hobby space, or additional living area. The deep lot provides exceptional outdoor space today while offering exciting future possibilities. With both General Commercial and Residential zoning, buyers can explore a variety of permitted uses while enjoying the convenience of nearby shopping, restaurants, schools, and quick highway access. A rare chance to secure a property that offers both lifestyle and potential.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$2,636
Lot Size40 ft x 221 ft
mls© NumberX13853260
Listed ByEXP 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%
$2,662
Property tax
$220
Heat allowance
$150
Housing costs
$3,031 / mo

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

Down payment20% · $104,000
25-yr amortization

Income needed

$93,000

gross annual household income

Payment at 4%
$2,188 / mo
Cash down
$104,000

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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