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216 - Dorchester, Niagara Falls
$520,000
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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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $2,636 |
| Lot Size | 40 ft x 221 ft |
| mls© Number | X13853260 |
| Listed By | EXP 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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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