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216 - Dorchester, Niagara Falls
$449,900
A smart opportunity in a sought-after Niagara Falls neighbourhood! This detached legal duplex offers two spacious, self-contained 2-bedroom units, separate entrances, designated parking and two separate hydro meters. Best of all, both units are vacant, giving the new owner the flexibility to set their own rents, choose their tenants, or move into one unit and rent the other.The main-floor unit offers a spacious and comfortable layout with 3 bedrooms, a large kitchen and a full 4-piece bathroom. Its private entrance and designated parking create a true sense of independence for the unit.Upstairs, the second unit is another nicely laid-out 2-bedroom apartment complete with its own 4-piece bathroom, separate entrance and designated parking. With two similarly sized units, this property lends itself beautifully to a traditional duplex investment or an owner-occupied setup.The basement is accessed separately from the rear of the home, making it ideal for common laundry facilities, additional storage or workshop space without requiring access through either apartment. Outside, the property sits on a large lot with plenty of parking, including designated spaces for each unit.Located in a sought-after residential neighbourhood in central Niagara Falls, this property is within walking distance of everyday amenities including groceries, shopping, schools and public transportation. Whether you're looking to expand your investment portfolio or offset your mortgage by living in one unit while renting the other, this is a versatile property with plenty of possibilities. Both units should get approximately $1800 plus hydro. Listing agents are able to help provide tenants prior to closing.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 51-99 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $3,492 |
| Lot Size | 53.4 ft x 153.5 ft |
| mls© Number | X13855478 |
| Listed By | RE/MAX NIAGARA REALTY LTD, BROKERAGE |
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%
- $2,303
- Property tax
- $291
- Heat allowance
- $150
- Housing costs
- $2,744 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$84,000
gross annual household income
- Payment at 4%
- $1,893 / mo
- Cash down
- $89,980
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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