5463 Palmer Avenue
210 - Downtown, Niagara Falls
$575,000
Welcome to 5463 Palmer Ave, a solid brick corner-lot home in the heart of downtown Niagara Falls! Walking distance to the world-famous Falls, Clifton Hill, Bird Kingdom, Tim Hortons, restaurants, pubs, and more, this location is all about convenience.This unique property offers exceptional flexibility for families, investors, or short-term rental Or Bed and Breakfast pportunities. The home features a bright and functional layout, spacious bedrooms, and a great backyard. There's a separate entrance to the basement and parking for up to 5 cars-perfect for families or investors.Furnace, AC, and hot water tank were updated in 2022, making this a move-in-ready, low-maintenance property. A fantastic opportunity in a prime Niagara Falls location!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 100+ |
| Size | 1100-1500 sq. ft. |
| Property Tax | $2,658 |
| Lot Size | 47 ft x 75 ft |
| mls© Number | X13855970 |
| Listed By | RE/MAX DYNAMICS 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%
- $2,943
- Property tax
- $222
- Heat allowance
- $150
- Housing costs
- $3,315 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$102,000
gross annual household income
- Payment at 4%
- $2,420 / mo
- Cash down
- $115,000
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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