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Listed 9 days ago

5527 Palmer Avenue

210 - Downtown, Niagara Falls

$688,000

Detached|2-Storey
3 | 4 | 4
About this home

Prime Location & Modern Comfort Near the Falls!Welcome to this beautifully updated detached home situated just steps away from the world-famous Niagara Falls, Casino Niagara, and the vibrant attractions of Clifton Hill. Featuring a gorgeous custom kitchen complete with stainless steel appliances (Stove, Dish Washer Never Used), a formal dining room for entertaining, and convenient main-floor laundry. This property offers 3 bedrooms-including two with their own private ensuites! Enjoy peace of mind with major updates already done, including a roof with shingles replaced in 2020 and a paved driveway. Exceptional value with quick, easy highway and border access. Whether you're looking for a stunning family home or a high-potential investment property in a tourist hub, this is a must-see!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$2,816
Lot Size36.67 ft x 75 ft
mls© NumberX13886210
Listed ByMASTER`S CHOICE REALTY INC.

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%
$3,521
Property tax
$235
Heat allowance
$150
Housing costs
$3,906 / mo

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

Down payment20% · $137,600
25-yr amortization

Income needed

$120,000

gross annual household income

Payment at 4%
$2,895 / mo
Cash down
$137,600

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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