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New6 days ago

4997 ARMOURY Street

211 - Cherrywood, Niagara Falls

$459,900

Detached|2 1/2 Storey
4 | 1 | 2
About this home

A HOME OF CHARACTER, A NATURAL 4 BEDROOM WITH FINISHED LOFT THAT CAN BE A 5TH BEDROOM! A canvas for your vision and ready for your finishing touches. Discover the scale and charm of this substantial residence with high ceilings, a formal living and dining room, a spacious kitchen offering a grand feel. Rich in character and generous in proportion, this distinctive home invites the imagination of those who appreciate timeless architecture and see the potential to create something truly special. Whether you envision restoring its historic charm or reimagining its spaces to reflect your own style, this is an opportunity to bring fresh vision to a home with presence and personality. The existing in-ground swimming pool is non-operational.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2 1/2 Storey
Approx. Age100+
Size2000-2500 sq. ft.
Property Tax$4,100
Lot Size40 ft x 125 ft
mls© NumberX14033644
Listed ByRE/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%
$2,354
Property tax
$342
Heat allowance
$150
Housing costs
$2,846 / mo

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

Down payment20% · $91,980
25-yr amortization

Income needed

$88,000

gross annual household income

Payment at 4%
$1,935 / mo
Cash down
$91,980

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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