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New6 days ago

79 Powerview Avenue

458 - Western Hill, St. Catharines

$535,000

Detached|Bungalow
2 | 2 | 4
About this home

Lower your monthly costs when you live on the main floor and rent out the basement. This all brick detached bungalow features 2 car parking for the front door and rare private driveway for 2 more cars for the in-law suite. No need to have a car shuffle with this unique property. Right across the street from the park with a brand-new exterior fence, lawn has been reseeded, privacy is what you will get here. The main floor of the home offers 2 good sized bedrooms with a full bathroom. The kitchen has stainless steel appliances and pot lights throughout the main floor. The in-law suite offers 2 bedrooms, a second kitchen and plenty of storage. This is a prime location for Brock University being 5 mins away.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,585
Lot Size52.5 ft x 105 ft
mls© NumberX14034426
Listed ByRE/MAX HALLMARK REALTY LTD.

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%
$2,738
Property tax
$299
Heat allowance
$150
Housing costs
$3,187 / mo

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

Down payment20% · $107,000
25-yr amortization

Income needed

$98,000

gross annual household income

Payment at 4%
$2,251 / mo
Cash down
$107,000

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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