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New4 days ago

5963 Kister Road

221 - Marineland, Niagara Falls

$329,900

Detached|Bungalow
2 | 1 | 1
About this home

Built in 1952, this detached bungalow in Niagara Falls' Marineland area offers approx. 820 sq ft of above grade living space, all on one level, on a deep 6,253 sq ft lot fronting 50 ft and running back toward Ramsey Rd. The main floor offers 2 bedrooms, a 4-piece bathroom, a generous living room, a separate dining room and a functional kitchen, plus a utility room with laundry. The layout keeps the bedrooms together at one end and the living spaces at the other, and forced air heating runs throughout. The home needs work and is being sold as is, where is: a straightforward project for a buyer ready to renovate and make it their own. Outside, there is front yard parking for one vehicle, aluminum and vinyl siding, and a shingle roof, and no basement or garage to maintain. This property is being sold by the mortgagee under power of sale. Some photos have been virtually staged.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$2,537
Lot Size50.12 ft x 172.52 ft
mls© NumberX14089902
Listed ByRE/MAX NIAGARA REALTY LTD, BROKERAGE

Listing History

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  • 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%
$1,689
Property tax
$211
Heat allowance
$150
Housing costs
$2,050 / mo

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

Down payment20% · $65,980
25-yr amortization

Income needed

$63,000

gross annual household income

Payment at 4%
$1,388 / mo
Cash down
$65,980

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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