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221 - Marineland, Niagara Falls
$329,900
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.
No extras listed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $2,537 |
| Lot Size | 50.12 ft x 172.52 ft |
| mls© Number | X14089902 |
| Listed By | RE/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%
- $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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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