$499,000

For sale

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4680 Ryerson Crescent, Niagara Falls (Downtown) - Single Family for Sale

4680 Ryerson Crescent, Niagara Falls (Downtown), Ontario, L2J0E8

5 beds2 baths6 parking lot size

4274 Sixth Avenue, Niagara Falls (Downtown), Ontario, L2E4S8

3 bd3 ba4 pk1,750 ft²Lot size 53 × 120 ft (6,348 sq ft)

Listed by NEW ERA REAL ESTATE

4925 SAINT CLAIR Avenue, Niagara Falls (Downtown), Ontario, L2E3T5

For saleJust listed

4 days ago

$450K

4925 SAINT CLAIR Avenue, Niagara Falls (Downtown), Ontario, L2E3T5

1 ba2 pk900 ft²Lot size 22 × 50 ft (1,080 sq ft)

Listed by RE/MAX Real Estate Centre Inc

4327 Simcoe Street, Niagara Falls (Downtown), Ontario, L2E1T5

For sale

14 days ago

$1.09M

4327 Simcoe Street, Niagara Falls (Downtown), Ontario, L2E1T5

7 bd5 ba9 pk2,250 ft²Lot size 50 × 149 ft (7,450 sq ft)

Listed by THE REAL ESTATE OFFICE INC.

4755 River Road, Niagara Falls (Downtown), Ontario, L2E3G3

For sale

14 days ago

$725K

4755 River Road, Niagara Falls (Downtown), Ontario, L2E3G3

4 bd3 ba4 pk1,750 ft²Lot size 52 × 58 ft (3,022 sq ft)

Listed by REVEL Realty Inc., Brokerage

Investment analysis

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$499,000

Niagara Falls

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55 × 100 ft (5,470 sq ft)

Overview

This 5-bedroom, 2-bathroom home in Niagara Falls is for sale. Listed at $499,000, it is attractively priced about 6% below the $529,900 median asking price in Niagara Falls.

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Description

GREAT INVESTMENT OPPORTUNITY WITH IMMEDIATE INCOME ! 2 houses on 1 lot , front house is a 1.75 storey ,3 bedrooms, 1 bath and rear house is a 2 storey ,2 bedrooms ,1 bath. There are 2 driveways (1 for each house).Each house is on a separate electrical & GAS meters. Updates include: Front house-electrical 2024,furnace 2023,roof shingles 2016.Rear house-roof shingles 2014,boiller 2011, electrical 2024.***HOUSE NEXT DOOR 4688 RYERSON IS CURRENTLY LISTED FOR SALE AT $368,800 BY THE SAME SELLER. SELLER WILL CONSIDER HOLDING A VTB MORTGAGE FOR A QUALIFIED BUIYER. (id:66096)

Property Details

MLS®: X13522358
Property Type: Single Family
Zoning: R2
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 2
Parking: 6
Lot Size: 55 × 100 ft (5,470 sq ft)
Frontage: 55 ft
Storeys: 1
Basement: Full
Heating: Radiant heat, Forced air, Natural gas
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax: $3,882.53/yr
Listed: 125 days ago

Rooms

Main level

Living room: 4.88 x 3.35 meters
Utility room: 5.33 x 2.13 meters
Dining room: 3.81 x 3.35 meters
Foyer: 3.35 x 1.83 meters
Den: 2.74 x 2.29 meters
Kitchen: 4.27 x 2.74 meters
Living room: 5.72 x 3.23 meters

Second level

Bedroom: 3.43 x 3.17 meters
Bedroom 2: 3.05 x 2.9 meters
Kitchen: 3.5 x 2.59 meters
Bathroom: 1.52 x 2.13 meters
Bedroom: 4.15 x 2.87 meters
Bedroom 2: 3.7 x 2.77 meters
Bedroom 3: 3.7 x 2.77 meters
Bathroom: 1.95 x 1.95 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Flooring: Hardwood
Foundation: Stone, Block
Exterior: Aluminum siding, Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

125d

Niagara Falls (Downtown) listings, avg age

88d

List price

$499K

Haho

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Listed by Century 21 Heritage House LTD · Allan Lent

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L2J)

This home lists at $499,000, about 6.2× the local median household income of $81,000.

Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 20% above the area median.

Median household income: $81,000
Population: 14,908
Median age: 50
Owner / renter: 81% / 19%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L2J)

$499,000

For sale

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Full Cost Breakdown

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Down Payment5% · $24,950

Min 5%50%

Mortgage payment$2,628/mo

↳ CMHC premium ($18,962 capitalized)

Property tax (est.)$324/mo

Total monthly$2,952

Cash Needed to Close

Down payment (5%)$24,950

Land transfer tax$6,455

Est. closing costs$3,997

Total cash needed$35,402

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