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$675,000
Niagara Falls
4859 Willmott Street, Niagara Falls (Cherrywood), Ontario, L2E1Z5
This multi-family property in Niagara Falls is for sale offering roughly 1,750 sq ft of space. It has been on the market 57 days, fresher than the Niagara Falls average of 76 days.
Huge interior - it's bigger than it looks! This large 2.5 storey house was built in 1918 and has maintained it's unique character and charm. Presently arranged for an up/down duplex, but could easily be used as a single family dwelling, or family + in-law suite. Main floor has a large living room with wood burning fireplace, newer kitchen with rear dining room, and a large bedroom (or bonus family room). Basement features a brand new 5-piece bathroom - tub/shower combo and a walk-in shower, with classic subway tile. Plus a large storage/laundry room. Upper unit has a full eat-in kitchen, a 4-piece bathroom (with stacked laundry), a bedroom, and a living room (or could be a 3rd bedroom) - with a walk-out to an enclosed sunroom. Third level is the loft bedroom or family room with an ensuite 1-piece bathroom. Lots of unique potential for this home - perfect for a multi-generational family, a savvy first time home buyer, or someone looking to offset their bills with additional rental income. Easily convert this home back into a single family home (3 bedrooms, 2.5 bathrooms). This is one-of-a-kind property that could be very functional for the right buyer. Lots of updates - kitchen, bathrooms, windows, shingles, furnace, AC, and more. Come and take a tour of this beautiful home, and envision this as your next home! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 57 days on market, against an average age of 76 days across the listings currently for sale in this city
This 3-bed multi-family in Niagara Falls (Cherrywood) has been listed for 57 days, which is 19 days fresher than the city average of 76. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $675,000, about 11.1× the local median household income of $60,800.
Carrying it typically needs a household income of about $131,851 (20% down, 25-yr amortization, stress-tested) — roughly 117% above the area median.
Source: Statistics Canada, 2021 Census (FSA L2E)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.