$399,900

$424,900For salePrice drop↓ $25,000 (6%)

4997 ARMOURY Street, Niagara Falls (Cherrywood) - Single Family for Sale

4997 ARMOURY Street, Niagara Falls (Cherrywood), Ontario, L2E1T3

4 beds1 bath2 parking2,250 ft²40 × 125 ft (5,000 sq ft) lot sizeListed 21 days ago

Overview

This 4-bedroom, 1-bathroom home in Niagara Falls is for sale offering roughly 2,250 sq ft of space. Listed at $399,900, it is attractively priced about 20% below the $499,900 median asking price in Niagara Falls. It has been on the market 21 days, fresher than the Niagara Falls average of 77 days.

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Description

A HOME OF CHARACTER, A NATURAL 4 BEDROOM WITH FINISHED LOFT THAT CAN BE A 5TH BEDROOM! A canvas for your vision and ready for your finishing touches. Discover the scale and charm of this substantial residence with high ceilings, a formal living and dining room, a spacious kitchen offering a grand feel. Rich in character and generous in proportion, this distinctive home invites the imagination of those who appreciate timeless architecture and see the potential to create something truly special. Whether you envision restoring its historic charm or reimagining its spaces to reflect your own style, this is an opportunity to bring fresh vision to a home with presence and personality. The existing in-ground swimming pool is non-operational. (id:66096)

Property Details

MLS®: X14033644
Property Type: Single Family
Zoning: R2
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 2,250 ft²
Lot Size: 40 × 125 ft (5,000 sq ft)
Frontage: 40 ft
Storeys: 2
Basement: Unfinished, Separate entrance, N/A, N/A
Heating: Natural gas
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax: $4,100/yr
Listed

Features

Foundation: Unknown
Exterior: Brick Veneer

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

Niagara Falls (Cherrywood) listings, avg age

77d

Price / ft²

$178

List price

$400K

Haho

This 4-bed single family in Niagara Falls (Cherrywood) has been listed for 21 days, which is 56 days fresher than the city average of 77. Act while there is still low competition.

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Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE · Nancy Rudman

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L2E)

This home lists at $399,900, about 6.6× the local median household income of $60,800.

Carrying it typically needs a household income of about $78,114 (20% down, 25-yr amortization, stress-tested) — roughly 28% above the area median.

Median household income: $60,800
Population: 18,587
Median age: 46.4
Owner / renter: 61% / 39%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA L2E)

$399,900· $178/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,995

Min 5%50%

Mortgage payment$2,106/mo

↳ CMHC premium ($15,196 capitalized)

Property tax (est.)$342/mo

Total monthly$2,448

Cash Needed to Close

Down payment (5%)$19,995

Land transfer tax$4,474

Est. closing costs$3,700

Total cash needed$28,169

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