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$599,900
Niagara Falls
5110 Stanley Avenue, Niagara Falls (Cherrywood), Ontario, L2E5A2
This 6-bedroom, 3-bathroom home in Niagara Falls is for sale.
Opportunity knocks with this versatile single detached home, thoughtfully converted into three separate dwelling units. Featuring 1-3-bedroom unit 1-2 bedroom unit and one 1-bedroom unit, with separate hydro metres (2), each complete with its own kitchen and bathroom, this property offers exceptional income potential. Whether you choose to live in the spacious main floor unit while supplementing your income or rent out all three units, the possibilities are endless. Shared coin operated laundry facilities in the basement provide convenience for all occupants and additional income. Double garage and private, paved driveway offers ample parking, and the rear yard adds outdoor enjoyment space. Ideally located near shopping, with quick access to the QEW, this property combines convenience with investment potential. Don't miss out on this incredible opportunity! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 197 days on market, against an average age of 77 days across the listings currently for sale in this city
This 6-bed single family in Niagara Falls (Cherrywood) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $599,900, about 9.9× the local median household income of $60,800.
Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 93% above the area median.
Source: Statistics Canada, 2021 Census (FSA L2E)
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Loading rates, 30-yr amortization
Cash Needed to Close
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