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$549,000
Niagara Falls
5821 Leonard Avenue, Niagara Falls (Hospital), Ontario, L2G4R5
This 4-bedroom, 3-bathroom home in Niagara Falls is for sale offering roughly 1,750 sq ft of space. Listed at $549,000, it is attractively priced about 7% below the $589,000 median asking price in Niagara Falls. It has been on the market 7 days, fresher than the Niagara Falls average of 113 days.
Detached Home with Income Potential on a Large Lot near Lundy's Lane, Niagara Falls. Welcome to this well-located detached home offering an excellent combination of space, parking, and income potential. The property features two separate units on the main level, including a one-bedroom in-law suite with its own separate entrance and a tenant currently in place-an excellent opportunity for buyers seeking additional income or investors looking for added flexibility.The main residence offers a spacious living room, dining room, kitchen, and convenient two-piece powder room on the main level. The second floor features three generously sized bedrooms and a three-piece bathroom, providing comfortable living space for a family.Situated on a large lot with a generous backyard, the property also features two separate driveways, providing ample parking for residents and guests. The basement includes a separate entrance, offering additional flexibility and potential for future use. Conveniently located directly behind CIBC on Leonard Avenue off Lundys Lane with easy access to local amenities, services, shopping, and everyday conveniences.A versatile property offering generous living space, ample parking, a large lot, and income potential-ideal for homeowners, multi-generational living, or investors. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Just listed: 7 days on market, against an average age of 113 days across the listings currently for sale in this city
This 4-bed single family in Niagara Falls (Hospital) has been listed for 7 days, which is 106 days fresher than the city average of 113. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $549,000, about 8.0× the local median household income of $69,000.
Carrying it typically needs a household income of about $107,239 (20% down, 25-yr amortization, stress-tested) — roughly 55% above the area median.
Source: Statistics Canada, 2021 Census (FSA L2G)
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Loading rates, 30-yr amortization
Cash Needed to Close
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