$729,900
Niagara Falls
6499 Thorold Stone Road, Niagara Falls (Stamford), Ontario, L2J1B2
This 6-bedroom, 3-bathroom home in Niagara Falls is for sale offering roughly 2,250 sq ft of space. Listed at $729,900, it is attractively priced about 14% below the $849,900 median asking price in Niagara Falls. It has been on the market 10 days, fresher than the Niagara Falls average of 94 days.
EXCEPTIONAL INVESTMENT OPPORTUNITY GENERATING $5,500 PER MONTH IN RENTAL INCOME! Welcome to 6499 Thorold Stone Road in Niagara Falls! This recently renovated, spacious 2-storey home offers approximately 3,000 sq. ft. of finished living space, featuring 6 bedrooms, 3 full bathrooms, and 2 kitchens, making it an outstanding opportunity for investors seeking immediate rental income or buyers looking for a versatile property with plenty of room for extended family living. Thoughtfully updated throughout, this property combines modern finishes, functional living spaces, and excellent income-producing potential. Situated on a generous 50 ft. x 150 ft. lot, the home features a large concrete driveway offering ample parking, a detached garage, and an expansive backyard with mature trees, a spacious wooden deck, and a dedicated fire pit area surrounded by Adirondack chairs, creating an inviting outdoor space for relaxing and entertaining. The property's generous lot size and convenient location add even more appeal. Ideally situated along Thorold Stone Road, with easy access to shopping, restaurants, schools, public transit, major highways, and Niagara Falls' many attractions and amenities. Currently generating $5,500 in monthly rental income, equivalent to $66,000 annually in gross rental revenue, this property offers an attractive opportunity to add an established income-producing asset to your real estate portfolio. Whether you're an experienced investor looking to expand your holdings or a buyer seeking a spacious, recently renovated home with income potential, 6499 Thorold Stone Road delivers an exceptional combination of space, versatility, location, and investment value. DON'T MISS THIS OPPORTUNITY! (id:66096)
Features and services as supplied by the listing brokerage.
Active: 10 days on market, against an average age of 94 days across the listings currently for sale in this city
This 6-bed single family in Niagara Falls (Stamford) has been listed for 10 days, which is 84 days fresher than the city average of 94. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $729,900, about 9.0× the local median household income of $81,000.
Carrying it typically needs a household income of about $142,575 (20% down, 25-yr amortization, stress-tested) — roughly 76% above the area median.
Source: Statistics Canada, 2021 Census (FSA L2J)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.