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$1,795,000
Available - For Sale
Listing ID: X11995361
PRIME OLD TOWN LOCATION WITH INCOME-GENERATING SUITE. 4 Beds | 4 Baths | 2-Car Garage | Finished Basement | Prime Old Town Lot. Now priced & positioned to sell-----discover The Heritage Haven before it's gone. Nestled just steps from Queen Street, this 1890-built charmer blends timeless character with rare, income-generating flexibility. Featuring over 3,400 sq ft above grade, a fully renovated bachelor suite, and a two-car garage this is Old Town luxury without compromise. Whether you're hosting wine-soaked weekends on your wraparound porch, strolling to the theatre district, or collecting income from your stylish above-garage apartment (with separate entrance & utilities!) this address is about living the Niagara lifestyle at its finest. ****Please take note; the self contained rental suite has the potential to earn--$1,600/month. At a 6% return, that values the apartment at $320,000 on its own---meaning the 3 bedroom 3 bathroom main residence is effectively priced at just $1,470,000. That's expectational value for a property of this size, flexibility and location.**** A heritage home that pays you back----in lifestyle and income. Offers welcomed anytime.
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $89,750 $179,500 $269,250 $359,000
First Mortgage $1,705,250 $1,615,500 $1,525,750 $1,436,000
CMHC/GE $46,894.38 $32,310 $26,700.63 $0
Total Financing $1,752,144.38 $1,647,810 $1,552,450.63 $1,436,000
Monthly P&I $7,504.3 $7,057.44 $6,649.03 $6,150.28
Expenses $0 $0 $0 $0
Total Payment $7,504.3 $7,057.44 $6,649.03 $6,150.28
Income Required $281,411.19 $264,654.09 $249,338.46 $230,635.38

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SOTHEBY'S INTERNATIONAL REALTY, BROKERAGE

129 JOHNSON Stre , Niagara-on-the-Lake, L0S 1J0, Niagara

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: Niagara
Municipality: Niagara-on-the-Lake
Neighbourhood: 101 - Town
Style: 2-Storey
Lot Size: x 130.00(Feet)
Approximate Age: 51-99
Tax: $9,642
Maintenance Fee: $0
Beds: 4
Baths: 3
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229


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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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