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$1,390,000
Available - For Sale
Listing ID: X12165007
Prime Northend Niagara Falls Home with Development Potential. Unveil the potential of this exceptional 1 acre property complete with a 2,300+ square foot, 3 bedroom, 4 bathroom bungalow. Strategically located in north end Niagara Falls adjacent to the luxury development of Terravita and close proximity to Calaguiro estates. Zoned R4/DH, this versatile property offers limitless possibilities for developers, investors, and visionaries. With one existing home on the site, immediate rental income or phased development is an option. This property's zoning classification allows for a variety of high-density residential projects. Imagine creating a community of modern townhomes, luxury apartments, or a mix of residential units that cater to the growing demand in this vibrant area. The existing 2,300+ square foot bungalow provides immediate income opportunities or can be incorporated into the larger development plan. Minutes away from top-rated schools, shopping centres, dining, parks, and recreational facilities with QEW access off Mountain Road.
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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 $69,500 $139,000 $208,500 $278,000
First Mortgage $1,320,500 $1,251,000 $1,181,500 $1,112,000
CMHC/GE $36,313.75 $25,020 $20,676.25 $0
Total Financing $1,356,813.75 $1,276,020 $1,202,176.25 $1,112,000
Monthly P&I $5,811.13 $5,465.09 $5,148.83 $4,762.61
Expenses $0 $0 $0 $0
Total Payment $5,811.13 $5,465.09 $5,148.83 $4,762.61
Income Required $217,917.3 $204,941.05 $193,081.04 $178,597.87

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX NIAGARA REALTY LTD, BROKERAGE

6378 Mountain Road , Niagara Falls, L2E 6S4, Niagara

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MD Ashraful Bari
Broker
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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 Falls
Neighbourhood: 206 - Stamford
Style: Bungalow
Lot Size: x 355.35(Feet)
Approximate Age:
Tax: $7,000
Maintenance Fee: $0
Beds: 3
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: Inground
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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

  Email Us

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

 

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