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New4 days ago

5662 Morden Drive

211 - Cherrywood, Niagara Falls

$849,990

Detached|Bungalow
3 | 3 | 5
About this home

** Legal Duplex - Fully Renovated Solid Bungalow in Highly Desirable Neighborhood of Niagara Falls !** Excellent opportunity for first-time buyers, investors, or multi-generational families. This fully renovated legal duplex features ** 3+2 bedrooms, 2 full bathrooms + powder room, and 2 full kitchens ** , offering flexible living arrangements and excellent rental income potential. Solid brick bungalow with a separate side entrance, quality upgrades throughout, and brand-new appliances. Bright, clean, and move-in ready, this home shows exceptionally well and offers ample parking. Prime location sits directly across from Oaks Park on a quiet street, just minutes from ** Niagara Falls ** , with easy access to public transit, schools, restaurants, grocery stores, highways, and all major amenities. Massive Backyard for your Entertaining Needs. A fantastic opportunity for homeowners and investors alike.

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nest zoom realty
(416) 276-9973
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,632
Lot Size50 ft x 138.5 ft
mls© NumberX14104890
Listed ByRE/MAX ESCARPMENT REALTY INC., BROKERAGE

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,351
Property tax
$303
Heat allowance
$150
Housing costs
$4,803 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $169,998
25-yr amortization

Income needed

$148,000

gross annual household income

Payment at 4%
$3,577 / mo
Cash down
$169,998

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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