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612 - 4263 Fourth Avenue
homes for sale · Niagara Falls · Downtown
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$369,000

612 - 4263 Fourth Avenue

Downtown, Niagara Falls · MLS® X13597346

221

Townhouse · Single Family · 93 days on market

listed by RAKESH CHANDER BABBER, CITYSCAPE REAL ESTATE LTD.

realtor's description

(Vendor Financing Available - Investor-Friendly Opportunity) This bright, contemporary 2-bedroom, 2-bathroom stacked townhome offers a rare combination for today's market: strong rental fundamentals, low carrying costs, and a financing option that opens the door to buyers banks won't. (The Layout) The open-concept kitchen and living area features sleek vinyl flooring, pot lights, and large windows that fill the space with natural light. The kitchen includes stainless steel appliances, a built-in microwave with range hood, and a functional layout suited to everyday living or rental appeal. The primary bedroom offers a 2-piece ensuite, closet, and large window; the second bedroom flexes easily as a guest room, office, or roommate space. A 3-piece main bathroom and in-suite laundry complete the unit. (The Numbers) Condo fees under $150/month cover building insurance, common elements, and water - about as clean as carrying costs get. This unit has a proven rental history, and comparable 2-bedroom units in Niagara Falls are renting well above its last recorded rent, leaving real upside for an investor buyer. For qualified purchasers, 1-year vendor financing is available at 5.49% with 25% down and no income verification - a genuine option for self-employed buyers or anyone rebuilding credit. (The Location) Located in the heart of Downtown Niagara Falls, steps to restaurants, shops, schools, parks, and public transit, with the WEGO transit system connecting straight to the tourist core. Minutes to Clifton Hill, Fallsview Casino, Table Rock, and the Falls themselves, plus the Outlet Collection at Niagara for shopping. Easy access to the Niagara Falls GO Station, QEW, and Hwy 420 for commuters. (Who This Is For) Ideal for investors seeking a low-maintenance, cash-flowing property, or buyers who need flexible financing to get into the market. Being sold in "as is" and "where is" condition. Seller prefers firm offers and can accommodate a quick, flexible closing.

property details

type
Townhouse, Single Family
bedrooms
2
bathrooms
2
parking
1
property tax
$2,965 / yr
strata fee
$148 / mo
strata rules
Pets Allowed With Restrictions
days on market
93
MLS®
X13597346

features

  • Community Centre
  • Pets Allowed With Restrictions
  • Washer
  • Refrigerator
  • Dishwasher
  • Stove

monthly cost

$2,003/mo
Mortgage $1,608 · Tax $247 · Strata $148

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment
$1,608/ monthly
loan $295,200
25-year amortization
total interest
$187,109
cash to close
$73,800
down payment; transfer tax and fees not included
total paid
$482,309

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Downtown, Niagara FallsGoogle Maps ↗

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listed by
RAKESH CHANDER BABBER
CITYSCAPE REAL ESTATE LTD.
call RAKESH · 416-450-0747
Powered by: REALTOR.ca

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location

Downtown, Niagara FallsGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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