HN
3987 Montcalm Crescent, Niagara Falls, ON L2G 6L9, Niagara Falls, ON
+7 photos
$554,900

3987 Montcalm Crescent, Niagara Falls, ON L2G 6L9, Niagara Falls, ON

Niagara Falls, ON L2G 6L9
4 beds 2 baths Detached

About this home

This brick bungalow, located in the quaint Village of Chippawa, is just a short walk to the boat launch park on the Welland River, or as the locals like to call it...the Crick. The garage has been converted into another room which could be used as a main floor family room or a 4th bedroom or it could be converted back to a garage depending on your needs. The 70x120 lot with it's mature trees makes a beautiful private backyard with a separate entrance that goes straight down to the partially finished basement. There are 2 bathrooms and the appliances are included. There is even a hook up for a gas stove behind the current electric stove for those "chef" type people. This home has been well loved and updated over the years. They include soffits facia and eaves, roof including the wood under the shingles, windows, blown in insulation in the attic. There is a reverse osmosis system and water softener. The rec room has a wet bar which makes it convenient for the plumbing of an extra kitchen. Four years ago the wood porch deck as well as the front door, screen door and upstairs inside doors were replaced. There is also a gas hook up for the bbq in the backyard and a gas fireplace in the rec room. This home has great bones and in a fabulous area. Great for the retiree or first time buyer or even to convert into a separate unit for the inlaws when they come to visit. Let your imagination lead you. This is a great house!! And the dog will love the fenced in backyard...the kids will like it too :)

Property Score

70/ 100
Overall Property Score
great

A blend of both buyer and investor metrics.

Score breakdown
Walkability
55/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
55/100good
GO Transit, LRT, and bus access from this neighborhood.
Schools
70/100great
Based on local school rankings (Fraser Institute proxy).
Affordability
81% of city avggreat
Priced below Niagara Falls's average of $685,000.
Appreciation Trend
+1.4%/yrgood
Niagara Falls has seen +1.4% YoY price change.
Monthly Cash Flow
+$240/mofair
Estimated $240/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
6.13%excellent
Net operating income divided by purchase price.
Basement Suite Potential
+$1,380/moexcellent
Existing/legal suite estimated at $1,380/mo additional income.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X12929568
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.