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5025 ALBERT Street

982 - Beamsville, Lincoln

$499,000

Detached|Bungalow
2 | 1 | 3
About this home

Welcome to this updated 2-bedroom, 1-bathroom home in the heart of Beamsville, offering the perfect blend of charm, comfort, and modern upgrades. The inside of the home has been renovated over the past few years, this move-in-ready property is ideal for first-time buyers, downsizers, or investors looking for a low-maintenance home in Wine Country.Inside, you'll find stylish new tile flooring in both the kitchen and bathroom, a modernized kitchen featuring updated cabinetry and contemporary fixtures, and a warm, inviting living space highlighted by a cozy gas fireplace. Most windows have been updated, allowing for plenty of natural light throughout the home.The exterior offers excellent functionality and outdoor enjoyment with durable aluminum siding, a newer Trex back deck completed approximately 2 years ago, and a spacious 10x12 shed also added within the last couple of years for additional storage. The home sits on a block foundation with a crawl space and features an on-demand hot water system for added efficiency. The roof is approximately 10 years old.Additional highlights include parking for 3 vehicles with a shared driveway arrangement and a convenient location close to wineries, amenities, parks, and highway access.A fantastic opportunity to own a thoughtfully renovated home in one of Niagara's most desirable communities.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$2,390
Lot Size30 ft x 71.68 ft
mls© NumberX13428948
Listed ByRE/MAX NIAGARA REALTY LTD, BROKERAGE

Listing History

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  • 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%
$2,554
Property tax
$199
Heat allowance
$150
Housing costs
$2,903 / mo

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

Down payment20% · $99,800
25-yr amortization

Income needed

$89,000

gross annual household income

Payment at 4%
$2,100 / mo
Cash down
$99,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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