6075 Summer Street, Niagara Falls

$587,000
6075 Summer Street

$587,000

Price Change
35d
DetachedBungalow-Raised

6075 Summer Street, Niagara Falls

Total Monthly Obligation $3,061

Beds
4
Baths
3
Park
2
Sqft
1100-1500
DOM
35d
Score
19
Yield
4.8%
Cash on Cash
-3.7%
Cap Rate
3.8%
5Y IRR
12.7%
10Y IRR
12.3%
Property Type-Detached
MLS® Number-X13804390
Beds-4
Bathrooms-3
Size-1100-1500 sqft
Lot Size-49 × 126 ft
Listed on site-Sep 18, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$3,822 (2025)
Parking-3 - Attached
Basement-Apartment, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-215 - Hospital
Title-Residential Freehold

No agent assigned

Gorgeous, Renovated Detached Raised Bungalow with Walkout Basement Apartment on a Huge Corner Lot! Nearly $100,000 spent on renovations! This spacious home is an excellent opportunity for extended families or buyers looking to live upstairs while generating additional rental income from the basement. The main level features 3 bedrooms and 1.5 bathrooms, a large living and dining area, a newer kitchen with stainless steel appliances, and a beautiful glass-enclosed sunroom. The spacious 1-bedroom walkout basement apartment offers a separate entrance, large above-grade windows, and excellent potential to add a second bedroom. With its own kitchen and bathroom, the lower level provides a flexible space for family members or rental income. Extensive renovations include: Newer flooring throughout, Updated plumbing, portlights, 2.5 renovated bathrooms, 2 newer kitchens, Stainless steel appliances, Walkout basement with separate entrance. Situated on a huge corner lot in an excellent Niagara Falls location, this property inconveniently close to highways, schools, shopping, parks, restaurants, and other amenities. A fantastic opportunity for families, investors, or anyone seeking a renovated home with income potential!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$469,600
Land Transfer Taxes$8,215
Legal Fees (Est.)
$
Total cash required for closing$127,115

Total Monthly Obligation

$3,061/mo
Mortgage $2,368
Monthly Loss $2,438
Principal$623
Interest$1,745
Property Tax$319
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.7%27
10-Year IRR
9.6%
Returns Index
14.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$28,464/yr
NOI
$17,296/yr
Net Cash Flow
-$926/mo
Cash Margin
-39.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo53
Risk Index
26.1/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 6075 Summer Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.