3710 Main Street 207, Niagara Falls

$389,900
3710 Main Street 207

$389,900

New
25d
Condo Apartment2-Storey

3710 Main Street 207, Niagara Falls

Total Monthly Obligation $2,540

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
25d
Score
23
Yield
7.5%
Cash on Cash
0.8%
Cap Rate
4.7%
5Y IRR
16.2%
10Y IRR
15.1%
Property Type-Condo Apartment
MLS® Number-X13835448
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Sep 28, 2026
Style-2-Storey
Building Type-Condo Apartment
Age-6-10
Taxes-$2,836.32 (2025)
Maintenance-$530.86/mo
Locker-Owned
Parking-1 - None
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-FLYNN REAL ESTATE INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Aluminum Siding, Brick
Possession-Flexible
Neighbourhood-223 - Chippawa
Title-Residential Condo & Other

No agent assigned

Welcome to Kaumeyer Place - a beautifully maintained condo offering not just a home, but a lifestyle in the heart of charming Chippawa. This bright and modern 2-bedroom, 2-bathroom unit features an open-concept layout with stylish finishes, spacious bedrooms, in-suite laundry, and a stunning kitchen complete with marble countertops. The inviting living area is enhanced by a beautiful skylight that fills the space with natural light, creating a warm and airy atmosphere throughout the day. Pride of ownership is evident throughout with thoughtful updates, including fresh paint, a new bedroom window (2024), updated caulking in the kitchen and bathrooms, a new bedroom ceiling fan/light fixture, and a newly installed hallway bathroom cabinet. Enjoy the convenience of an exclusive parking space, storage unit, and mailbox, all while being just steps from the Niagara River, scenic Niagara Parkway trails, local bus stops, and popular restaurants, including Sal's Pizzeria, B-Jays, and Riverside Tavern. Experience the vibrant community atmosphere of nearby Cummington Square, known for its summer live music, local events, and festive holiday charm. Located only a short 10-minute drive from downtown Niagara Falls, casinos, shopping, and entertainment, this condo is ideal for first-time buyers, downsizers, investors, or anyone seeking a low-maintenance lifestyle in one of Niagara's most desirable communities.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$311,920
Land Transfer Taxes$4,324
Legal Fees (Est.)
$
Total cash required for closing$83,804

Total Monthly Obligation

$2,540/mo
Mortgage $1,573
Monthly Loss $2,126
Principal$414
Interest$1,159
Property Tax$236
Condo Fees$531
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-5.0%2
5-Year IRR
11.9%50
10-Year IRR
12.3%
Returns Index
25.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$29,184/yr
NOI
$14,659/yr
Net Cash Flow
-$351/mo
Cash Margin
-14.4%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.7813
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo65
Risk Index
32.0/ 100

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

Comparables

Properties near 3710 Main Street 207

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.