6988 High Street, Niagara Falls

$599,000
6988 High Street

$599,000

New
25d
DetachedBungalow

6988 High Street, Niagara Falls

Total Monthly Obligation $3,097

Beds
2
Baths
2
Park
1
Sqft
700-1100
DOM
25d
Score
16
Yield
3.3%
Cash on Cash
-10.3%
Cap Rate
2.4%
5Y IRR
7.5%
10Y IRR
8.3%
Property Type-Detached
MLS® Number-X13837282
Beds-2
Bathrooms-2
Size-700-1100 sqft
Lot Size-46.26 × 115.25 ft
Listed on site-Sep 28, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,673 (2026)
Parking-2 - Detached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Central Air
Laundry-No
Fireplace-Wood Stove
Pool-Inground
Facing-South
Exterior-Metal/Steel Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-TENANT TO 30 APRIL/27
Neighbourhood-215 - Hospital
Title-Residential Freehold

No agent assigned

Here's a Charming 2-bedroom bungalow in a quiet, family-friendly neighbourhood. Conveniently located to all amenities including QEW highway, Shopping, Banking & Restaurants. This home features recent upgrades including flooring on the main level and a beautifully renovated bathroom. Enjoy a functional layout with a bright living space and a finished basement offering a cozy recreation room, additional bathroom, workbench area and laundry room. A new dishwasher adds everyday convenience and a baby grand piano is included. The property also includes an inground Pool and a detached 1-cargarage.

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

Closing Costs

Mortgage Amount
$479,200
Land Transfer Taxes$8,455
Legal Fees (Est.)
$
Total cash required for closing$129,755

Total Monthly Obligation

$3,097/mo
Mortgage $2,416
Monthly Loss $2,461
Principal$636
Interest$1,780
Property Tax$306
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.6%10
Cash-on-Cash
-14.9%0
5-Year IRR
4.0%8
10-Year IRR
6.0%
Returns Index
5.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$19,944/yr
NOI
$9,777/yr
Net Cash Flow
-$1,601/mo
Cash Margin
-96.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.343
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo53
Risk Index
24.6/ 100

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

Comparables

Properties near 6988 High Street

Time

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