6495 BRACKEN Street, Niagara Falls

$549,900
6495 BRACKEN Street

$549,900

New
23d
DetachedBungalow

6495 BRACKEN Street, Niagara Falls

Total Monthly Obligation $2,902

Beds
3
Baths
2
Park
6
Sqft
700-1100
DOM
23d
Score
19
Yield
5.0%
Cash on Cash
-3.1%
Cap Rate
3.9%
5Y IRR
13.1%
10Y IRR
12.7%
Property Type-Detached
MLS® Number-X13842998
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-60 × 100 ft
Listed on site-Sep 30, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$3,707.64 (2026)
Parking-6 - None
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-212 - Morrison
Title-Residential Freehold

No agent assigned

Detached 3 bedroom 2 bathroom brick bungalow in Niagara Falls, set on a 60 x 100 ft lot on a quiet, tree-lined street in an established subdivision. 6495 Bracken Street offers main floor living, a finished basement with a separate side entrance, and double wide asphalt and concrete driveway for up to six vehicles. The main floor features a bright living room, a kitchen and dining area, three bedrooms including a main floor primary bedroom, and a four-piece bathroom. The finished basement is anchored by a large family room with a wood-burning fireplace, plus a three-piece bathroom, laundry room, separate utility room, and closets for storage. With a separate entrance, a second bathroom, and finished living space already in place, this Niagara Falls bungalow offers strong potential for an in-law suite or basement apartment, subject to City of Niagara Falls approvals. Recent updates include a new electrical panel. The home also features central vacuum. The fully fenced backyard includes three storage sheds, pergola for comfortable outdoor dining and natural gas BBQ connection at pergola. The home is within walking distance of the Millennium Recreational Trail, the Rotary Storywalk Pathway, and a children's playground. Nearby schools include Cherrywood Acres PS, St. Mary, A.N. Myer SS, and Saint Paul, with quick access to the QEW and Highway 420 for commuting across the Niagara Region, Hamilton, and the GTA.

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

Closing Costs

Mortgage Amount
$439,920
Land Transfer Taxes$7,473
Legal Fees (Est.)
$
Total cash required for closing$118,953

Total Monthly Obligation

$2,902/mo
Mortgage $2,218
Monthly Loss $2,318
Principal$584
Interest$1,634
Property Tax$309
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.4%1
5-Year IRR
9.0%29
10-Year IRR
9.9%
Returns Index
15.7/ 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
$27,636/yr
NOI
$16,665/yr
Net Cash Flow
-$829/mo
Cash Margin
-36.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
27.4/ 100

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

Comparables

Properties near 6495 BRACKEN Street

Time

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