5159 Shirley Avenue, Niagara Falls

$649,900
5159 Shirley Avenue

$649,900

New
22d
DetachedBungalow

5159 Shirley Avenue, Niagara Falls

Total Monthly Obligation $3,335

Beds
4
Baths
2
Park
6
Sqft
1100-1500
DOM
22d
Score
19
Yield
4.9%
Cash on Cash
-3.3%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.5%
Property Type-Detached
MLS® Number-X13847112
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-65.83 × 101.77 ft
Listed on site-Oct 1, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,057.41 (2026)
Parking-7 - Attached
Basement-Finished with Walk-Out, Walk-Out
Heating-Forced Air (Gas)
Brokerage-Century 21 Heritage House LTD
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-211 - Cherrywood
Title-Residential Freehold

No agent assigned

Privacy, Space, & Pride-of-Ownership... Tucked away on a quiet corner in Niagara Falls' private Northend, this sprawling brick bungalow is the kind of home buyers hope to find-but rarely do. Peaceful, private and beautifully cared for, it offers the space to live comfortably, entertain effortlessly and create memories for years to come. Imagine pulling into your driveway, parking for 6+, without worrying about side neighbours. Discover beautiful, pristine hardwood floors, inviting living spaces plus LR gas fireplace framed in angel brick, creating warmth and character throughout the home. The kitchen is both practical and thoughtfully equipped, with a built-in cooktop, dishwasher, water purifier, gas rough-in, 2025 frige and dinette area. The dining room, with California shutters, provides the perfect setting, from casual family dinners to holiday gatherings. Then the feature that may quickly become your favourite - the L-shaped three-season sunroom. With 2 sets of sliding glass doors and access to the interlock BBQ patio, it creates a wonderful connection between the home and outdoors. Picture morning coffee, afternoon conversations and summer evenings with friends. Finished downstairs, the home surprises you with even more space. A huge 25-foot tiled laundry room, 4th bedroom, and a huge family room with its own gas fireplace provide room for hobbies, recreation, family time. Best of all, many of the big-ticket updates have been taken care of: 2025 furnace and A/C, 2025 water softener, 2026 chlorine removal tank and an owned 2024 hot water tank. This isn't simply a house that's been maintained, it's a home that's been loved. Every detail reflects genuine pride of ownership. If you've been waiting for a home that offers privacy without isolation, space without compromise, and character with modern updates, your search may have just ended. Discover the hidden gem that is 5159 Shirley Ave. You may walk in as a Buyer and walk out imagining yourself living there!

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

Closing Costs

Mortgage Amount
$519,920
Land Transfer Taxes$9,473
Legal Fees (Est.)
$
Total cash required for closing$140,953

Total Monthly Obligation

$3,335/mo
Mortgage $2,622
Monthly Loss $2,645
Principal$690
Interest$1,932
Property Tax$338
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.2%1
5-Year IRR
9.1%30
10-Year IRR
9.9%
Returns Index
16.1/ 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
$31,680/yr
NOI
$19,955/yr
Net Cash Flow
-$959/mo
Cash Margin
-36.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
24.6/ 100

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

Comparables

Properties near 5159 Shirley Avenue

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.