4705 Lee Avenue, Niagara Falls

$939,900
4705 Lee Avenue

$939,900

New
22d
Detached2-Storey

4705 Lee Avenue, Niagara Falls

Total Monthly Obligation $4,321

Beds
3
Baths
3
Park
2
Sqft
2000-2500
DOM
22d
Score
18
Yield
4.2%
Cash on Cash
-4.1%
Cap Rate
3.7%
5Y IRR
12.3%
10Y IRR
12.0%
Property Type-Detached
MLS® Number-X13847608
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-48.73 × 148.13 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Detached
Age-New
Taxes-$1,854 (2026)
Parking-4 - Attached
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Central Air
Laundry-No
Fireplace-Electric, Living Room
Pool-None
Facing-West
Exterior-Stone, Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-213 - Ascot
Title-Residential Freehold

No agent assigned

BRAND NEW and built with exceptional quality and craftsmanship! Offering over 2,400 sq. ft. of finished living space on an impressive 48' x 148' lot, this home delivers something rarely found in new construction - an oversized, fully fenced backyard! The main floor features a spacious foyer, 9' ceilings and a stunning kitchen with quartz counters, island, under cabinet lighting and abundant storage, opening to the dining area which brings you to a covered rear patio with gas BBQ hookup. The living room is highlighted by a tray ceiling, built-in cabinetry and electric fireplace. Upstairs, the spacious primary suite features a large walk-in closet and 4pc ensuite with double sinks and quartz counters, plus two additional generous bedrooms, a 4pc bath and convenient second floor laundry. The partly finished basement adds a finished rec room, 3pc bath rough-in and potential 4th bedroom. Additional upgrades include oak staircases with iron spindles, pot lights, enhanced closet shelving and an attractive stone and stucco front exterior. Tarion Warranty included. Close to parks, schools, shopping, transit and highway access. Experience the difference quality construction makes! NOTE: List price reflects the HST rebate. Buyers must qualify for the HST rebate; otherwise, HST will be in addition to the purchase price.

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

Closing Costs

Mortgage Amount
$751,920
Land Transfer Taxes$15,273
Legal Fees (Est.)
$
Total cash required for closing$204,753

Total Monthly Obligation

$4,321/mo
Mortgage $3,791
Monthly Loss $3,323
Principal$998
Interest$2,794
Property Tax$155
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.1%1
5-Year IRR
9.1%30
10-Year IRR
9.8%
Returns Index
16.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$39,360/yr
NOI
$29,070/yr
Net Cash Flow
-$1,369/mo
Cash Margin
-41.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
20.4/ 100

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

Comparables

Properties near 4705 Lee Avenue

Time

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