6632 Alexa Common, Niagara Falls

$949,900
6632 Alexa Common

$949,900

New
9d
Detached2-Storey

6632 Alexa Common, Niagara Falls

Total Monthly Obligation $4,207

Beds
4
Baths
4
Park
2
Sqft
2000-2500
DOM
9d
Score
18
Yield
3.9%
Cash on Cash
-4.6%
Cap Rate
3.6%
5Y IRR
11.9%
10Y IRR
11.7%
Property Type-Detached
MLS® Number-X14030692
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-45.11 × 85.2 ft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Detached
Age-New
Parking-4 - Attached
Basement-Full, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-REAL BROKER ONTARIO LTD.
Cooling-Central Air
Laundry-No
Fireplace-Family Room
Pool-None
Facing-North
Exterior-Brick Veneer, Vinyl Siding
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-221 - Marineland
Title-Residential Freehold

No agent assigned

BRAND NEW, NEVER-LIVED-IN LUXURY HOME ON A PREMIUM LOT BACKING ONTO MATURE GREEN SPACE WITH THE WELLAND RIVER JUST BEYOND! Offering 2,242 sq. ft. of above-grade living space, plus a 137 sq. ft. covered rooftop terrace and two additional balconies, this striking contemporary home perfectly blends modern design, privacy and functionality. The bright foyer features large-format marble-look tile and opens to a front sitting room with soaring ceiling heights and oversized windows. The main level flows into an open-concept kitchen, dining and living area filled with natural light and framed by peaceful views of the lush greenery beyond. The living room is anchored by a gas fireplace with a floor-to-ceiling marble-look feature wall. The kitchen showcases maple cabinetry, quartz countertops, under-cabinet lighting, matte black hardware and a contrasting black centre island. A custom oak staircase with black metal pickets leads to four generous bedrooms, all with ensuite access. Two bedrooms share a Jack-and-Jill bathroom, a third enjoys its own private ensuite, and the primary retreat features a walk-in closet, private ensuite and covered balcony overlooking the tranquil rear setting. Second-floor laundry adds everyday convenience. The covered rooftop terrace offers an exceptional outdoor space for relaxing or entertaining. The unfinished basement includes a bathroom rough-in and separate entrance, providing outstanding potential for future living space, an in-law suite or rental opportunity, subject to municipal approvals. Ideally located just minutes from parks, scenic trails, schools, shopping, wineries and all the amenities Niagara has to offer, this exceptional home offers the perfect balance of nature and convenience. An exceptional home offering the perfect balance of modern luxury, privacy and natural surroundings. Schedule your private showing today.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$759,920
Land Transfer Taxes$15,473
Legal Fees (Est.)
$
Total cash required for closing$206,953

Total Monthly Obligation

$4,207/mo
Mortgage $3,832
Monthly Loss $3,198
Principal$1,008
Interest$2,823
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.6%1
5-Year IRR
8.8%27
10-Year IRR
9.5%
Returns Index
15.0/ 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
$36,648/yr
NOI
$28,483/yr
Net Cash Flow
-$1,458/mo
Cash Margin
-47.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
20.6/ 100

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

Comparables

Properties near 6632 Alexa Common

Time

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