8111 Forest Glen Drive 322, Niagara Falls

$599,888
8111 Forest Glen Drive 322

$599,888

New
9d
Condo Apartment1 Storey/Apt

8111 Forest Glen Drive 322, Niagara Falls

Total Monthly Obligation $3,895

Beds
2
Baths
2
Park
1
Sqft
1200-1399
DOM
9d
Score
16
Yield
5.6%
Cash on Cash
-8.4%
Cap Rate
2.8%
5Y IRR
8.9%
10Y IRR
9.4%
Property Type-Condo Apartment
MLS® Number-X14033646
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 14, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$5,222 (2025)
Maintenance-$839.75/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HomeLife Professionals Realty Inc
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Roof-Flat
Foundation-Concrete
Possession-30-59 days
Neighbourhood-208 - Mt. Carmel
Title-Residential Condo & Other

No agent assigned

Discover an exceptional blend of elegance, comfort, and carefree condominium living at the sought after Mansions of Forest Glen, nestled in Niagara Falls' desirable Mount Carmel neighborhood. Welcome to Unit 322, a beautifully updated suite offering over 1,250 sq. ft. of thoughtfully designed living space, complemented by picturesque woodland views and an abundance of natural light. Expansive windows create a bright, inviting atmosphere while providing a peaceful sense of privacy rarely found in condominium living. The generously sized living and dining areas offer the perfect setting for both everyday relaxation and entertaining, highlighted by a direct access to a private covered balcony overlooking the tranquil surroundings. The spacious eat-in kitchen features ample cabinetry, generous counter space, and a functional layout designed for convenience. This impressive residence offers two well-appointed bedrooms, two full bathrooms, and a versatile den ideal for a home office, reading room, or additional sitting area. Tasteful modern updates, in-suite laundry, and an underground parking space further enhance the home's appeal. Enjoy the lifestyle of a private resort without ever leaving home, with outstanding building amenities including concierge service, an indoor heated swimming pool, hot tub, sauna, fitness centre, library, party room, and inviting outdoor lounging areas. Surrounded by natural beauty while conveniently located near shopping, dining, parks, and everyday essentials, this remarkable residence delivers the perfect balance of peaceful living and urban convenience. An outstanding opportunity for those seeking spacious, low-maintenance living without compromising comfort, quality, or lifestyle. Welcome home to Unit 322 at Mansions of Forest Glen!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$479,910
Land Transfer Taxes$8,473
Legal Fees (Est.)
$
Total cash required for closing$129,951

Total Monthly Obligation

$3,895/mo
Mortgage $2,420
Monthly Loss $3,258
Principal$637
Interest$1,783
Property Tax$435
Condo Fees$840
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.9%0
5-Year IRR
5.8%14
10-Year IRR
7.6%
Returns Index
8.0/ 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
$33,504/yr
NOI
$12,455/yr
Net Cash Flow
-$1,382/mo
Cash Margin
-49.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
20.5/ 100

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

Comparables

Properties near 8111 Forest Glen Drive 322

Time

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