7109 Parkside Road, Niagara Falls

$689,900
7109 Parkside Road

$689,900

New
8d
DetachedSidesplit 4

7109 Parkside Road, Niagara Falls

Total Monthly Obligation $3,643

Beds
4
Baths
2
Park
2
Sqft
1100-1500
DOM
8d
Score
17
Yield
4.4%
Cash on Cash
-6.2%
Cap Rate
3.3%
5Y IRR
10.7%
10Y IRR
10.8%
Property Type-Detached
MLS® Number-X14080568
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-49.54 × 114.82 ft
Listed on site-Oct 15, 2026
Style-Sidesplit 4
Building Type-Detached
Age-16-30
Taxes-$5,822.64 (2026)
Parking-4 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas, Rec Room
Pool-None
Facing-North
Exterior-Brick, Concrete
Roof-Asphalt Shingle
Foundation-Brick, Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-219 - Forestview
Title-Residential Freehold

No agent assigned

Welcome to 7109 Parkside Road! Nestled in a quiet neighbourhood, this attractive four-level sidesplit, built in 2003, offers approximately 700 sq. ft. on each level, providing plenty of room for family living! Step inside the spacious living room, where an oversized window fills the space with natural light and 3/4-inch hardwood flooring adds warmth and character. Continuing to the kitchen, you'll find maple cabinetry and a built-in pantry. The adjoining dinette features doors leading to the backyard, offering lovely views of the pond beyond. A few steps up, we reach the upper level, where three carpeted bedrooms await. The primary bedroom features two double closets and ensuite privilege to the 4-piece bathroom. Both additional bedrooms offer double closets. A conveniently located laundry closet with washer and dryer completes this level. Heading downstairs, you'll discover an inviting recreation room featuring a gas fireplace with an oak hearth, perfect for cozy evenings during the cooler months! A fourth bedroom and an additional 4-piece bathroom make this level a versatile extension of the home's living space. A few more steps take us to a 4th level and the unfinished basement, offering possibilities to make the space your own! Whether you envision a games room, workout area, or additional recreational space, there's room to explore your ideas. This level also features a fruit cellar and additional washer and dryer hookups. And now, let's step outside! The spacious, covered wooden deck provides a wonderful spot to relax, entertain, or enjoy some shade on warm summer days. Backing onto a pond, this property offers peaceful water views and the added benefit of no immediate rear neighbours. Conveniently located close to schools, parks, and highway access, 7109 Parkside Road is a wonderful place to call home!

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

Mortgage Amount
$551,920
Land Transfer Taxes$10,273
Legal Fees (Est.)
$
Total cash required for closing$149,753

Total Monthly Obligation

$3,643/mo
Mortgage $2,783
Monthly Loss $2,911
Principal$732
Interest$2,051
Property Tax$485
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.8%1
5-Year IRR
7.1%19
10-Year IRR
8.4%
Returns Index
10.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$30,696/yr
NOI
$17,304/yr
Net Cash Flow
-$1,341/mo
Cash Margin
-52.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
22.1/ 100

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

Comparables

Properties near 7109 Parkside Road

Time

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Data last updated within the past 24 hours.