6365 Drummond Road 105, Niagara Falls

$249,900
6365 Drummond Road 105

$249,900

New
7d
Condo Apartment1 Storey/Apt

6365 Drummond Road 105, Niagara Falls

Total Monthly Obligation $1,868

Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
7d
Score
24
Yield
8.8%
Cash on Cash
2.4%
Cap Rate
5.1%
5Y IRR
17.5%
10Y IRR
16.2%
Property Type-Condo Apartment
MLS® Number-X14087958
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 16, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-16-30
Taxes-$1,664 (2025)
Maintenance-$521.26/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Forced Air (Electric)
Brokerage-RE/MAX ESCARPMENT GOLFI REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Stucco (Plaster)
Possession--
Neighbourhood-216 - Dorchester
Title-Residential Condo & Other

No agent assigned

Easy Living Starts Here Main--Level Condo in Niagara Falls! Discover comfort, convenience, and low-maintenance living at 6365 Drummond Road, Unit #105, Niagara Falls! This bright and inviting 1-bedroom, 1-bathroom condo offers approximately 614 sq. ft. of thoughtfully laid-out living space in a well-maintained boutique building with just 25 units. The open-concept kitchen and living/dining area create a welcoming space for everyday living and entertaining, while large sliding patio doors bring in natural light and lead to your own private outdoor patio. Imagine starting your morning with coffee outdoors or unwinding after a busy day in your own peaceful retreat. Enjoy the added convenience of in-suite laundry, central air conditioning, and one parking space. Water, building insurance, and common elements are included in the monthly maintenance fee of $521.26. The building also permits pets, subject to restrictions. With shopping, amenities, and public transit close by, including a bus stop just steps away, this condo offers an appealing combination of comfort and convenience. Whether you're a first-time buyer ready to enter the market, a downsizer seeking a simpler lifestyle, or an investor exploring opportunities, this condo is worth a closer look. Your next chapter could start here.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$199,920
Land Transfer Taxes$2,224
Legal Fees (Est.)
$
Total cash required for closing$53,704

Total Monthly Obligation

$1,868/mo
Mortgage $1,008
Monthly Loss $1,603
Principal$265
Interest$743
Property Tax$139
Condo Fees$521
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-5.0%2
5-Year IRR
12.1%51
10-Year IRR
12.6%
Returns Index
26.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$21,900/yr
NOI
$9,391/yr
Net Cash Flow
-$225/mo
Cash Margin
-12.4%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.7813
LTV Ratio
80.0%18
Vacancy Buffer
5.1 mo84
Risk Index
38.5/ 100

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

Comparables

Properties near 6365 Drummond Road 105

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.

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Data last updated within the past 24 hours.