9245 Shoveller Drive 19, Niagara Falls

$749,900
9245 Shoveller Drive 19

$749,900

New
7d
Condo TownhouseBungalow

9245 Shoveller Drive 19, Niagara Falls

Total Monthly Obligation $4,017

Bed+Den
3+1
Baths
3
Park
2
Sqft
1200-1399
DOM
7d
Score
16
Yield
4.0%
Cash on Cash
-9.8%
Cap Rate
2.5%
5Y IRR
7.9%
10Y IRR
8.6%
Property Type-Condo Townhouse
MLS® Number-X14089186
Bed+Den-3+1
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Oct 16, 2026
Style-Bungalow
Building Type-Condo Townhouse
Age-6-10
Taxes-$6,383.44 (2026)
Maintenance-$260/mo
Locker-None
Parking-4 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-PEAK GROUP REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Natural Gas
Pool-None
Exterior-Vinyl Siding, Stone
Roof-Shingles
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-219 - Forestview
Title-Residential Condo & Other

No agent assigned

Welcome to Fernwood Estates, a sought-after community within Victoria Woods Phase Two. Built in 2017 by renowned Niagara builder Silvergate Homes, this beautifully appointed bungalow townhouse offers luxury, comfort, and low-maintenance living. The community features manicured grounds, landscaped gardens, custom light posts, and elegant architecture.Step inside to a bright, open-concept layout featuring 9-foot ceilings, expansive windows, engineered hardwood flooring, and quality finishes throughout. The kitchen offers quartz countertops, a gas stove, ample cabinetry, and a spacious island ideal for dining and entertaining. The main-floor laundry may also be converted into a pantry, with potential to relocate laundry to the utility room.The inviting living area features a cozy gas fireplace and sliding glass doors leading to a covered porch, with pre-approved screened-in plans available to unit owners for those who wish to add comfort and privacy to their outdoor space. The main floor includes two spacious bedrooms and two bathrooms, including a primary retreat with a four-piece ensuite featuring a glass shower, separate soaker tub, and double vanity that walks into a large walk in closet space.The fully finished basement provides exceptional additional living space with a large recreation room, oversized above-grade windows, high ceilings, a third bedroom, three-piece bathroom, utility room with ample storage space, and cold cellar. Additional highlights include a double-car garage with epoxy flooring and affordable condo fees of just $260/month, covering grounds maintenance and snow removal. Ideally located near schools, shopping, highway access, parks, everyday amenities, and Niagara Falls' renowned tourist district, this home offers the perfect combination of upscale living, convenience, and a peaceful community setting. Book your showing today!

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Closing Costs

Mortgage Amount
$599,920
Land Transfer Taxes$11,473
Legal Fees (Est.)
$
Total cash required for closing$162,953

Total Monthly Obligation

$4,017/mo
Mortgage $3,025
Monthly Loss $3,221
Principal$796
Interest$2,229
Property Tax$532
Condo Fees$260
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.4%0
5-Year IRR
5.2%12
10-Year IRR
7.0%
Returns Index
7.1/ 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
$29,628/yr
NOI
$14,762/yr
Net Cash Flow
-$1,795/mo
Cash Margin
-72.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.413
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo39
Risk Index
20.0/ 100

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

Comparables

Properties near 9245 Shoveller Drive 19

Time

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Data last updated within the past 24 hours.