8004 Westminster Drive, Niagara Falls

$1,679,999
8004 Westminster Drive

$1,679,999

New
4d
Detached2-Storey

8004 Westminster Drive, Niagara Falls

Total Monthly Obligation $7,861

Beds
5
Baths
4
Park
6
Sqft
3000-3500
DOM
4d
Score
14
Yield
2.7%
Cash on Cash
-11.8%
Cap Rate
2.0%
5Y IRR
6.3%
10Y IRR
7.4%
Property Type-Detached
MLS® Number-X14094430
Beds-5
Bathrooms-4
Size-3000-3500 sqft
Lot Size-90.22 × 150 ft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Detached
Taxes-$8,517.08 (2026)
Parking-8 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-PEAK GROUP REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-208 - Mt. Carmel
Title-Residential Freehold

No agent assigned

Welcome to this exceptional 5-bedroom residence in the prestigious Mt. Carmel neighbourhood of North End Niagara Falls, ideally situated on a rare and expansive 90' x 150' premium lot. Offering close to 4,000 sq. ft. of finished living space, this impressive home provides an outstanding blend of space, comfort, functionality, and indoor-outdoor living. The thoughtfully designed main level features generous living and entertaining areas, complemented by an abundance of natural light. A true highlight is the fully enclosed all-season sunroom with heated floors, creating a comfortable year-round extension of the home's living space. The sunroom is also equipped with water and gas lines, offering excellent potential for a second kitchen, wet bar, or additional entertaining space. The fully finished basement adds even more versatility and living space, featuring a dedicated theatre room perfect for movie nights, sports and family entertainment, along with a bedroom that provides an ideal space for guests, teenagers, a home office, or extended family. Step outside to an incredible backyard designed for entertaining. The expansive stamped-concrete patio provides an impressive outdoor living area, complete with an outdoor kitchenette equipped with water and gas lines, making summer gatherings, family dinners and entertaining effortless. The generous 90' x 150' lot offers exceptional space for recreation, gardening, entertaining and enjoying your own private backyard oasis. Convenient access from the garage directly to the basement adds even more versatility, with the potential to create a secondary living space or adapt the home for multi-generational living. The home is further complemented by a secondary spacious garage featuring two 7-foot garage doors, offering excellent flexibility for motorcycle storage, additional storage needs, or the opportunity to create your own private man cave, hobby space, or hangout area.

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

Closing Costs

Mortgage Amount
$1,343,999
Land Transfer Taxes$30,075
Legal Fees (Est.)
$
Total cash required for closing$367,575

Total Monthly Obligation

$7,861/mo
Mortgage $6,777
Monthly Loss $6,078
Principal$1,783
Interest$4,993
Property Tax$710
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.7%10
Cash-on-Cash
-14.8%0
5-Year IRR
4.0%8
10-Year IRR
6.0%
Returns Index
5.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$45,600/yr
NOI
$28,023/yr
Net Cash Flow
-$4,441/mo
Cash Margin
-116.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.343
LTV Ratio
80.0%18
Vacancy Buffer
1.2 mo20
Risk Index
13.5/ 100

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

Comparables

Properties near 8004 Westminster Drive

Time

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