6221 Lyons Creek Road, Niagara Falls

$689,900
6221 Lyons Creek Road

$689,900

New
3d
DetachedBungalow

6221 Lyons Creek Road, Niagara Falls

Total Monthly Obligation $3,452

Beds
3
Baths
2
Park
4
Sqft
700-1100
DOM
3d
Score
18
Yield
4.2%
Cash on Cash
-5.6%
Cap Rate
3.4%
5Y IRR
11.2%
10Y IRR
11.1%
Property Type-Detached
MLS® Number-X14098050
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-100 × 218 ft
Listed on site-Oct 20, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,525 (2025)
Parking-5 - Built-In
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-BOLDT REALTY INC., BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-Fireplace Insert, Wood
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Septic
Possession-IMMEDIATE
Neighbourhood-224 - Lyons Creek
Title-Residential Freehold

No agent assigned

Welcome to 6221 Lyons Creek Road, a beautifully renovated all-brick bungalow set on an impressive 100 x 218 ft. lot in the heart of Chippawa. Ideally located just 1 minute from the QEW and the future Niagara Falls hospital, this home is also only minutes from Walmart, Costco, restaurants, grocery stores, schools, and all major amenities.Completely renovated inside and out, this move-in-ready home offers a bright, open-concept main living space featuring vaulted ceilings, a stylish kitchen with a tiled backsplash, and an abundance of natural light pouring in through the large windows. The main floor offers two generously sized bedrooms, including a spacious primary with dual closets, one of which could easily be converted into a vanity or dressing area. Completing the main level is a fully renovated bathroom featuring a custom glass and tile walk-in shower.The finished basement provides even more functional living space with in-law potential, an oversized third bedroom, a large recreation room, and a second full bathroom complete with a bathtub, making it ideal for families or guests.Outside, enjoy the privacy of the expansive lot featuring a 36-foot front deck, a 20-foot rear patio, a freshly seeded backyard, and a new Septic tank. Ample Parking in the newly finished, double wide drive way, plus an attached garage for storage. With nothing left to do but move in and enjoy everything Chippawa has to offer, this is an opportunity you won't want to miss.

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

Closing Costs

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

Total Monthly Obligation

$3,452/mo
Mortgage $2,783
Monthly Loss $2,719
Principal$732
Interest$2,051
Property Tax$294
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.2%1
5-Year IRR
7.6%21
10-Year IRR
8.7%
Returns Index
11.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$29,256/yr
NOI
$18,305/yr
Net Cash Flow
-$1,257/mo
Cash Margin
-51.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
23.3/ 100

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

Comparables

Properties near 6221 Lyons Creek Road

Time

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