4448 Mitchell Avenue, Niagara Falls

$649,000
4448 Mitchell Avenue

$649,000

New
4d
DetachedBacksplit 3

4448 Mitchell Avenue, Niagara Falls

Total Monthly Obligation $3,389

Beds
5
Baths
2
Park
6
Sqft
1100-1500
DOM
4d
Score
17
Yield
4.2%
Cash on Cash
-6.8%
Cap Rate
3.1%
5Y IRR
10.2%
10Y IRR
10.4%
Property Type-Detached
MLS® Number-X14098756
Beds-5
Bathrooms-2
Size-1100-1500 sqft
Lot Size-55.13 × 206.68 ft
Listed on site-Oct 19, 2026
Style-Backsplit 3
Building Type-Detached
Taxes-$4,756.98 (2026)
Parking-7 - Attached
Basement-Apartment, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-OWNER AND TENANT
Neighbourhood-212 - Morrison
Title-Residential Freehold

No agent assigned

Welcome to this beautifully updated 3-bedroom backsplit bungalow situated on an impressive 206-ft deep lot-a rare opportunity offering exceptional outdoor space and plenty of possibilities! The bright and spacious upper level has been freshly painted and features numerous pot lights throughout, a newly renovated kitchen and washroom, and a functional layout perfect for family living. The home also offers a two-level basement apartment complete with a separate kitchen and separate laundry, providing excellent additional living space. Enjoy a huge backyard ideal for entertaining, gardening, or family gatherings, along with plenty of driveway parking. Additional pot lights around the exterior enhance the home's curb appeal and evening ambiance. A fantastic property combining an oversized lot, updated interiors, flexible living space, and ample parking-an opportunity you don't want to miss!

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

Closing Costs

Mortgage Amount
$519,200
Land Transfer Taxes$9,455
Legal Fees (Est.)
$
Total cash required for closing$140,755

Total Monthly Obligation

$3,389/mo
Mortgage $2,618
Monthly Loss $2,700
Principal$689
Interest$1,929
Property Tax$396
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.5%0
5-Year IRR
6.6%17
10-Year IRR
8.0%
Returns Index
9.6/ 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
$27,360/yr
NOI
$15,367/yr
Net Cash Flow
-$1,337/mo
Cash Margin
-58.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
23.3/ 100

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

Comparables

Properties near 4448 Mitchell Avenue

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.