404 Wright Crescent, Niagara-on-the-Lake

$999,999
404 Wright Crescent

$999,999

New
59d
DetachedBungalow

404 Wright Crescent, Niagara-on-the-Lake

Total Monthly Obligation $4,933

Beds
5
Baths
4
Park
4
Sqft
2000-2500
DOM
59d
Score
17
Yield
4.2%
Cash on Cash
-5.8%
Cap Rate
3.3%
5Y IRR
11.0%
10Y IRR
11.0%
Property Type-Detached
MLS® Number-X13712270
Beds-5
Bathrooms-4
Size-2000-2500 sqft
Lot Size-60.04 × 129.52 ft
Listed on site-Aug 25, 2026
Style-Bungalow
Building Type-Detached
Taxes-$6,290.59 (2026)
Parking-6 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX NIAGARA REALTY LTD, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Rec Room, Natural Gas
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-FLEXIBLE
Neighbourhood-107 - Glendale
Title-Residential Freehold

No agent assigned

Welcome to one of Niagara's premier neighbourhoods! Nestled within Niagara-on-the-Green and backing on the 27th hole of the Royal Niagara Golf Course, this neighbourhood has been featured on HGTV's House Hunters. The inviting front porch gives views of the manicured street, and leads into the first of 5 bedrooms or the perfect office location. Experience the open concept of the living and dining area, leading you into the spacious kitchen. The kitchen has stylized cabinetry, and features beautiful quartz counter space, with a breakfast bar that sits 6. Sliding doors off the kitchen lead you to a pristine back yard with views of the golf course and pond. The covered patio with gas BBQ line, A private gate and bridge to the course allows you access to load your clubs on the cart in style. The family room has a gas fireplace, high windows, a vaulted ceilings, views of the backyard and golf course and beyond.Have adult children? In-laws? Interested in running a B&B?...The lower level is beautifully finished with an impressively large recreation room with a gas fireplace, two additional bedrooms, two beautiful bathrooms - featuring a double sink vanity complete with a steam shower, and finally a second full kitchen. Roof 2019, AC 2023. HWT owned. Property taxes are calculated using the regional tax calculator. All interior furnishings for sale additionally, excepting the dining room table.

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

Closing Costs

Mortgage Amount
$799,999
Land Transfer Taxes$16,475
Legal Fees (Est.)
$
Total cash required for closing$217,975

Total Monthly Obligation

$4,933/mo
Mortgage $4,034
Monthly Loss $3,871
Principal$1,061
Interest$2,972
Property Tax$524
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.8%1
5-Year IRR
7.9%23
10-Year IRR
9.0%
Returns Index
12.7/ 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
$42,480/yr
NOI
$27,441/yr
Net Cash Flow
-$1,747/mo
Cash Margin
-49.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo30
Risk Index
18.2/ 100

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

Comparables

Properties near 404 Wright Crescent

Time

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