6289 Atlee Street, Niagara Falls

$450,000
6289 Atlee Street

$450,000

New
50d
DetachedBungalow

6289 Atlee Street, Niagara Falls

Total Monthly Obligation $2,431

Beds
2
Baths
2
Park
3
Sqft
700-1100
DOM
50d
Score
21
Yield
5.6%
Cash on Cash
-0.6%
Cap Rate
4.5%
5Y IRR
15.1%
10Y IRR
14.3%
Property Type-Detached
MLS® Number-X13743360
Beds-2
Bathrooms-2
Size-700-1100 sqft
Lot Size-49 × 138.5 ft
Listed on site-Sep 3, 2026
Style-Bungalow
Building Type-Detached
Taxes-$2,885.67 (2026)
Parking-3 - None
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTY SERVICES INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-217 - Arad/Fallsview
Title-Residential Freehold

No agent assigned

Welcome to 6289 Atlee Street! This charming, 2 bed, 2 bath bungalow tucked away in an established Niagara Falls neighbourhood close to schools, parks, shopping & everyday amenities. Lovingly cared for by the same family since it was originally built, this clean and inviting home is ready for its next chapter. The main floor offers bright & functional layout with two bedrooms, a 4-piece bathroom, living room and eat-in kitchen featuring quartz countertops. The finished basement adds valuable living space with a spacious recreation room and second full bathroom. A convenient rear entrance provides added flexibility and potential for an in-law suite. Back entrance walks out to a covered back patio & large private yard.

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

Closing Costs

Mortgage Amount
$360,000
Land Transfer Taxes$5,475
Legal Fees (Est.)
$
Total cash required for closing$96,975

Total Monthly Obligation

$2,431/mo
Mortgage $1,815
Monthly Loss $1,953
Principal$478
Interest$1,338
Property Tax$240
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.7%2
5-Year IRR
10.4%38
10-Year IRR
11.0%
Returns Index
20.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$25,224/yr
NOI
$15,316/yr
Net Cash Flow
-$539/mo
Cash Margin
-25.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo68
Risk Index
32.1/ 100

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

Comparables

Properties near 6289 Atlee Street

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.