2720 Mewburn Road 3, Niagara Falls

$479,900
2720 Mewburn Road 3

$479,900

New
39d
Condo TownhouseBungalow

2720 Mewburn Road 3, Niagara Falls

Total Monthly Obligation $3,050

Bed+Den
3+1
Baths
2
Park
2
Sqft
1400-1599
DOM
39d
Score
20
Yield
6.7%
Cash on Cash
-2.1%
Cap Rate
4.1%
5Y IRR
13.9%
10Y IRR
13.3%
Property Type-Condo Townhouse
MLS® Number-X13782002
Bed+Den-3+1
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Sep 14, 2026
Style-Bungalow
Building Type-Condo Townhouse
Taxes-$4,547 (2025)
Maintenance-$535/mo
Locker-None
Parking-3 - Attached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ROUGE RIVER REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Exterior-Brick
Possession-60 Days/TBA
Neighbourhood-207 - Casey
Title-Residential Condo & Other

No agent assigned

Beautifully updated all-brick End Unit bungalow condo in an excellent North End location with easy QEW access. Gorgeous custom kitchen with quality cabinetry, porcelain tile, backsplash, and upgraded stainless-steel appliances. Main Floor Laundry, High-grade vinyl plank flooring, quality light fixtures, California shutters, and fresh décor throughout. plus, convenient main-floor laundry. The primary suite features a fully renovated ensuite with marble vanity, comfort-height toilet, large linen closet, and oversized walk-in shower with two shower heads and safety grab bar. Enjoy the heated pool and recent condominium updates, including roof, windows, and patio doors. A MUST SEE !

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

Closing Costs

Mortgage Amount
$383,920
Land Transfer Taxes$6,073
Legal Fees (Est.)
$
Total cash required for closing$103,553

Total Monthly Obligation

$3,050/mo
Mortgage $1,936
Monthly Loss $2,540
Principal$509
Interest$1,426
Property Tax$379
Condo Fees$535
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.2%1
5-Year IRR
10.2%37
10-Year IRR
10.9%
Returns Index
19.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$32,376/yr
NOI
$15,771/yr
Net Cash Flow
-$622/mo
Cash Margin
-23.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo53
Risk Index
26.8/ 100

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

Comparables

Properties near 2720 Mewburn Road 3

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.