5679 Highland Avenue, Niagara Falls

$639,900
5679 Highland Avenue

$639,900

Price Change
38d
DetachedBungalow-Raised

5679 Highland Avenue, Niagara Falls

Total Monthly Obligation $3,394

Beds
4
Baths
2
Park
3
Sqft
1100-1500
DOM
38d
Score
18
Yield
4.6%
Cash on Cash
-5.6%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.1%
Property Type-Detached
MLS® Number-X13784190
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-40 × 135.2 ft
Listed on site-Sep 15, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$5,255 (2025)
Parking-4 - Attached
Basement-Finished, Separate Entrance
Heating-Forced Air (Electric)
Brokerage-RE/MAX NIAGARA REALTY LTD, BROKERAGE
Cooling-Central Air, Other
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-215 - Hospital
Title-Residential Freehold

No agent assigned

Welcome to this fantastic raised bungalow, thoughtfully configured as two separate living spaces-an ideal opportunity for first-time homebuyers, multi-generational families, or savvy investors! The main level offers a bright and comfortable layout featuring 2 bedrooms, including a generous primary bedroom with a walk-in closet, a spacious living room with a cozy gas fireplace, and a large eat-in kitchen with direct access to a covered patio, perfect for relaxing or entertaining. Convenient main-floor laundry provides easy access to the garage, while the 4-piece bathroom with a Jacuzzi tub adds an extra touch of comfort. The fully finished lower level offers incredible versatility with its own separate walk-up entrance, making it perfect for extended family, in-law accommodations, or rental income. This spacious level features a second kitchen, 3-piece bathroom, large living area, and 2 additional Bedrooms. Outside, enjoy a fully fenced yard, 1.5-car garage, and triple-wide driveway offering plenty of parking. Adding even more value, the home features separate hydro meters and separate heating, providing excellent flexibility for investors or multi-generational living. The lower-level tenant would love to stay, making this an especially attractive opportunity for investors seeking immediate rental potential. A rare combination of space, flexibility, and income potential-this one is not to be missed!

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

Mortgage Amount
$511,920
Land Transfer Taxes$9,273
Legal Fees (Est.)
$
Total cash required for closing$138,753

Total Monthly Obligation

$3,394/mo
Mortgage $2,581
Monthly Loss $2,715
Principal$679
Interest$1,902
Property Tax$438
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.5%1
5-Year IRR
7.4%20
10-Year IRR
8.6%
Returns Index
11.4/ 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
$29,232/yr
NOI
$16,554/yr
Net Cash Flow
-$1,202/mo
Cash Margin
-49.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
23.5/ 100

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

Comparables

Properties near 5679 Highland Avenue

Time

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