5671 Highland Avenue, Niagara Falls

$649,900
5671 Highland Avenue

$649,900

New
38d
DetachedBungalow-Raised

5671 Highland Avenue, Niagara Falls

Total Monthly Obligation $3,421

Beds
3
Baths
2
Park
2
Sqft
1100-1500
DOM
38d
Score
17
Yield
4.5%
Cash on Cash
-5.7%
Cap Rate
3.3%
5Y IRR
11.0%
10Y IRR
11.0%
Property Type-Detached
MLS® Number-X13784292
Beds-3
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-$5,090 (2025)
Parking-3 - 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 beautifully maintained and fully finished raised bungalow, offering an ideal combination of space, functionality, and versatility. With 2+1 bedrooms, 2 full bathrooms, 2 kitchens, 2 separate entrances, and two finished levels, this home is perfectly suited for families, first-time buyers, multi-generational living, or investors. The freshly painted spacious main level features a welcoming living room with gas fireplace and dining area, a well-appointed kitchen, and two generously sized bedrooms with excellent closet space. A convenient 4-piece bathroom and stackable laundry add to the functionality. Step outside from the main level to enjoy your private deck, perfect for morning coffee or entertaining. The fully finished lower level, with its own separate rear entrance, offers exceptional flexibility. Featuring an open-concept kitchen and living area, a bedroom, dedicated office space, laundry, and a 4-piece bathroom, this level is ideal for extended family, guests, or additional rental income. Enjoy the convenience of a location close to schools, parks, shopping, public transit, the QEW, and numerous amenities and attractions. A truly versatile property offering comfortable living upstairs, valuable additional space downstairs, and excellent income potential-all in one fantastic raised bungalow! The existing tenant in the lower level would love to stay, offering an attractive opportunity for investors.

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

Closing Costs

Mortgage Amount
$519,920
Land Transfer Taxes$9,473
Legal Fees (Est.)
$
Total cash required for closing$140,953

Total Monthly Obligation

$3,421/mo
Mortgage $2,622
Monthly Loss $2,731
Principal$690
Interest$1,932
Property Tax$424
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
11.3/ 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
$29,232/yr
NOI
$16,719/yr
Net Cash Flow
-$1,228/mo
Cash Margin
-50.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
23.4/ 100

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

Comparables

Properties near 5671 Highland Avenue

Time

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