7056 Harriman Street, Niagara Falls

$648,900
7056 Harriman Street

$648,900

Price Change
38d
DetachedBacksplit 4

7056 Harriman Street, Niagara Falls

Total Monthly Obligation $3,364

Beds
4
Baths
2
Park
2
Sqft
1100-1500
DOM
38d
Score
20
Yield
5.2%
Cash on Cash
-2.3%
Cap Rate
4.1%
5Y IRR
13.7%
10Y IRR
13.1%
Property Type-Detached
MLS® Number-X13789056
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-52.5 × 105 ft
Listed on site-Sep 15, 2026
Style-Backsplit 4
Building Type-Detached
Taxes-$4,460 (2026)
Parking-3 - Attached
Basement-Full, Finished, Apartment
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP-ADMIRAL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick Front, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-207 - Casey
Title-Residential Freehold

No agent assigned

Welcome to 7056 Harriman Street, a beautifully refreshed and move-in ready home located in the desirable north area of Niagara Falls. Thoughtfully updated throughout, this home offers a bright, clean, and inviting layout with modern finishes that make it easy for buyers to picture themselves moving right in.The main level features spacious living and dining areas, updated flooring, fresh neutral paint, and a refreshed kitchen with white cabinetry, quartz countertops, stainless steel appliances, modern backsplash, and stylish hardware. The home has been carefully prepared for sale with attention to detail, creating a warm and welcoming feel from the moment you walk in.The finished lower level adds excellent flexibility with additional living space, a second kitchen, bathroom, and multiple rooms that can be used for extended family, guests, recreation, home office, or potential future income use, subject to buyer due diligence, zoning, permits, and local municipal requirements. With its separate living possibilities, this home is ideal for multi-generational families or buyers looking for extra functional space.Located in a convenient Niagara Falls neighbourhood close to schools, parks, shopping, transit, major roads, and everyday amenities, this home offers both comfort and practicality. Clean, updated, and ready for its next owner, 7056 Harriman Street is a fantastic opportunity for buyers looking for a well-maintained home with room to grow. Some pictures are VIRTUALLY staged.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$519,120
Land Transfer Taxes$9,453
Legal Fees (Est.)
$
Total cash required for closing$140,733

Total Monthly Obligation

$3,364/mo
Mortgage $2,617
Monthly Loss $2,675
Principal$689
Interest$1,929
Property Tax$372
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.4%1
5-Year IRR
9.8%34
10-Year IRR
10.5%
Returns Index
18.3/ 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
$33,456/yr
NOI
$21,150/yr
Net Cash Flow
-$855/mo
Cash Margin
-30.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
24.8/ 100

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

Comparables

Properties near 7056 Harriman Street

Time

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Data last updated within the past 24 hours.