2602 Olden Avenue, Niagara Falls

$667,500
2602 Olden Avenue

$667,500

New
37d
DetachedBungalow

2602 Olden Avenue, Niagara Falls

Total Monthly Obligation $3,479

Beds
3
Baths
2
Park
2
Sqft
700-1100
DOM
37d
Score
17
Yield
4.0%
Cash on Cash
-7.8%
Cap Rate
2.9%
5Y IRR
9.4%
10Y IRR
9.8%
Property Type-Detached
MLS® Number-X13794118
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-50 × 100 ft
Listed on site-Sep 16, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,931.87 (2026)
Parking-4 - Attached
Basement-Partial Basement, Partially Finished
Heating-Forced Air (Gas)
Brokerage-COMFREE
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-207 - Casey
Title-Residential Freehold

No agent assigned

This well-maintained home offers spacious and functional living with a large open-concept living and dining area, creating an inviting space for everyday living and entertaining. The kitchen is conveniently accessible from both the hallway and dining room and features patio doors leading to a bright three-season, L-shaped sunroom. The sunroom includes a six-person hot tub (negotiable) and opens through a 6-foot patio door to a 14' x 10' deck overlooking the backyard. The lower level features a generous recreation room with a cozy gas fireplace, a laundry room with workshop space, and additional storage areas, including enclosed storage beneath the sunroom and beneath the front entrance. The attached double garage is accessible from both the basement and laundry room for added convenience. Outside, you'll find a paved driveway, a 10' x 10' storage shed, and a spacious backyard with plenty of room for outdoor activities or future additions such as a playset or above-ground pool. Additional features include ceiling fans in all three bedrooms and smoke and carbon monoxide detectors on both levels.

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

Closing Costs

Mortgage Amount
$534,000
Land Transfer Taxes$9,825
Legal Fees (Est.)
$
Total cash required for closing$144,825

Total Monthly Obligation

$3,479/mo
Mortgage $2,693
Monthly Loss $2,770
Principal$709
Interest$1,984
Property Tax$411
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.4%0
5-Year IRR
5.9%14
10-Year IRR
7.5%
Returns Index
8.3/ 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
$26,628/yr
NOI
$14,533/yr
Net Cash Flow
-$1,481/mo
Cash Margin
-66.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
22.6/ 100

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

Comparables

Properties near 2602 Olden Avenue

Time

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