7157 Parsa Street, Niagara Falls

$749,900
7157 Parsa Street

$749,900

New
29d
Att/Row/Townhouse2-Storey

7157 Parsa Street, Niagara Falls

Total Monthly Obligation $3,912

Beds
4
Baths
3
Park
2
Sqft
2000-2500
DOM
29d
Score
17
Yield
4.4%
Cash on Cash
-6.1%
Cap Rate
3.3%
5Y IRR
10.8%
10Y IRR
10.8%
Property Type-Att/Row/Townhouse
MLS® Number-X13823444
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-24.79 × 105.75 ft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$6,140 (2025)
Parking-3 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-HOMELIFE/MIRACLE REALTY LTD
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-60-90 days
Neighbourhood-222 - Brown
Title-Residential Freehold

No agent assigned

Welcome to this gorgeous, 2-year-old, freehold townhouse with over 2000 sq ft to call your own. A rare opportunity to own a bright, spacious, family home combining modern finishes, functionality, and future potential. This home provides plenty of space to relax and unwind. Featuring a private individual driveway The open-concept main floor showcases 9' ceilings, spacious hallways, The modern kitchen is designed to impress with quartz countertops, stainless steel appliances, cabinetry with lots of storage, and excellent workspace for everyday living and entertaining. The kitchen flows seamlessly into the spacious living and dining areas with walkout access to the backyard and deck A wide staircase leads to the 2nd level featuring 4 generously sized bedrooms and convenient upper-level laundry with full-size washer dryer and includes a sink and plenty of storage space. The primary suite is a true retreat with a luxurious ensuite and large walk-in closet. The additional bedrooms with closets and windows Direct garage access with garage door opener adds everyday convenience Unfinished Basement offering incredible future potential for additional living space, in-law suite, Perfectly located in a vibrant and growing community close to excellent schools, parks, scenic trails, ponds, shopping including Costco, Walmart and FreshCo, major highways Just a short drive to the Falls, Niagara College & Brock University. This home is the perfect blend of style and comfort.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$599,920
Land Transfer Taxes$11,473
Legal Fees (Est.)
$
Total cash required for closing$162,953

Total Monthly Obligation

$3,912/mo
Mortgage $3,025
Monthly Loss $3,116
Principal$796
Interest$2,229
Property Tax$512
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.6%1
5-Year IRR
7.4%20
10-Year IRR
8.6%
Returns Index
11.2/ 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
$33,240/yr
NOI
$19,276/yr
Net Cash Flow
-$1,419/mo
Cash Margin
-51.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
21.0/ 100

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

Comparables

Properties near 7157 Parsa Street

Time

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