6464 Desanka Avenue, Niagara Falls

$1,089,000
6464 Desanka Avenue

$1,089,000

New
25d
Detached2-Storey

6464 Desanka Avenue, Niagara Falls

Total Monthly Obligation $5,374

Beds
4
Baths
4
Park
2
Sqft
2000-2500
DOM
25d
Score
15
Yield
3.5%
Cash on Cash
-9.2%
Cap Rate
2.6%
5Y IRR
8.4%
10Y IRR
9.0%
Property Type-Detached
MLS® Number-X13834546
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-38.53 × 113.49 ft
Listed on site-Sep 28, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$7,275.36 (2026)
Parking-4 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-Electric, Natural Gas
Pool-Inground, Salt
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-219 - Forestview
Title-Residential Freehold

No agent assigned

MODERN FAMILY HOME WITH A BACKYARD OASIS IN DESIRABLE FORESTVIEW. Welcome to 6464 Desanka Avenue, offering 4 bedrooms, 4 bathrooms and over 3,000 sq. ft. of livable space in one of Niagara Falls' most sought-after neighbourhoods. Spend your summers in a fully fenced backyard featuring a 16' x 32' saltwater pool with sun shelf, water features and lighting. Exposed aggregate and stamped concrete, multiple lounging areas, a deck and pergola create the perfect setting for pool days, family barbecues and evenings with friends. Set on a generous corner lot with a double-wide driveway and two-car garage, this home features 9-ft ceilings on both the main floor and in the finished basement. The bright, open-concept main level offers living and dining areas centered around a gas fireplace, plus a kitchen with granite countertops, stainless steel appliances, backsplash, pendant lighting and an eat-in area opening to the backyard. A 2-piece bath and updated laundry/mudroom add everyday convenience. Upstairs, a versatile loft makes an ideal home office. The spacious primary retreat features a walk-in closet and 5-piece ensuite, while three additional bedrooms include one with vaulted ceilings and a walk-in closet, and two with feature walls. A 4-piece bath completes the upper level. Entertain downstairs in approximately 900 sq. ft. of finished space featuring a large recreation room, built-in electric fireplace, custom shiplap and wet bar with quartz countertops and island. An exercise area, storage and a 3-piece bath with rainfall shower complete the basement. Updates include pool installation (2018), Omni pool equipment (2022), pool liner (2024), pool heater (2026), front door (2023), LG fridge (2024), washer and dryer (approx. 2024) and exterior concrete sealed (2024).

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

Closing Costs

Mortgage Amount
$871,200
Land Transfer Taxes$18,255
Legal Fees (Est.)
$
Total cash required for closing$237,555

Total Monthly Obligation

$5,374/mo
Mortgage $4,393
Monthly Loss $4,218
Principal$1,156
Interest$3,237
Property Tax$606
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.8%0
5-Year IRR
5.6%13
10-Year IRR
7.2%
Returns Index
7.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$38,400/yr
NOI
$22,785/yr
Net Cash Flow
-$2,494/mo
Cash Margin
-77.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo28
Risk Index
16.6/ 100

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

Comparables

Properties near 6464 Desanka Avenue

Time

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