8057 Citation Road, Niagara Falls

$754,900
8057 Citation Road

$754,900

New
25d
DetachedBacksplit 4

8057 Citation Road, Niagara Falls

Total Monthly Obligation $3,933

Beds
4
Baths
2
Park
2
Sqft
1100-1500
DOM
25d
Score
16
Yield
4.1%
Cash on Cash
-7.3%
Cap Rate
3.0%
5Y IRR
9.8%
10Y IRR
10.1%
Property Type-Detached
MLS® Number-X13836562
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-42.65 × 125.46 ft
Listed on site-Sep 28, 2026
Style-Backsplit 4
Building Type-Detached
Age-16-30
Taxes-$6,156.09 (2026)
Parking-4 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Stone, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-December
Neighbourhood-213 - Ascot
Title-Residential Freehold

No agent assigned

Welcome to this exceptional four level backsplit in the sought after Ascot neighbourhood. Offering 1,490 sq. ft. of above grade living space plus two additional finished lower levels, this home provides an impressive amount of space and is much larger than it appears from the curb. The stunning kitchen is the showpiece of the home, featuring an abundance of cabinetry and storage, quartz countertops, stainless steel appliances, under-cabinet lighting, convenient pull-out drawers and an additional wall unit with double pantry. Open concept living room, dining room and kitchen. The spacious primary bedroom features ensuite privilege to the impressive 5pc main bathroom, complete with double sinks, a soaker tub and a glass-enclosed shower. Two additional bedrooms are located on the upper level, with the second bedroom offering double closets. Wood and ceramic flooring run throughout the main and upper levels. The lower level is ideal for relaxing or entertaining, showcasing a generously sized family room with high ceilings, crown moulding and a gas fireplace, as well as a 4th bedroom and a full 4pc bath. Step down to the finished basement to find a rec room illuminated by abundant pot lights, a fruit cellar and a functional laundry/utility area. Outdoors, the beautifully landscaped yard features cedar trees, a concrete patio with gazebo, an interlock patio and a garden shed. A stone façade, inviting front porch, and tankless water heater add to the total package. Enjoy a fantastic location just a short walk to Preakness Park, with quick QEW access and close proximity to everyday amenities.

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

Closing Costs

Mortgage Amount
$603,920
Land Transfer Taxes$11,573
Legal Fees (Est.)
$
Total cash required for closing$164,053

Total Monthly Obligation

$3,933/mo
Mortgage $3,045
Monthly Loss $3,132
Principal$801
Interest$2,244
Property Tax$513
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.7%0
5-Year IRR
6.4%16
10-Year IRR
7.9%
Returns Index
9.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$31,272/yr
NOI
$17,489/yr
Net Cash Flow
-$1,588/mo
Cash Margin
-60.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo39
Risk Index
20.7/ 100

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

Comparables

Properties near 8057 Citation Road

Time

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