23 Albion Way, Niagara-on-the-Lake

$1,890,000
23 Albion Way

$1,890,000

New
25d
Att/Row/TownhouseBungalow

23 Albion Way, Niagara-on-the-Lake

Total Monthly Obligation $8,641

Beds
3
Baths
3
Park
2
Sqft
1500-2000
DOM
25d
Score
13
Yield
1.9%
Cash on Cash
-14.8%
Cap Rate
1.4%
5Y IRR
4.0%
10Y IRR
5.7%
Property Type-Att/Row/Townhouse
MLS® Number-X13836948
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-42.98 × 83.3 ft
Listed on site-Sep 28, 2026
Style-Bungalow
Building Type-Att/Row/Townhouse
Taxes-$7,709.52 (2026)
Parking-4 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Stucco (Plaster), Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-101 - Town
Title-Residential Freehold

No agent assigned

Royal Albion Place is situated right in the heart of Niagara on the Lake. Right off the pages of architectural digest, every detail has been carefully thought out with over 2,600 sq ft of finished living space. This exquisite townhouse, crafted by renowned builder Gatta Homes, boasts unparalleled architectural integrity, elegance and comfort. Superior craftsmanship is evident throughout. Albion Way is an exclusive private enclave. Step into sophistication with a grand main floor showcasing soaring ceilings, an open concept layout that seamlessly flows from the gourmet kitchen complete with generous proportioned island, premium appliances, custom luxury cabinetry, into the expansive living room. A stunning natural looking gas fireplace serves as a striking focal point while the lavish primary suite offers a private sanctuary. A second bedroom and 3 pc bathroom are included on this level. Walk out to your outdoor private retreat including 2 patio areas, complete with shades, professionally landscaped, irrigation, lighting and complete privacy surrounded by lush mature greenery. The lower level is complete with a 2nd living room, 3rd bedroom, office space, wine room, 3 pc bathroom and plenty of storage, matching the quality of the upper level. Coming back to entering the home, the double garage is complemented by a cobblestone driveway totalling up to 4 cars. Walk to everything Niagara on the Lake has to offer, Downtown Queen St., restaurants, coffee shops, boutique hotels/spas, world class theatre and wineries. This showpiece is a rare opportunity for the discerning buyer.

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%
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$1,512,000
Land Transfer Taxes$34,275
Legal Fees (Est.)
$
Total cash required for closing$413,775

Total Monthly Obligation

$8,641/mo
Mortgage $7,624
Monthly Loss $6,635
Principal$2,006
Interest$5,618
Property Tax$642
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.1%8
Cash-on-Cash
-17.4%0
5-Year IRR
2.0%5
10-Year IRR
4.4%
Returns Index
3.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
13/ 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
$36,600/yr
NOI
$20,730/yr
Net Cash Flow
-$5,896/mo
Cash Margin
-193.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.232
LTV Ratio
80.0%18
Vacancy Buffer
1.1 mo18
Risk Index
12.8/ 100

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

Comparables

Properties near 23 Albion Way

Time

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