3871 Orlando Drive, Niagara Falls

$579,000
3871 Orlando Drive

$579,000

New
22d
DetachedSidesplit 5

3871 Orlando Drive, Niagara Falls

Total Monthly Obligation $3,085

Beds
3
Baths
2
Park
4
Sqft
1500-2000
DOM
22d
Score
20
Yield
5.3%
Cash on Cash
-2.4%
Cap Rate
4.1%
5Y IRR
13.7%
10Y IRR
13.1%
Property Type-Detached
MLS® Number-X13852244
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-53.26 × 128.35 ft
Listed on site-Oct 1, 2026
Style-Sidesplit 5
Building Type-Detached
Age-31-50
Taxes-$4,494.64 (2026)
Parking-6 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-West
Exterior-Brick, Other
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-205 - Church's Lane
Title-Residential Freehold

No agent assigned

This is one you won't want to miss - it is a well priced large home in a great neighbourhood! It is located on a quiet northend street, close to a park and has a huge pie-shaped lot that is fenced and has a deck. Over 1500 square feet here and offering an open concept kitchen that overlooks the main level family room. Here we have a fireplace and patio doors on to the backyard deck. The kitchen has updated cabinets and built-in dishwasher. A formal dining room and large living room add up to 4 large rooms on the main level that all have hardwood flooring. A convenient 2 piece bath completes this level. Upstairs are 3 bedrooms, all with hardwood floors and a 4 piece bath. The lower level offers a 27 foot recreation room with quality plank vinyl flooring that is both stain and water resistance. No carpeting in this home! All replacement doors and windows, new central air this summer, high efficiency furnace in 2016 and quality roof shingles will make this a worry-free purchase. The full size double garage had newer insulated garage doors with remotes so there is room for cars, storage and workshop. A large shed for extra storage and a large deck off the mainfloor family room complete the picture. A Stamford Centre location provides many convenient amenities and schools. Don't wait too long on this one because it will give you a great bang for your buck.

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

Mortgage Amount
$463,200
Land Transfer Taxes$8,055
Legal Fees (Est.)
$
Total cash required for closing$125,355

Total Monthly Obligation

$3,085/mo
Mortgage $2,336
Monthly Loss $2,470
Principal$615
Interest$1,721
Property Tax$375
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.7%1
5-Year IRR
9.6%33
10-Year IRR
10.3%
Returns Index
17.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$30,468/yr
NOI
$18,427/yr
Net Cash Flow
-$800/mo
Cash Margin
-31.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
26.4/ 100

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

Comparables

Properties near 3871 Orlando Drive

Time

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