6520 Barker Street, Niagara Falls

$449,900
6520 Barker Street

$449,900

New
22d
Detached2-Storey

6520 Barker Street, Niagara Falls

Total Monthly Obligation $2,481

Beds
5
Baths
2
Park
4
Sqft
1500-2000
DOM
22d
Score
25
Yield
6.8%
Cash on Cash
4.0%
Cap Rate
5.4%
5Y IRR
18.8%
10Y IRR
17.2%
Property Type-Detached
MLS® Number-X13855478
Beds-5
Bathrooms-2
Size-1500-2000 sqft
Lot Size-53.4 × 153.5 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Detached
Age-51-99
Taxes-$3,492 (2026)
Parking-4 - None
Basement-Development Potential, Full, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX NIAGARA REALTY LTD, BROKERAGE
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Immediate
Neighbourhood-216 - Dorchester
Title-Residential Freehold

No agent assigned

A smart opportunity in a sought-after Niagara Falls neighbourhood! This detached legal duplex offers two spacious, self-contained 2-bedroom units, separate entrances, designated parking and two separate hydro meters. Best of all, both units are vacant, giving the new owner the flexibility to set their own rents, choose their tenants, or move into one unit and rent the other.The main-floor unit offers a spacious and comfortable layout with 3 bedrooms, a large kitchen and a full 4-piece bathroom. Its private entrance and designated parking create a true sense of independence for the unit.Upstairs, the second unit is another nicely laid-out 2-bedroom apartment complete with its own 4-piece bathroom, separate entrance and designated parking. With two similarly sized units, this property lends itself beautifully to a traditional duplex investment or an owner-occupied setup.The basement is accessed separately from the rear of the home, making it ideal for common laundry facilities, additional storage or workshop space without requiring access through either apartment. Outside, the property sits on a large lot with plenty of parking, including designated spaces for each unit.Located in a sought-after residential neighbourhood in central Niagara Falls, this property is within walking distance of everyday amenities including groceries, shopping, schools and public transportation. Whether you're looking to expand your investment portfolio or offset your mortgage by living in one unit while renting the other, this is a versatile property with plenty of possibilities. Both units should get approximately $1800 plus hydro. Listing agents are able to help provide tenants prior to closing.

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

Closing Costs

Mortgage Amount
$359,920
Land Transfer Taxes$5,473
Legal Fees (Est.)
$
Total cash required for closing$96,953

Total Monthly Obligation

$2,481/mo
Mortgage $1,815
Monthly Loss $2,003
Principal$478
Interest$1,337
Property Tax$291
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.3%30
Cash-on-Cash
-2.5%4
5-Year IRR
13.8%63
10-Year IRR
13.6%
Returns Index
32.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$30,396/yr
NOI
$19,364/yr
Net Cash Flow
-$201/mo
Cash Margin
-7.9%1
Cash Flow Index
1.0/ 100
Risk Profile
Weight: 20%
DSCR
0.8919
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo66
Risk Index
34.5/ 100

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

Comparables

Properties near 6520 Barker Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.