5429 Second Avenue, Niagara Falls

$549,000
5429 Second Avenue

$549,000

New
16d
Detached2-Storey

5429 Second Avenue, Niagara Falls

Total Monthly Obligation $2,766

Beds
3
Baths
1
Park
1
Sqft
1100-1500
DOM
16d
Score
18
Yield
4.3%
Cash on Cash
-5.2%
Cap Rate
3.5%
5Y IRR
11.5%
10Y IRR
11.4%
Property Type-Detached
MLS® Number-X13871470
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-25 × 50 ft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Detached
Age-100+
Taxes-$2,116.15 (2026)
Parking-1 - None
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-Flexible
Neighbourhood-214 - Clifton Hill
Title-Residential Freehold

No agent assigned

Turnkey property in the heart of Niagara Falls! This fully detached, 3-bedroom, 1-bathroom home in an exceptional Niagara Falls location, just a short walk to Clifton Hill and Niagara Falls! Situated on a quiet street with no through traffic in one of the region's most popular tourist destinations, this fully furnished, move-in-ready property offers an excellent turnkey investment opportunity. The spacious layout is filled with natural light and provides comfortable living areas, while the low-maintenance property makes ownership easy. With its prime location, fully furnished setup and close proximity to major attractions, restaurants and entertainment, this property offers excellent flexibility for investors looking to add to their portfolio or for anyone looking to enjoy a vibrant lifestyle close to all the action.

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

Closing Costs

Mortgage Amount
$439,200
Land Transfer Taxes$7,455
Legal Fees (Est.)
$
Total cash required for closing$118,755

Total Monthly Obligation

$2,766/mo
Mortgage $2,215
Monthly Loss $2,183
Principal$583
Interest$1,632
Property Tax$176
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.3%1
5-Year IRR
7.5%21
10-Year IRR
8.7%
Returns Index
11.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$23,400/yr
NOI
$14,444/yr
Net Cash Flow
-$1,011/mo
Cash Margin
-51.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
27.9/ 100

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

Comparables

Properties near 5429 Second Avenue

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.