6395 Glengate Street, Niagara Falls

$650,000
6395 Glengate Street

$650,000

New
16d
DetachedBacksplit 4

6395 Glengate Street, Niagara Falls

Total Monthly Obligation $3,345

Beds
4
Baths
2
Park
2
Sqft
700-1100
DOM
16d
Score
19
Yield
4.9%
Cash on Cash
-3.1%
Cap Rate
3.9%
5Y IRR
13.1%
10Y IRR
12.7%
Property Type-Detached
MLS® Number-X13872808
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-65 × 120 ft
Listed on site-Oct 7, 2026
Style-Backsplit 4
Building Type-Detached
Age-51-99
Taxes-$4,172.76 (2026)
Parking-3 - Attached
Basement-Partially Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-flexible
Neighbourhood-212 - Morrison
Title-Residential Freehold

No agent assigned

Welcome to 6395 Glengate St., a beautifully maintained 4-level backsplit on a gorgeous 65' x120' corner lot. Steps to Lind Sommerville Neighbourhood Park with its family-friendly play structures, basketball and tennis courts. Oversized double-car concrete driveway and attached single car garage. Welcoming covered front veranda. Formal combined living and dining rooms with updated flooring and generous bay window overlooking the quiet streetscape. Eat-in kitchen with new fridge and built-in microwave, as well as plenty of counter space. The upper level has a hidden gem- original hardwood flooring that is waiting to be uncovered and appreciated in three bedrooms and hallway! Updated family bath with large vanity, soaker tub with jets and shower combo. A few steps down into the third level offers many possibilities. Family room with corner electric fireplace (included), has water for a wet bar area or kitchenette. Separate entrance to this level is covered to protect it from the elements. Fourth bedroom does not have a closet but could easily accommodate a wardrobe and has a convenient 3-piece bath right across the hall. Fourth level is unfinished and offers the laundry space, cold cellar and ample storage. Furnace is a Goodman furnace from 2013 and the hot water tank is owned. This space could easily be finished as a games room or office and is light and bright. Outside this corner lot has plenty of space to run and play, plant a vegetable garden or sit and dine al fresco in the private patio area. Close to amenities and great schools! Perfect family home or multi-generational home with its various levels. Quick closing is available as well.

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

Closing Costs

Mortgage Amount
$520,000
Land Transfer Taxes$9,475
Legal Fees (Est.)
$
Total cash required for closing$140,975

Total Monthly Obligation

$3,345/mo
Mortgage $2,622
Monthly Loss $2,655
Principal$690
Interest$1,932
Property Tax$348
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.0%1
5-Year IRR
9.3%31
10-Year IRR
10.1%
Returns Index
16.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$32,100/yr
NOI
$20,217/yr
Net Cash Flow
-$937/mo
Cash Margin
-35.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
24.6/ 100

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

Comparables

Properties near 6395 Glengate Street

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