5100 Dorchester Road 704, Niagara Falls

$399,000
5100 Dorchester Road 704

$399,000

New
16d
Condo Apartment1 Storey/Apt

5100 Dorchester Road 704, Niagara Falls

Total Monthly Obligation $3,114

Beds
1
Baths
2
Park
1
Sqft
1000-1199
DOM
16d
Score
16
Yield
6.8%
Cash on Cash
-9.5%
Cap Rate
2.5%
5Y IRR
8.2%
10Y IRR
8.8%
Property Type-Condo Apartment
MLS® Number-X13874280
Beds-1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 7, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-31-50
Taxes-$3,540 (2026)
Maintenance-$1,009.69/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Gas)
Brokerage-RE/MAX NIAGARA REALTY LTD, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Metal/Steel Siding
Roof-Flat
Possession-Flexibil
Neighbourhood-212 - Morrison
Title-Residential Condo & Other

No agent assigned

Welcome to Unit 704 at 5100 Dorchester Road! Enjoy beautiful city views from this updated 7th-floor condo offering comfortable living and exceptional value. This spacious 1-bedroom plus den layout offers excellent flexibility, with the den easily used as home office, or extra storage room. The suite features vinyl plank flooring throughout, a freshly painted interior, updated kitchen and bathrooms with granite countertops, and porcelain tile finishes. The primary bedroom features a private ensuite bathroom with a relaxing soaker tub, while the convenient ensuite laundry adds to the ease of everyday living. Enjoy resort-style amenities including an outdoor pool, fitness room, party room and outdoor patio area, plus one indoor parking space. Condo fee, which includes heat, hydro, water, gas, cable TV and common elements, making monthly expenses easier to manage.Ideally located close to shopping, restaurants, entertainment and all major amenities, with easy access to the QEW and 406. A fantastic opportunity for first-time buyers, down sizers, investors or anyone looking for low-maintenance living with plenty of amenities and beautiful city views.A fantastic opportunity you won't want to miss! Come see all that this beautiful unit has to offer.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$319,200
Land Transfer Taxes$4,460
Legal Fees (Est.)
$
Total cash required for closing$85,760

Total Monthly Obligation

$3,114/mo
Mortgage $1,609
Monthly Loss $2,691
Principal$424
Interest$1,186
Property Tax$295
Condo Fees$1,010
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.6%10
Cash-on-Cash
-15.0%0
5-Year IRR
4.5%9
10-Year IRR
6.8%
Returns Index
5.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$27,240/yr
NOI
$6,460/yr
Net Cash Flow
-$1,071/mo
Cash Margin
-47.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.333
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
24.2/ 100

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

Comparables

Properties near 5100 Dorchester Road 704

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.