655 Charlotte Street, Niagara-on-the-Lake

$1,499,999
655 Charlotte Street

$1,499,999

New
15d
Detached2-Storey

655 Charlotte Street, Niagara-on-the-Lake

Total Monthly Obligation $7,213

Beds
3
Baths
3
Park
6
Sqft
2000-2500
DOM
15d
Score
14
Yield
3.1%
Cash on Cash
-10.6%
Cap Rate
2.3%
5Y IRR
7.3%
10Y IRR
8.2%
Property Type-Detached
MLS® Number-X13876812
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-60 × 120.08 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$9,455 (2026)
Parking-8 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX NIAGARA REALTY LTD, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-Family Room
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-FLEXIBLE
Neighbourhood-101 - Town
Title-Residential Freehold

No agent assigned

Classic Niagara-on-the-Lake charm, beautiful gardens, and pride of ownership welcome you to 655 Charlotte Street. Located in sought-after Old Town, this lovingly maintained 3-bedroom, 2.5-bathroom home offers timeless character and everyday comfort. Framed by mature trees and beautifully landscaped gardens, its handsome brick exterior, charming dormers, and covered entrance create an inviting first impression.The main-floor primary bedroom adds convenience and flexibility, while two additional bedrooms provide space for family, guests, or a home office. A large unfinished basement offers a blank canvas to suit your needs, whether you envision a recreation room, home gym, hobby space, or additional living area. An attached double garage adds everyday practicality.Outside, enjoy the thoughtfully tended gardens and a deck updated approximately three years ago-an ideal setting for morning coffee, outdoor dining, and relaxed evenings with friends and family. Close to the Heritage Trail, Old Town shops and restaurants, and the Shaw Festival Theatre, this home puts the best of Niagara-on-the-Lake within easy reach. A charming, well-cared-for home ready for its next chapter.

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

Closing Costs

Mortgage Amount
$1,199,999
Land Transfer Taxes$26,475
Legal Fees (Est.)
$
Total cash required for closing$327,975

Total Monthly Obligation

$7,213/mo
Mortgage $6,051
Monthly Loss $5,621
Principal$1,592
Interest$4,458
Property Tax$788
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.7%0
5-Year IRR
4.8%10
10-Year IRR
6.6%
Returns Index
6.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$47,076/yr
NOI
$28,413/yr
Net Cash Flow
-$3,683/mo
Cash Margin
-93.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.393
LTV Ratio
80.0%18
Vacancy Buffer
1.3 mo21
Risk Index
14.1/ 100

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

Comparables

Properties near 655 Charlotte Street

Time

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