3525 Cardinal Drive, Niagara Falls

$2,598,000
3525 Cardinal Drive

$2,598,000

New
15d
DetachedBungalow

3525 Cardinal Drive, Niagara Falls

Total Monthly Obligation $12,279

HausQ Valuation Report
Beds
4
Baths
5
Park
5
Sqft
3500-5000
DOM
15d
Score
13
Yield
1.6%
Cash on Cash
-17.4%
Cap Rate
0.9%
5Y IRR
2.2%
10Y IRR
4.4%
Property Type-Detached
MLS® Number-X13878846
Beds-4
Bathrooms-5
Size-3500-5000 sqft
Lot Size-78.74 × 162.37 ft
Listed on site-Oct 8, 2026
Style-Bungalow
Building Type-Detached
Age-6-15
Taxes-$17,086.64 (2026)
Parking-7 - Attached
Basement-Full, Walk-Out, Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX NIAGARA REALTY LTD, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-Inground
Facing-North
Exterior-Stone, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-208 - Mt. Carmel
Title-Residential Freehold

No agent assigned

Welcome to a unique four-bedroom, four-bathroom, bungalow in one of Niagara's prestigious areas Mount Carmel. Custom designed and masterfully constructed in 2011 this bungalow offers 7,400 sq. ft. of living space. Inside the main level spans 3,553 sq. ft. of elegance defined by 9-foot ceilings throughout and 14-foot vaulted family room ceiling. The chef inspired kitchen and open concept is crafted with uncompromising detail and functionality. The primary bedroom retreat offers a spa inspired ensuite with walk-in closet. The lower-level spans 3,890 sq. ft. of potential living space with walkout to your private backyard resort. A ravine lot, heated saltwater pool, hot tub and multilevel living and entertaining space. This four-bedroom bungalow delivers an uncompromised lifestyle in the heart of Niagara Falls, a rare offering for the discerning buyer. Call your Realtor to book your showing today!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$2,078,400
Land Transfer Taxes$51,425
Legal Fees (Est.)
$
Total cash required for closing$572,525

Total Monthly Obligation

$12,279/mo
Mortgage $10,480
Monthly Loss $9,521
Principal$2,758
Interest$7,722
Property Tax$1,424
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
0.6%6
Cash-on-Cash
-19.6%0
5-Year IRR
0.3%3
10-Year IRR
3.3%
Returns Index
2.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
13/ 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
$42,000/yr
NOI
$16,213/yr
Net Cash Flow
-$9,129/mo
Cash Margin
-260.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.131
LTV Ratio
80.0%18
Vacancy Buffer
0.8 mo15
Risk Index
11.4/ 100

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

Comparables

Properties near 3525 Cardinal Drive

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.