7030 Whitman Avenue, Niagara Falls

$549,900
7030 Whitman Avenue

$549,900

New
16d
DetachedBungalow

7030 Whitman Avenue, Niagara Falls

Total Monthly Obligation $2,902

Beds
3
Baths
2
Park
4
Sqft
700-1100
DOM
16d
Score
20
Yield
5.3%
Cash on Cash
-1.6%
Cap Rate
4.2%
5Y IRR
14.3%
10Y IRR
13.6%
Property Type-Detached
MLS® Number-X13878914
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-51.5 × 125 ft
Listed on site-Oct 7, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,707.64 (2026)
Parking-5 - Attached
Basement-Partially Finished, Full
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Central Air
Laundry-No
Fireplace-Fireplace Insert, Natural Gas
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-217 - Arad/Fallsview
Title-Residential Freehold

No agent assigned

Enjoy your morning coffee on the front porch of this solid 3 bedroom bungalow with great curb appeal situated in a nice residential neighbourhood. Features 2 full bathrooms, spacious living room, kitchen with dinette, recroom with gas fireplace, wet bar and attached garage. Updates over the years include furnace, central air, shingles, siding, windows & decent sized driveway. The backyard features a covered concrete patio, shed with power and fenced yard. Just a short drive to shopping, schools & QEW.

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

Closing Costs

Mortgage Amount
$439,920
Land Transfer Taxes$7,473
Legal Fees (Est.)
$
Total cash required for closing$118,953

Total Monthly Obligation

$2,902/mo
Mortgage $2,218
Monthly Loss $2,318
Principal$584
Interest$1,634
Property Tax$309
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.1%1
5-Year IRR
10.1%36
10-Year IRR
10.7%
Returns Index
19.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$29,400/yr
NOI
$18,252/yr
Net Cash Flow
-$697/mo
Cash Margin
-28.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.699
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
27.9/ 100

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

Comparables

Properties near 7030 Whitman Avenue

Time

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