9985 Niagara River Parkway, Niagara Falls

$1,199,000
9985 Niagara River Parkway

$1,199,000

New
15d
DetachedBungalow

9985 Niagara River Parkway, Niagara Falls

Total Monthly Obligation $5,794

Beds
3
Baths
2
Park
4
Sqft
2000-2500
DOM
15d
Score
15
Yield
3.3%
Cash on Cash
-9.8%
Cap Rate
2.5%
5Y IRR
7.9%
10Y IRR
8.6%
Property Type-Detached
MLS® Number-X13881802
Beds-3
Bathrooms-2
Size-2000-2500 sqft
Lot Size-100 × 220 ft
Listed on site-Oct 8, 2026
Style-Bungalow
Building Type-Detached
Taxes-$6,985 (2025)
Parking-6 - Attached
Basement-Full, Partially Finished
Heating-Baseboard (Gas)
Brokerage-RE/MAX NIAGARA REALTY LTD, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-West
Exterior-Brick Veneer
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Septic
Possession-Flexible
Neighbourhood-224 - Lyons Creek
Title-Residential Freehold

No agent assigned

Niagara River Parkway - More Than an Address, It's a Lifestyle. Beautifully situated along the Niagara River Parkway, this bungalow offers captivating views of the Niagara River, an exceptional private setting and a wonderful opportunity to enjoy one of Niagara's most desirable locations. With the river just across the Parkway and the potential for private boat docking, this property offers a lifestyle that is truly special. Lovingly maintained by its original owners, the home features a spacious and inviting floor plan with a bright living room highlighted by a striking stone fireplace and large windows overlooking the river and gardens. A formal dining room and comfortable eat-in kitchen, complete with picturesque river views from the window above the sink, provide wonderful spaces for everyday living. Three bedrooms, a generous main bathroom, convenient mudroom and laundry area with an additional 3-piece bath complete the main level, along with an attached double garage. A particularly charming feature is the three-season enclosed back porch, offering a peaceful and private retreat overlooking the beautifully manicured backyard. Surrounded by mature trees, carefully tended gardens and expansive lawns, this is the perfect place to enjoy morning coffee, entertain friends or simply relax and appreciate the natural beauty of the surroundings. The exceptional backyard offers remarkable space and privacy, with established perennial gardens, a covered brick patio, generous lawn areas and a wooded backdrop with no rear neighbours. At the front, attractive landscaping and a stone patio provide yet another opportunity to enjoy the beautiful Niagara River views. The lower level features an expansive recreation room with a brick fireplace and retro bar, along with generous workshop, utility and storage areas. Additional features include reverse osmosis and UV water purification systems.

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

Closing Costs

Mortgage Amount
$959,200
Land Transfer Taxes$20,455
Legal Fees (Est.)
$
Total cash required for closing$261,755

Total Monthly Obligation

$5,794/mo
Mortgage $4,836
Monthly Loss $4,521
Principal$1,273
Interest$3,564
Property Tax$582
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.2%0
5-Year IRR
5.2%12
10-Year IRR
6.9%
Returns Index
7.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$39,336/yr
NOI
$23,917/yr
Net Cash Flow
-$2,843/mo
Cash Margin
-86.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.413
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
15.8/ 100

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

Comparables

Properties near 9985 Niagara River Parkway

Time

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