3232 Montrose Road 8, Niagara Falls

$779,900
3232 Montrose Road 8

$779,900

New
14d
Condo TownhouseBungalow

3232 Montrose Road 8, Niagara Falls

Total Monthly Obligation $4,131

Bed+Den
3+1
Baths
3
Park
2
Sqft
1400-1599
DOM
14d
Score
16
Yield
4.1%
Cash on Cash
-8.9%
Cap Rate
2.7%
5Y IRR
8.6%
10Y IRR
9.1%
Property Type-Condo Townhouse
MLS® Number-X13883846
Bed+Den-3+1
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Oct 9, 2026
Style-Bungalow
Building Type-Condo Townhouse
Age-16-30
Taxes-$6,419 (2026)
Maintenance-$250/mo
Locker-None
Parking-4 - Attached
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-Natural Gas, Rec Room, Living Room
Pool-None
Exterior-Brick Front, Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-30-60 days
Neighbourhood-208 - Mt. Carmel
Title-Residential Condo & Other

No agent assigned

Welcome to the Townes at Mount Carmel, and this absolutely immaculate former model home! Majestically appointed with beautiful curb appeal, this Radcliff model bungalow features brick and stucco, double garage with professionally coated floor, exposed aggregate drive, and wraparound covered porch, perfect for starting or ending your day! The classic door and foyer set the tone for this home that features an open concept main floor with 10ft ceilings throughout, chef's dream kitchen with island, granite, built in dishwasher and microwave, gas stove, rich hardwood floors, awesome dining and living area with expansive windows, gas fireplace, door to sizeable deck, large primary bedroom with walk-thru closet and spa-like ensuite bath, 2nd bedroom or office, 2nd full bath, and main floor laundry! Head down to the huge recroom with gas fireplace, 3rd bedroom and bath, and 2 more huge rooms! Incredible upgrades include surround sound wired in with speakers, and so much more! This sought after location is close to many amenities! You've worked hard, you deserve to be spoiled!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$623,920
Land Transfer Taxes$12,073
Legal Fees (Est.)
$
Total cash required for closing$169,553

Total Monthly Obligation

$4,131/mo
Mortgage $3,146
Monthly Loss $3,303
Principal$828
Interest$2,318
Property Tax$535
Condo Fees$250
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.1%13
Cash-on-Cash
-12.5%0
5-Year IRR
5.8%14
10-Year IRR
7.4%
Returns Index
8.1/ 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
$31,740/yr
NOI
$16,747/yr
Net Cash Flow
-$1,750/mo
Cash Margin
-66.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.444
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo37
Risk Index
19.8/ 100

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

Comparables

Properties near 3232 Montrose Road 8

Time

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