7470 Monastery Drive 4, Niagara Falls

$439,900
7470 Monastery Drive 4

$439,900

New
9d
Condo Townhouse2-Storey

7470 Monastery Drive 4, Niagara Falls

Total Monthly Obligation $2,689

HausQ Valuation Report
Beds
3
Baths
2
Park
1
Sqft
1000-1199
DOM
9d
Score
20
Yield
6.0%
Cash on Cash
-3.7%
Cap Rate
3.8%
5Y IRR
12.6%
10Y IRR
12.3%
Property Type-Condo Townhouse
MLS® Number-X14032234
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-31-50
Taxes-$3,060.57 (2026)
Maintenance-$460/mo
Locker-None
Parking-1 - None
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 GREEN REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick Front
Possession-Flexible
Neighbourhood-208 - Mt. Carmel
Title-Residential Condo & Other

No agent assigned

Welcome to this well-maintained 3-bedroom, 1.5-bath condo townhouse located in the highly sought-after Mount Carmel neighborhood-one of Niagara's most prestigious and family-friendly communities. This bright and inviting home offers a functional layout, a cozy living space, and a finished basement perfect for a recreation room, home office, or additional storage. Enjoy unbeatable convenience with Niagara Falls just 5-10 minutes away, Niagara College only 10minutes away, and quick access to major highways. Everyday essentials are right at your door step-grocery stores, shopping, restaurants, parks, and schools are all nearby, making this an ideal location for families, students, professionals, or investors.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$351,920
Land Transfer Taxes$5,273
Legal Fees (Est.)
$
Total cash required for closing$94,753

Total Monthly Obligation

$2,689/mo
Mortgage $1,774
Monthly Loss $2,223
Principal$467
Interest$1,307
Property Tax$255
Condo Fees$460
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.9%28
10-Year IRR
9.9%
Returns Index
15.2/ 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
$26,604/yr
NOI
$12,963/yr
Net Cash Flow
-$694/mo
Cash Margin
-31.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo61
Risk Index
28.9/ 100

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

Comparables

Properties near 7470 Monastery Drive 4

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.

Data is provided courtesy of PropTx.

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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.