4479 Mitchell Avenue, Niagara Falls

$649,900
4479 Mitchell Avenue

$649,900

New
9d
DetachedBacksplit 4

4479 Mitchell Avenue, Niagara Falls

Total Monthly Obligation $3,347

Beds
3
Baths
2
Park
4
Sqft
1100-1500
DOM
9d
Score
17
Yield
4.2%
Cash on Cash
-6.4%
Cap Rate
3.2%
5Y IRR
10.5%
10Y IRR
10.6%
Property Type-Detached
MLS® Number-X14080698
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-62.97 × 110 ft
Listed on site-Oct 14, 2026
Style-Backsplit 4
Building Type-Detached
Taxes-$4,201 (2025)
Parking-5 - Attached
Basement-Separate Entrance, Walk-Up
Heating-Forced Air (Gas)
Brokerage-STICKS & BRICKS REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Natural Gas
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-immediate
Neighbourhood-212 - Morrison
Title-Residential Freehold

No agent assigned

Beautiful North End Niagara Falls Solid Brick Backsplit with attached single car garage! Main Floor remodelled and opened up for a spacious and inviting entertaining space with new large kitchen island, Quartz countertops, and all new kitchen cabinets. Modern and Bright with pot lights throughout main floor and large windows. The upper level features 3 bedrooms, lots of storage in the hallway, and a 4 pc bath. Lower level includes a large rec room with gas fireplace, 3pc bath and space to add a 4th bedroom/gym/office. Separate walk out to rear yard for easy convenience AND IN LAW POTENTIAL! Laundry and more storage space in the fourth level! Updates include: full main floor renovation, new kitchen and island, counters, flooring, updated electrical, new doors and trim all in 2022. Spacious, fully fenced yard with patio and shed. This home has it all and is a must see, move in ready and close to all amenities in Niagara.

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

Closing Costs

Mortgage Amount
$519,920
Land Transfer Taxes$9,473
Legal Fees (Est.)
$
Total cash required for closing$140,953

Total Monthly Obligation

$3,347/mo
Mortgage $2,622
Monthly Loss $2,657
Principal$690
Interest$1,932
Property Tax$350
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%14
Cash-on-Cash
-11.1%1
5-Year IRR
6.9%18
10-Year IRR
8.2%
Returns Index
10.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$27,360/yr
NOI
$15,923/yr
Net Cash Flow
-$1,295/mo
Cash Margin
-56.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
23.6/ 100

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

Comparables

Properties near 4479 Mitchell Avenue

Time

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