7044 Leeming Street, Niagara Falls

$420,000
7044 Leeming Street

$420,000

New
9d
Detached2-Storey

7044 Leeming Street, Niagara Falls

Total Monthly Obligation $2,420

HausQ Valuation Report
Beds
4
Baths
2
Park
4
Sqft
1100-1500
DOM
9d
Score
27
Yield
7.3%
Cash on Cash
5.5%
Cap Rate
5.8%
5Y IRR
19.9%
10Y IRR
18.2%
Property Type-Detached
MLS® Number-X14085406
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-48.5 × 234.9 ft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Detached
Taxes-$4,214.82 (2026)
Parking-4 - None
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-REVEL Realty Inc., Brokerage
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Wood
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-immediate
Neighbourhood-215 - Hospital
Title-Residential Freehold

No agent assigned

Situated on a mature, tree-lined street, this 2-storey home sits on an impressive 48 x 234 ft lot, offering plenty of space and endless possibilities. Conveniently located close to Niagara Falls Hospital, the QEW, the U.S. border, and a variety of shopping amenities. The main floor features a spacious living room with fireplace, a separate dining room, a main-floor bedroom, and a convenient 2-piece powder room. Upstairs, you'll find three spacious bedrooms and a full 3 piece bathroom. The basement is partially finished, providing additional space for storage, hobbies, or future use. Additional features include an on-demand hot water system. An excellent opportunity for buyers looking to renovate, personalize, or explore the potential of this property and its oversized lot. Property is being sold in as-is condition, with no representations or warranties of any kind. Buyer to satisfy themselves with all facets of the property. Offers shall be reviewed on October 22nd at 6pm. Please submit any offers by 3pm on October 22nd, 2026. 72 BUSINESS hours irrevocable from presentation date/time for all offers as required by receiver no exceptions.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$336,000
Land Transfer Taxes$4,875
Legal Fees (Est.)
$
Total cash required for closing$90,375

Total Monthly Obligation

$2,420/mo
Mortgage $1,694
Monthly Loss $1,975
Principal$446
Interest$1,248
Property Tax$351
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.5%32
Cash-on-Cash
-1.5%5
5-Year IRR
14.6%69
10-Year IRR
14.4%
Returns Index
36.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
27/ 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
$30,816/yr
NOI
$19,020/yr
Net Cash Flow
-$109/mo
Cash Margin
-4.3%2
Cash Flow Index
2.1/ 100
Risk Profile
Weight: 20%
DSCR
0.9422
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo68
Risk Index
36.0/ 100

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

Comparables

Properties near 7044 Leeming Street

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.

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Data last updated within the past 24 hours.