5963 Kister Road, Niagara Falls

$329,900
5963 Kister Road

$329,900

New
10d
DetachedBungalow

5963 Kister Road, Niagara Falls

Total Monthly Obligation $1,917

Beds
2
Baths
1
Park
1
Sqft
700-1100
DOM
10d
Score
26
Yield
7.1%
Cash on Cash
5.0%
Cap Rate
5.7%
5Y IRR
19.5%
10Y IRR
17.9%
Property Type-Detached
MLS® Number-X14089902
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-50.12 × 172.52 ft
Listed on site-Oct 13, 2026
Style-Bungalow
Building Type-Detached
Taxes-$2,537 (2025)
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX NIAGARA REALTY LTD, BROKERAGE
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Aluminum Siding, Vinyl Siding
Roof-Shingles
Foundation-Post & Pad
Sewer-Sewer
Possession-Vacant
Neighbourhood-221 - Marineland
Title-Residential Freehold

No agent assigned

Built in 1952, this detached bungalow in Niagara Falls' Marineland area offers approx. 820 sq ft of above grade living space, all on one level, on a deep 6,253 sq ft lot fronting 50 ft and running back toward Ramsey Rd. The main floor offers 2 bedrooms, a 4-piece bathroom, a generous living room, a separate dining room and a functional kitchen, plus a utility room with laundry. The layout keeps the bedrooms together at one end and the living spaces at the other, and forced air heating runs throughout. The home needs work and is being sold as is, where is: a straightforward project for a buyer ready to renovate and make it their own. Outside, there is front yard parking for one vehicle, aluminum and vinyl siding, and a shingle roof, and no basement or garage to maintain. This property is being sold by the mortgagee under power of sale. Some photos have been virtually staged.

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$
(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$263,920
Land Transfer Taxes$3,424
Legal Fees (Est.)
$
Total cash required for closing$70,904

Total Monthly Obligation

$1,917/mo
Mortgage $1,331
Monthly Loss $1,567
Principal$350
Interest$981
Property Tax$211
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-2.8%4
5-Year IRR
13.6%62
10-Year IRR
13.5%
Returns Index
32.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
26/ 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
$23,388/yr
NOI
$14,012/yr
Net Cash Flow
-$163/mo
Cash Margin
-8.4%1
Cash Flow Index
0.9/ 100
Risk Profile
Weight: 20%
DSCR
0.8818
LTV Ratio
80.0%18
Vacancy Buffer
5.0 mo83
Risk Index
39.8/ 100

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

Comparables

Properties near 5963 Kister Road

Time

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