5662 BUCHANAN AVENUE, Niagara Falls (Clifton Hill)
5662 BUCHANAN AVENUE, Niagara Falls (Clifton Hill), ON L2G3V1
$435,000 total
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Asset Class
Multifamily
Size
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Building class
B
Zoning
RF6 — Medium Density
$ / SF
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Occupancy
89%
About this property
Opportunity knocks at this triplex, with 2 upper level units currently rented ,spacious main floor 2-bedroom unit previously owner occupied and is now vacant and available immediately. Live in main unit , help pay the mortgage with the other 2 units . Upper floor has 1 -1 bedroom unit and 1-2 bedroom unit, both with updated baths. Main floor unit has private laundry facilities, parking for 2 cars. Full basement for storage 2 hot water tanks (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$16K
Annual cash flow
$-8K
Cash-on-cash
-6.47%
DSCR
0.65
Going-in cap
3.60%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
45,987
Households
19,308
Median income
$132,000
Median age
35.3
Daytime population
46,480
5-yr growth
2.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 5662 BUCHANAN AVENUE, Niagara Falls (Clifton Hill).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.