UNIT B - 5557 MCGRAIL AVENUE, Niagara Falls (Clifton Hill)
UNIT B - 5557 MCGRAIL AVENUE, Niagara Falls (Clifton Hill), ON L2G3R2
Price on request
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Asset Class
Multifamily
Size
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Building class
A
Zoning
RF6 — Medium Density
$ / SF
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Occupancy
91%
About this property
This charming bedroom unit, with shared bathroom rental unit is ideally located in the heartof Niagara Falls, just steps from the bustling Clifton Hill tourist area. Offering fullyfurnished upper-level living, this well-maintained unit features an open-concept design with aspacious living room and an eat-in kitchen. The shared 4-piece main bath is convenientlylocated on the second floor, along with the primary bedroom. Close to schools, parks, transit,and all major amenities. Only minutes from the Niagara River, The Falls, and the bridge to theUSA, with a short drive to the highway. A perfect location for those seeking comfort andconvenience. 1 parking spot is available with this unit. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$77K
Annual cash flow
$-6K
Cash-on-cash
-1.26%
DSCR
0.93
Going-in cap
5.16%
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
110,943
Households
50,105
Median income
$62,000
Median age
37.2
Daytime population
136,304
5-yr growth
5.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for UNIT B - 5557 MCGRAIL 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.