For Lease · Multifamily

MAIN - 4762 KINCAID PLACE, Niagara Falls (Downtown)

MAIN - 4762 KINCAID PLACE, Niagara Falls (Downtown), ON L2E1C5

Price on request

—

Asset Class

Multifamily

Size

—

Building class

C

Zoning

RA9 — High Rise

$ / SF

—

Occupancy

93%

About this property

2 Bedroom + Den , 1 Bathroom MAIN FLOOR Unit for Lease in Niagara Falls! Welcome to this updated, carpet-free main floor unit offering bright and comfortable living in a convenient Niagara Falls location. Featuring a spacious eat-in kitchen, refreshed bathroom, and flexible layout, this well-maintained home is ideal for tenants seeking clean, low-maintenance living with added functional space. Located in the heart of Epworth Circle directly across from Kent School, this property is just minutes from the GO Train Station, Casino Niagara, The Falls, shopping, restaurants, and quick QEW access - making it an excellent option for commuters and those looking to enjoy everything Niagara Falls has to offer. Clean, updated, and centrally located, this is a fantastic leasing (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$80K

Annual cash flow

$-3K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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

109,050

Households

40,482

Median income

$70,000

Median age

38.5

Daytime population

119,309

5-yr growth

4.4%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for MAIN - 4762 KINCAID PLACE, Niagara Falls (Downtown).

NDA required
  • 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.