$439,000
7521 SHERRILEE CRESCENT
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About this home
Build Your Dream Home in Niagara Falls! This rare vacant lot is the perfect opportunity to create your ideal home in a quiet, established subdivision. Backing onto a peaceful forest with no rear neighbors, you'll enjoy privacy and natural views while being just minutes from Costco, the brand-new Niagara South Hospital, top schools, and all major amenities. Plans are available for a stunning multi-generational home designed with three independent living spaces each with its own kitchen and laundry offering incredible flexibility for extended family living, potential rental income, or future-proofing your lifestyle. The main floor also features a dedicated home office with its own separate entrance, ideal for professionals working from home. Opportunities like this are rare in such a convenient and growing community. Seller is offering VTB. (id:65958)
- Subtype
- Vacant Land
- MLS#
- X12763950
- Area
- NIAGARA_FALLS_(BROWN)
Cash on cash
-9.63%
Cap rate
3.96%
GRM
15.2
Break-even rent
$3,142
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 14, 2026.